LBS Bina launches RM457 mil SkyRia residential project in Puchong
Situated within the 175-acre island township, SkyRia comprises two blocks with one housing 608 units, while the other has 391 units.
Ivory Properties gets three-month restraining order to avoid winding up proceedings by creditors
The restraining order, which will last for a period of three months from April 19, 2024, is to enable Ivory Gleneary Sdn Bhd (IGSB), a wholly-owned subsidiary of Ivory Properties, and its creditors to formalise the proposed scheme of arrangement and thus allow for the extension of time to submit the company's regularisation plan in order to get out of the PN17 status.
Widad’s largest shareholder appoints Industronics to manage Langkawi golf course, hotel development
One of the key projects announced in Langkawi in recent years, the integrated Widad Langkasuka project comprises a golf and country club, villas, luxury condominiums and serviced apartments, as well as a shopping complex.
Paragon Globe to sell part of JB land it just bought for RM238 mil
Paragon Globe expects a net pro forma gain of RM68.
Economists bet on BNM leaving the OPR unchanged later today
A Bloomberg poll showed that all 24 economists it surveyed are expecting BNM to keep the OPR unchanged at 3% following March's milder-than-expected inflation data — up 1.
UOB KayHian starts coverage on Lagenda Properties, target price RM2.05
UOB KayHian said that based on 2023 National Property Information Centre data, 53% of residential transactions in Malaysia involved houses priced at less than RM300,000, with Perak, Selangor, Johor, Kedah and Pahang being the key contributors.
DONE DEAL: One Menerung Condominium, Bukit Bandaraya, Kuala Lumpur
DONE DEAL: Terrace house, Taman Kajang Mulia, Kajang, Selangor DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur Average prices psf for non-landed residential properties in the Bukit Bandaraya area have increased by approximately 16.
Sentral REIT's 1Q net property income rises 30% but finance costs weigh
Sentral REIT, which has 53% of its portfolio by valuation located in KL Sentral here, also has exposure in Cyberjaya (13% of portfolio) and Penang (6%).
Defects in the common area: Owners of Sabah condo win 10-year repair dispute
Justice Ismail Brahim also ordered for a Joint Management Committee (JMC) to be set up with the owners of the condo “whereby two owners are nominated by the Protem Committee to be members of the JMC to manage all the affairs of the buildings, including the common property, the service fees fund and the sinking fund accounts”.
