The owners of strata properties (landed or multiple-storey) already bear the financial burden of maintaining their shared infrastructure and facilities through contributions to their joint management bodies, management corporations (MCs), or subsidiary management corporations.
The transit-oriented project, adjacent to the Bukit Chargar station under the Johor Bahru–Singapore Rapid Transit System (RTS), involves the development of four residential and commercial towers, Sunway said in an exchange filing.
The REIT’s distributable income for 4QFY2024 stood at RM88.
Data centre-related contracts account for about 15% of IJM’s RM6 billion outstanding order book SHAH ALAM (Feb 13): Data centre jobs in Malaysia appear intact despite the US’ attempt to curb exports of advanced chips thanks to strong demand for digital infrastructure, said IJM Corporation Bhd (KL:IJM).
The proposed disposal is expected to be completed in the second half of 2025.
The sale of the land by Matrix Concepts' 85%-owned subsidiary, N9 Matrix Development Sdn Bhd, to Kuntum Kemuning Sdn Bhd, a company involved in property investments, is deemed a related-party deal as Matrix Concepts’ managing director Ho Kong Soon is also the sole shareholder of Kuntum Kemuning.
DONE DEAL: Bungalow, Ledang Heights, Nusajaya, Johor DONE DEAL: Condo unit, Park Regent, Desa ParkCity, Kuala Lumpur In terms of income demographics, Bukit Bintang has 39.
In the report, the international real estate consultancy firm also highlighted that the Asia-Pacific office market saw a 1.
Binastra said this contract represents its first accomplishment for the new financial year ending Jan 31, 2026 (FY2026).
The business will provide IJM Corp with recurring income once operations commence in the first quarter of 2027, said its chief executive officer Datuk Lee Chun Fai.
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