Tropicana Corp to launch SouthPlace 2 Residences serviced apartments in Tropicana Metropark in 3Q
SouthPlace 2 Residences will comprise 553 apartment units with built-ups from 583 sq ft, featuring one- to four-bedroom layouts.
High interest rates help botched Genting Malaysia’s US$1.2b Miami land sale?
Jorge Perez, the chief executive officer of Related Group, one of Miami’s largest builders, told the WSJ that he “passed” on the deal because Genting wanted the whole acquisition price upfront rather than in stages.
Tex Cycle to sell property in Jalan Kuchai Lama for RM29 mil
The group is selling the property, via its wholly owned unit Metro Envy Sdn Bhd, to Gorgeous Arena Sdn Bhd (GASB), Tex Cycle said in a filing with Bursa Malaysia.
MIDF Research stays neutral on property sector, sees improved buying sentiment on unchanged OPR
Additionally, Low believed that the unchanged OPR is expected to help property developers with financing costs.
IJM Land launches Nexus Seremban 2 commercial hub
With built-ups from 3,455 square feet (sq ft) to 10,559 sq ft, these units come with a starting price of RM1.
IJM enters into JV to develop two logistics hubs
Interestingly, the two logistics hubs will be fully leased to their master tenant Storio Sdn Bhd, an automated warehouse operator that is headquartered at Wisma Minlon.
Encorp enters Sabah property market with launch of Cahaya Kristal
The project is targeted at families and downsizers in search of nature, privacy and convenience.
Former Khazanah senior adviser and director Lim Tuang Ooi joins IOI board
Lim is a chartered accountant with over 40 years of experience in risk management, banking and accounting.
RHB IB sees strong property sales momentum for 2023, 2024
In a sector update on Monday (July 17), the research house said it believes property sales momentum will stay strong this and next year, with the Johor property market seeing sustainable recovery going forward.
