News about properties

PETALING JAYA (Aug 7): IOI Properties Group Bhd (KL:IOIPG) has secured conditional approval from the Securities Commission Malaysia (SC) for the establishment and listing of its proposed real estate investment trust (REIT), marking a key regulatory milestone for the REIT's proposed acquisition of nine properties for RM7.

PETALING JAYA (July 31): IOI Properties Group Bhd has issued a circular to shareholders and notice of extraordinary general meeting (EGM) for its proposed S$1.

PETALING JAYA (July 30): IOI Properties Group Bhd will bring Puchong's first internationally branded five-star hotel to its RM12 billion IOI Rio City development, as the property developer expands its investment property and hospitality portfolio to strengthen recurring income.

PETALING JAYA (July 30): AME Real Estate Investment Trust (AME REIT) posted higher net income for the first quarter ended June 30, 2026 (1QFY2027), driven by contributions from four properties acquired in the previous financial year and higher rental rates from tenancy renewals.

PETALING JAYA (July 24): IOI Properties Group Bhd (IOIPG) has revised its proposed real estate investment trust (REIT) exercise after an updated independent valuation increased the appraised value of the proposed portfolio by RM86 million, or 1.

PETALING JAYA (July 23): OCR Group Bhd has entered into a conditional share sale agreement to acquire a 49% equity interest in Chester Properties Sdn Bhd from Datuk Howard Chew Si Hoo for RM19.

PETALING JAYA (July 21): MUI Properties Bhd is selling a 49,725 sq m (535,235 sq ft) parcel of freehold industrial land within Springhill Industrial Park, Bandar Springhill, Port Dickson, Negeri Sembilan for RM18.

PETALING JAYA (July 13): Penang-based PTL Properties has opened the sales gallery for The Rimbun, a 664-unit freehold townhouse development in Bukit Mertajam, Penang, where indicative prices start from RM400,000.

PETALING JAYA (June 26): Chin Hin Group Property Bhd (CHGP) has entered into a joint development agreement (JDA) to co‑develop a high‑rise residential project in Melawati with an estimated gross development value (GDV) of approximately RM883 million.

OSK Ombak is located along Balok Beach in Kuantan, Pahang, a well-established coastal stretch known for its resort-style developments and leisure appeal.