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The Troika, Kuala Lumpur condo unit sold for RM2.

PETALING JAYA (April 30): A 253-acre freehold landbank in Alor Gajah, Melaka — bought for RM45.

PETALING JAYA (April 30): The retail and office arms of the IGB group both reported stronger first-quarter results, though the scale of their performances diverged sharply — with IGB Real Estate Investment Trust's (IGB REIT) malls posting blockbuster growth on the back of a new acquisition, while IGB Commercial Real Estate Investment Trust (IGB Commercial REIT) delivered a steady, organic improvement across its office portfolio, according to its Bursa Malaysia announcements.

KUALA LUMPUR (April 30): Construction and property firm Bina Puri Holdings Bhd (KL:BPURI) is extending its financial year again, now combining nearly two years of results into a 23-month reporting period by switching to a May year-end.

PETALING JAYA (April 29): Real estate agency Polygon Properties marked its ninth anniversary with its Globe Gala Night on April 17 at Galaxy Banquet Hall in Sentul, bringing together 500 guests for a cross-cultural themed celebration.

PETALING JAYA (April 29): KHPT Holdings Bhd's soon-to-be-acquired subsidiary, Ngai Cheong Metal Industries Sdn Bhd (NCMI), has entered into a 10-year lease for a factory complex in Puchong, Selangor, at an initial annual rental of RM1.

PETALING JAYA (April 29): Real estate agency Wereg Properties recorded a 50% to 100% increase in sales revenue over the past year, marking a significant milestone in its growth trajectory.

PETALING JAYA (April 29): Tropicana Corp Bhd is deepening its bet on Langkawi's tourism-driven property market, with its wholly-owned subsidiary Tropicana Scenic Development Sdn Bhd (TSDSB) acquiring two separate parcels of land on the island for a combined consideration of RM195.

PETALING JAYA (April 29): 7-Eleven Malaysia Holdings Bhd (SEM) is pushing upstream into food production, with its 60%-owned subsidiary QVI Foods Sdn Bhd signing a Sale and Purchase Agreement (SPA) yesterday to acquire a parcel of freehold agricultural land in Seri Kembangan, Selangor for a cash consideration of RM19 million, or approximately RM205 psf, according to its announcement on Bursa Malaysia.

PETALING JAYA (April 29): Avaland Bhd is expanding its footprint in Kuala Lumpur's luxury residential segment, with its indirect wholly-owned subsidiary Nexus Advertising Sdn Bhd (NASB) signing a conditional sale and purchase agreement (SPA) yesterday (April 28) to acquire three adjoining parcels of freehold development land in the prestigious Taman U-Thant embassy enclave for RM86,039,000, according to its announcement on Bursa Malaysia.