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Plenitude appoints Ng Yoon Thai as new CEO
KUALA LUMPUR (April 17): Plenitude Bhd (KL:PLENITU) has named Ng Yoon Thai as its new chief executive officer to lead the real estate firm that is involved in development, investment and hospitality.
Malaysia short-term rental market set to grow even as competition increases
PETALING JAYA (April 17): Malaysia's short-term rental sector is expected to expand over the next five years, driven by regulatory clarity, tourism recovery, and rising supply, though industry players warn that competition will intensify.
Gadang sinks into the red in 3Q as construction and property divisions record lower revenue
KUALA LUMPUR (April 17): Gadang Holdings Bhd (KL:GADANG) has posted a net loss of RM10.
HCK Capital's RM600 mil Cheras JV turns unconditional
PETALING JAYA (April 17): HCK Capital Group Bhd (HCK Capital) announced yesterday (April 16) that all conditions precedent of its proposed joint venture (JV) to develop a freehold land parcel in Cheras, Selangor, have been fulfilled, rendering the JV unconditional with immediate effect.
YNH Construction faces winding-up petition from LHDN over RM7.21 mil in unpaid taxes
PETALING JAYA (April 17): YNH Property Bhd announced yesterday (April 16) that its wholly-owned subsidiary, YNH Construction Sdn Bhd, had been served with a winding-up petition by the government of Malaysia via Lembaga Hasil Dalam Negeri Malaysia [LHDN] (Lembah Klang Legal Branch) on April 14, 2026.
Sunway closes Australian property unit after nearly seven years of dormancy
PETALING JAYA (April 17): Sunway Bhd has confirmed that its indirect wholly-owned subsidiary, Sunway Property (Australia) Pty Ltd (SPAPL), was formally deregistered by the Australian Securities and Investments Commission (ASIC) on April 6, 2026, under Section 601AA(4) of the Corporations Act 2001.
Careplus sells off property development unit Centro Heights
KUALA LUMPUR (April 17): Careplus Group Bhd (KL:CAREPLS) said it is disposing of its entire stake in its property development unit Centro Heights Sdn Bhd to streamline its asset portfolio and unlock asset value.
The Sentral Residences, Kuala Lumpur condo unit sold for RM5.4m | DONE DEAL
Park Place @ ParkCity, Kuala Lumpur condo unit sold for RM2.
Kajang sees growing home values, driven by master-planned townships
KAJANG (April 16): Kajang’s property price growth has outperformed the national compound annual growth rate, with values continuing to reach record highs and indicating further upside potential.
PropNex: Prime Grade A offices in high demand, tenants secure leases in advance
KUALA LUMPUR (April 16): With Grade A office supply in prime locations experiencing high demand and occupancy rates, businesses are advised to adopt a more forward-looking and strategic approach when securing workspaces.
