Berjaya Land unit secures US$50m loan from Exim Bank for Four Seasons Okinawa project
Spanning 32 acres, Four Seasons Okinawa has an estimated gross development value of US$1.
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UEM Sunrise disposes 46.9 ha of freehold parcels in Johor Bahru for a total consideration of RM146.1 mil
UEM Sunrise stated that the disposals of the Lands are in line with its three-phase strategic turnaround plan: Triage, Stabilise and Sustain, particularly under the first phase, Triage, to transform the company into a balanced real estate player with the immediate goal of strengthening financial performance via, among others, monetisation of non-strategic lands.
Crescendo sells third Pulai land for RM315 mil cash
The disposal consideration is supported by the market value of RM315 million ascribed by the valuer, Crescendo said.
Desa ParkCity bags sustainable development recognitions at Malaysia Urban Planning Awards 2023
ParkCity Group CEO Datuk Joseph Lau said PLANMalaysia’s recognition underscores ParkCity’s commitment to sustainability, which is very much ingrained in the group’s brand DNA.
TH Properties unveils final phase of techpark@enstek, introduces semi-detached factories
techpark@enstek covers 1,750.
First high-rise of Gamuda Cove topped out
Maya Bay Residences comprises three towers of serviced apartments with a total of 972 units.
LBS to raise RM750m via sukuk, sets up its own sustainability financing framework
The programme provides the group the flexibility to issue both Sukuk Wakalah and Sustainability Sukuk Wakalah that complies with green/social/sustainability/sustainable and responsible investment sukuk guidelines, frameworks, standards or principles issued by the SC, the Asean Capital Markets Forum, or the International Capital Market Association.
Matrix Concepts secures RM512m financing facility from AmBank for MVV 2.0 project
“We will use 80% of the financing to fund the land purchase, and the remaining for infrastructure development in the township as well as standby funds.
LBS Bina secures 28.67MW solar power capacity from Energy Commission under CGPP
The total quota of 800MW under CGPP has now been fully subscribed.
GuocoLand's 1Q net profit triples to RM4.8 mil on higher property development and hospitality contribution
Looking ahead, the group acknowledged challenges in the domestic property sector due to higher interest rates, ongoing inflation and an oversupply of properties in different markets and segments.
