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Titijaya said the location of the two assets—offering strong connectivity to both UMS and the upcoming Hospital UMS—makes the area a highly desirable locality in Kota Kinabalu.

Kerjaya Prospek said the acquisition will be executed by its subsidiary, Kerjaya Prospek Ventures Sdn Bhd (KPV), which has entered into a subscription and shareholders’ agreement (SSA) with three Singapore-listed Aspen (Group) Holdings Ltd’s subsidiaries, namely AVL, Aspen Vision Development Sdn Bhd (AVD) and Aspen Vision All Sdn Bhd (AVA).

IJM Land chief executive officer Datuk Tony Ling: “The park has been thoughtfully designed with biodiversity-friendly landscaping featuring trees and pollinator gardens, incorporating over 30 plant species.

One Oval marks a key step in the transformation of the historic Subiaco Oval precinct.

Two of the joint-venture projects will be located in Selangor—one in Pulau Indah and another in Ulu Yam—while the third will be in Rantau, Negeri Sembilan.

The development’s strategic location and accessibility have supported buyer interest, with proximity to Jalan Gelang Patah (0.

The additional NEM 3.

The contract is for a duration of 24 months from the site possession date, which is expected to be at the end of June.

To undertake the project, a special purpose vehicle will be established with Twinicon holding a 75% stake and Crest Star holding the remaining 25%.

To be held from May 24 to June 22 at UR-MU @ Toffee in Jalan Raja Chulan, MAW 2025 serves to showcase the works of local architects and offer a window into the stories, challenges and triumphs of Malaysian architecture.