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"Under the JV agreement, Ireka would provide strategic oversight and governance via a joint management committee, while UFDSB shall be responsible for securing project financing, managing operations and executing the works.

Turiya, in a filing with Bursa Malaysia, said it is buying the 31-year-old office building from Sentral Real Estate Investment Trust (REIT) (KL:SENTRAL) to boost revenue, quickly attract tenants, and diversify income away from its semiconductor business.

The project is expected to generate between 8,000 and 9,000 jobs during construction and over 10,000 jobs upon completion, driving opportunities across construction, services, logistics and commerce.

Condominium prices also charted steady growth, with average transacted values rising 3.

Genting Malaysia said the deal will see Empire Resorts sell key non-casino properties—including the 332-room Resorts World Catskills (RWC) and the 99-room Alder Hotel, a 18-hole Monster golf course, the 2,500-seat RWC Epicenter, and restaurants—to a local development body, Sullivan County Resort Facilities Local Development Corporation (SCRFLDC), which will run them as public assets.

Datuk Zaini Yusoff, who joined S P Setia from I&P Group Sdn Bhd in 2017, has been serving as chief operating officer since 2023.

“This type of financing is particularly attractive for buyers looking to move in immediately, allowing them to fully furnish their homes to their taste.

Damansara Heights, Kuala Lumpur residential land sold for RM8m | DONE DEAL Sejati Lakeside, Cyberjaya, Selangor terrace house sold for RM1.

Housing and Local Government Minister Nga Kor Ming, who is also president of the UN Habitat Assembly (UNHA), said the declaration sends a clear and urgent message that urban leadership is essential and that local voices are central to shaping Asean’s future.

"Preliminary investigations found that the suspect is believed to have conspired in the act with another main suspect by using a document containing false details to obtain the proceeds from the land sale," the source said.