S P Setia to continue cutting debt, preparing for potential REIT
Strategic priorities include divesting non-core assets, refinancing borrowings and generating more cash flow to service debt, S P Setia said in its annual report released on Wednesday.
Holiday Inn Express Hotel KL up for sale — Colliers
The proposed sale of the 384-room hotel includes office and retail space within the 21-floor main building and four-floor annex building with parts leased to specialty restaurant operators, Colliers said in a statement.
Ewein buying land in Butterworth to develop workers’ dormitory
The property developer and precision sheet metal fabrication manufacturer said the move is in line with the group's intention to diversify into the provision of workers’ dormitory accommodation and manpower management related services.
DONE DEAL: Boutique office, Old Klang Road, Kuala Lumpur
DONE DEAL: Semidee house, Taman Taming Indah, Selangor DONE DEAL: Semidee factory, Semenyih, Selangor Commercial real estate remains the sector with the highest average transaction prices at RM1.
Glomac’s 3Q net profit surges on higher property development revenue
The group will remain focused on the affordable and mid-market residential segments, where it has successfully built a strong brand with quality, innovative and digital lifestyle concepts products.
Cambodia’s investment climate surges with 5.5% growth rate in 2023 – Juwai IQI
“We are launching the CMC High-Tech Park because Cambodia is already home to some of the world’s biggest brands, and many of them are producing their goods near Phnom Penh and in close proximity to our new Park.
Scientex 2Q net profit climbs 33% as billings rise, new launches help
Looking ahead, Scientex remains optimistic about the resilient demand for affordable homes in FY2024, as the group aims to achieve the completion of 50,000 affordable homes by 2028 across seven states.
TCS bags RM140.2m buildings works projects in Selangor
"The group is positive about the outlook of the construction industry, backed by strategic infrastructure, utilities projects, and the acceleration of projects under the 12th Malaysia Plan, 2021-2025.
At least RM350m in property sales expected at Mapex Selangor 2024 — Rehda
Rehda Selangor chairman Datuk Zaini Yusoff said that Mapex Selangor 2024 will bring the latest offerings of real estate opportunities in Selangor and Kuala Lumpur.
