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News about myedgeprop

SC Estate Builder signs pacts to bid for solar projects, develop homes

Jul 24

The target is to build 2,000 to 3,000 units of affordable houses with solar power on the roofs, two-metre wide walkway and bicycle lanes with internet connectivity.

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Petronas’ unit signs land rental agreement with Kuantan Port for carbon capture and storage hub in Pahang

Jul 24

The hub, dubbed Southern Carbon Capture and Storage Hub, is expected to have its first injection by 2029, Petronas said.

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AME Elite to launch RM1b GDV industrial park in Penang in 2H2024

Jul 24

“This venture beyond Johor will enable us to tap into new markets and meet increasing demand for industrial properties in Penang,” said the group in its latest annual report.

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Gamuda Land launches new eight-home cluster typology

Jul 24

Park Homes is neither a terraced nor a semi-detached home.

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Analysts mixed on IOI Properties’ gearing impact

Jul 24

HLIB said that while the mall is currently loss making, it sees value in this acquisition.

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Axis REIT to see sustained earnings in 2H, says HLIB

Jul 24

In a note on Wednesday, the research house said the results were within house and consensus full-year estimates at 48%.

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Behind the bid (Part 1): The pain of pursuing an auction property — at 25

Jul 31

In real estate investment, auction properties seem like low-hanging fruit ripe for the picking because of their usually ready-to-move-in state and lower-than-market prices.

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Tropicana Corp sells Tropicana Gardens Mall for RM680 mil

Jul 24

Tropicana Corp: “This transaction aligns with the group's ongoing strategic initiatives to monetise its low-yielding landbanks and investment properties, providing the financial flexibility necessary to support future growth”.

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YTL Cement to acquire 81% stake in Singapore firm for RM792 mil for IBS expansion

Jul 24

YTL Cement is buying the stake, comprising 303.

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Axis REIT's NPI up 12.9%, declares 2.25 sen income distribution

Jul 24

Revenue for the quarter ended June 30, 2024, rose 11.

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