UEM Sunrise puts Hafizuddin Sulaiman in charge as Sufian Abdullah steps down as CEO
The property developer said in a statement on Wednesday that Sufian, who was appointed to the post on Feb 2, 2021, had tendered his resignation on Nov 29 to pursue other opportunities.
Construction sector on track for best year since 2016 — RHB
According to RHB in a note, the sector recorded RM183.
Radium Development acquires a 2.56-acre parcel for RM45m in Bandar Ampang, Selangor
The newly acquired site, located near Kuala Lumpur City Centre and directly accessible by major highways and the Cempaka LRT Station, represents a promising transit-oriented development opportunity for Radium “with direct appeal to urban residents and businesses seeking accessibility”, stated the company.
Malton seeks to raise up to RM19.5m via private placement to fund ongoing property projects
Of the proceeds, RM12 million will be allocated to support the group’s ongoing property development projects, including River Park (prime serviced apartments in Bangsar South with an estimated gross development value (GDV) of RM1 billion) and Park Green (low-density freehold serviced apartments in Bukit Jalil with a GDV of RM763 million).
Mah Sing buys Johor Bahru land for township project with GDV of RM463m
“Named M Tiara 3, the township will feature spacious super-linked homes, with indicative home prices starting from RM780,000.
Binastra wins RM328m building contract for Bukit Jalil serviced apartment
The company said the contract will commence on Dec 9, 2024, and construction works are to be completed within 42 months.
SimeProp earnings profile to leap by 2027 with data-centre push, analysts say
"We estimate that the investment by Google for Phase 2 could be worth RM4 billion to RM5 billion, as the capacity could be around 200MW to 250MW, based on the land size and the value of total rental.
IJM-led consortium explains variation in BKIP2 proposal following Penang state snub
The consortium also proposed a 100% industrial plan rather than having 10% of the site earmarked for mixed use purpose as mandated, citing the site's potential and "evolving demand of investors".
CapitaLand Malaysia Trust acquires automated logistics property for RM180m
This acquisition brings CLMT’s portfolio to 11 properties, increasing the proportion of logistics and industrial assets to 6% from 3% of its total portfolio under management.
