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.
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.
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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).
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.
Netflix features US$22.995m LA mansion with sunset view
While real estate may not be everyone’s cup of tea, Selling Sunset has definitely piqued an interest among Netflix audiences as the series showcases the dazzling lifestyle of The Oppenheim Group’s realtors.
TA Global receives construction approval for Sri Damansara Sentral MRT link bridge
PETALING JAYA (June 1): TA Global Bhd has received the construction approval for the Sri Damansara Sentral MRT link bridge, marking tremendous progress in strengthening the accessibility of Damansara Avenue, the developer’s 48-acre master plan in Bandar Sri Damansara.
Beyond developing properties, EcoWorld cultivates entrepreneurship
The industrial or business parks of today are a far cry from the old grimy industrial areas most Malaysians are familiar with.
Land & General sank into the red in 4QFY22, proposes 0.5 sen dividend
KUALA LUMPUR (May 31): Land & General Bhd sank into the red in the fourth quarter ended March 31, 2022 (4QFY22) with a net loss of RM2.
