J&T Express acquires 30-acre land in Bandar Rimbayu to build logistics centre
PETALING JAYA (June 8): Indonesia-based logistic firm J&T Express announced that it has acquired 30 acres of land in Bandar Rimbayu, Selangor for RM600 million.
Ruma 33 fully taken-up in less than three months since launch
Kuala Lumpur (June 8): Glomac Bhd's hillside double-storey terraced house project, Ruma 33 has been fully taken up in less than three months since its launch in December 2021, said the developer in a media statement on June 7.
SCIB bags EPCC contract worth RM30.8m
KUALA LUMPUR (June 8): Sarawak Consolidated Industries Bhd (SCIB) has bagged an engineering, procurement, construction and commissioning (EPCC) contract worth RM30.
CapitaLand buys industrial properties from Dynaciate for RM80m
KUALA LUMPUR (June 8): CapitaLand Malaysia Trust has proposed to buy industrial properties in Penang from Dynaciate Group Bhd for RM80 million to venture into the logistics sector.
DONE DEAL: Two-storey shopoffice at Hicom-Glenmarie Industrial Park, Shah Alam, Selangor
Read also: DONE DEAL: Two-storey terraced house at M Residence 2, Rawang, Selangor DONE DEAL: Three-storey shoplot at SS2, Petaling Jaya, Selangor Hicom-Glenmarie Industrial Park in Section U1, Shah Alam, Selangor was developed by DRB-HICOM Bhd.
UEM Sunrise cooperates with nine local vendors under partnership programme
KUALA LUMPUR (June 7): In a Memorandum of Understanding, UEM Sunrise Bhd has partnered with nine local companies for its Vendors Partnership Programme.
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PKNS hands over 864 units of Residensi Idaman Selangorku
CYBERJAYA (June 7): The Selangor State Development (PKNS) handed over 864 units to the new owners of Residensi Idaman Selangorku at Selangor Cyber Valley today.
Rising number of ‘sick’ housing projects adds to housing woes
With 580 sick projects against 2,552 launched projects, it also indicated that nearly 23% of house buyers’ fates were determined by those errant developers According to the government’s statistics, as of March 31, 2022, the number of “sick” private housing projects rose to 580, comprising 102,132 units, which affected a total of 51,000 house buyers compared to 365 sick projects comprising 48,826 units affecting a total of 26,145 buyers in March 31, 2020 (Table 1).
AME Elite’s industrial parks secure Insulet Corp’s first facility in Southeast Asia, continue to attract FDI
PETALING JAYA (June 3): Integrated industrial space solutions provider AME Elite Consortium Bhd continues to attract foreign direct investment (FDI) with its latest addition, Nasdaq-listed medical device giant Insulet Corp.
Ideal Property Group's Queens Waterfront Phase 2 completed ahead of schedule
PETALING JAYA (June 3): The second phase of Penang-based developer Ideal Property Group’s Queens Waterfront called Queens Residences Q2 in Bayan Lepas has been completed ahead of schedule.
