Star Media invests nearly RM100 mil in unit trust fund focusing on Australian commercial office assets
KUALA LUMPUR (April 10): Star Media Group Bhd (KL:STAR) said it has subscribed to A$35.
Only part of Sungai Nibong Festival Site to be used for Penang Mutiara LRT depot, says Loke
GEORGE TOWN (April 13): Only part of the Sungai Nibong Festival Site will be used for the Penang Mutiara Line Light Rail Transit (LRT) project depot, with the remaining area being maintained for community use.
Early stage land acquisition underway for Penang's Mutiara Line LRT, says Loke
GEORGE TOWN (April 13): The Mutiara Line Light Rail Transit (LRT) project has shown positive progress, with land acquisition for Segments 1 and 2 currently underway in stages, thus reflecting the continued progress of Penang's high-impact public transportation project.
IOI Properties formally launches RM7.58 bil REIT, targets Main Market listing with retail, hotel and office assets
PETALING JAYA: (April 11): IOI Properties Group Bhd (IOI Properties) has formally announced the proposed establishment of IOIPG Malaysia Real Estate Investment Trust (IOIPG REIT), with a total portfolio disposal consideration of approximately RM7.
Penang launches RTPSI 2050, Malaysia’s first local plan for greenfield area
GEORGE TOWN (April 10): Penang on Tuesday launched its Publicity and Public Participation Programme for the Final Report of the Draft of the Penang Silicon Island Local Plan (RTPSI) 2050, which was specifically designed for a greenfield area or fully reclaimed development.
Nestcon acquires Iskandar Puteri land parcels for RM95 mil, diversifies into property development
PETALING JAYA (April 10): Nestcon Bhd is venturing into property development for the first time, proposing to acquire three parcels of freehold commercial land in Iskandar Puteri, Johor Bahru for a total of RM95 million through its indirect 70%-owned subsidiary, Nestcon Iskandar Puteri Sdn Bhd.
Menara Merdeka 118 to be recognised for advancing fire safety standards
PETALING JAYA (April 10): Menara Merdeka 118 is set to be recognised by the Kuala Lumpur Fire and Rescue Department as the first building in Malaysia to implement the Automatic Fire Monitoring System (SPKA), marking a new benchmark in high-rise fire safety standards.
.png)
A serene enclave within Adda Heights, Johor Bahru
Silver Garden Precinct by Southern Gateway (M) Sdn Bhd is nestled within the 500-acre upmarket Adda Heights township, a well-established address along Johor Bahru’s vibrant Tebrau Corridor.
Axteria buys 80% stake in construction firm Niaga Sari for RM35m cash
KUALA LUMPUR (April 10): Property outfit Axteria Group Bhd (KL:AXTERIA) said it has proposed to acquire an 80% stake in Niaga Sari Sdn Bhd (NSSB) for RM35 million in cash, as part of efforts to strengthen its construction capabilities and support its property development activities.
Seksyen 6, Kota Damansara, Selangor residential land sold for RM1.3m | DONE DEAL
Residensi Astrea, Kuala Lumpur condo unit sold for RM1m | DONE DEAL Marc Residence, Kuala Lumpur condo unit rented for RM5.
