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Maintain buy with an unchanged target price (TP) of RM1.

A piece of land of almost 300 acres on mainland Penang, held for over 60 years by a group of friends, has been put up for sale.

PJ Development Holdings Bhd (PJD), which is in the process of being taken private by Tan Sri Ong Leong Huat’s flagship OSK Holdings Bhd, is looking to divest three of its hotels — one each in Pahang, Johor and Kedah — for an estimated RM200 million.

Sunway Bhd (Oct 14, RM3.

AS efforts are made to build a future with cleaner fuel, electric vehicles (EVs) are becoming more popular.

THE Malaysian property auction market saw 12,336 properties worth about RM4.

DESPITE the sluggish market, property investors in Penang can take comfort in reports of capital appreciation in the state.

PETALING JAYA (Oct 14): Boutique developer Artisan Development is set to unveil the show unit of its latest landed home project — The Edge of U-Thant, some time between Oct 17 and 22.

JOHOR BAHRU (Oct 14): Damansara Realty Bhd will enter a joint venture (JV) with Country Garden Holdings Co Ltd to develop a 53-acre freehold land parcel in Johor Bahru into an integrated township known as Central Park.

SINGAPORE (Oct 14): Ascott Residence Trust (ART) could benefit from parent CapitaLand’s recent tie-up with Tujia, dubbed China’s answer to Airbnb, says UOB Kay Hian lead analyst Derek Chang in a Oct 14 report which has a “buy’ on ART with S$1.