News about myedgeprop

Park Place @ ParkCity, Kuala Lumpur condo unit sold for RM2.

EBP 7 carries a gross development value of about RM3 billion and forms a major component of MVV 2.

The sale covers one leasehold parcel (expiring in 2099) and one freehold parcel, both currently vacant.

Taghill—formerly known as Siab Holdings Bhd—said its units Siab (M) Sdn Bhd (SMSB) and Siab Construction Sdn Bhd (SCSB) are seeking to reorganise their debts and business operations “to better serve the interests of creditors under court supervision, safeguard employment and enable a more advantageous realisation of assets compared to a winding-up scenario”.

Construction on the Shah Alam apartment will begin on Nov 17, 2025 and is expected to take 34 months.

Central region already benefits from an established network of suppliers, logistics providers, testing laboratories, higher-learning institutions, and innovation partners.

Meanwhile, the industrial segment also delivered strong growth, bolstered by Sunway REIT Industrial—Prai, which was acquired in October 2024.

The notice of application was filed with the Shah Alam High Court on Nov 6 by the landowner, Subramaniam Seenivasagam.

Sime Darby Property group managing director and CEO Datuk Seri Azmir Merican: We are grateful.

According to Selangor Housing and Culture Committee chairman Datuk Borhan Aman Shah, all affected residents have been offered temporary accommodation through the SMART Sewa Scheme, and have received appropriate compensation from the WCE concessionaire.