IOI Properties’ property investment segment records 53% growth
IOI Properties’ hospitality & leisure segment more than doubled its revenue, primarily driven by contributions from three new additions to the portfolio, namely Moxy Hotel, W Kuala Lumpur and Courtyard by Marriott Penang.
Shouldn’t stratified properties enjoy lower assessment rates by DBKL?
The owners of strata properties (landed or multiple-storey) already bear the financial burden of maintaining their shared infrastructure and facilities through contributions to their joint management bodies, management corporations (MCs), or subsidiary management corporations.
SCIB files writs of summons against developer Awana JV Suria Saga after project in Perak falls through
Additionally, SCIB is seeking a court order to compel Awana to discharge SCIB as the corporate guarantor for the loan facility within 30 days from the date of judgment.
Shariah compliance and REIT plans may propel IOI Properties to join KLCI as early as end 2025 — HLIB
HLIB also highlighted IOI Properties as an overlooked beneficiary of the Johor-Singapore Special Economic Zone (JS-SEZ), holding the largest landbank in Johor among developers, totalling 5,200 acres.
TH Properties and AFFIN BANK partner to make homeownership more accessible to younger customers, fresh graduates and women
Home financing solutions will be offered by AFFIN BANK to homebuyers of TH Properties’ current developments, namely Bandar Enstek, Warisan Puteri 2, and Padang Residences.
MUI group continues to unlock asset value
MUI Properties Bhd (KL:MUIPROP) executive chairman Boo Yeow’s latest deal saw the sale of a sizeable parcel of land near Port Dickson to Gamuda Bhd (KL:GAMUDA) for the latter’s data centre venture.
Epicon executive chairman joins Lagenda Properties’ board
Koong Wai Seng, 57, was redesignated as an executive chairman of Epicon, formerly known as Konsortium Transnasional Bhd, on Oct 1.
Gamuda buys land from MUI Properties-Chin Teck JV for RM424m cash, for data centre project
MUI Properties said Gamuda acquired the land in the industrial park of its flagship Bandar Springhill development for the outfit's high-tech digital infrastructure hub.
MUI Properties’ shares suspended for corporate exercise announcement
Shares of MUI Properties have more than doubled so far this year, after hitting a two-decade high on Sept 30.