News about property

PETALING JAYA (June 12): Sime Darby Property Bhd’s Elmina Lakeside Mall has won the World Gold Award in the Retail category at the 2026 FIABCI World Prix d’Excellence Awards.

PETALING JAYA (June 12): Sime Darby Property Bhd has secured shareholder approval for a new long-term incentive plan (LTIP) of up to 5% of its issued shares, as well as a specific 2026 share grant to its group managing director and CEO Datuk Seri Azmir Merican, at an extraordinary general meeting (EGM) held on Wednesday.

Noblegate is a freehold landed residential enclave within the master-planned Eco Majestic township by Eco Majestic Development Sdn Bhd (EcoWorld).

PETALING JAYA (June 10): Chin Hin Group Property Bhd (CHGP) said the conditional period for its joint development agreement (JDA) with Kelana Megah Sdn Bhd has been further extended by six months, as conditions precedent under the agreement have yet to be fully satisfied.

KUALA LUMPUR (June 10): For many Malaysians, engaging a real estate agent is a familiar part of adulthood, whether for renting, buying, selling or investing in property.

KUALA LUMPUR (June 10): Sime Darby Property Bhd's (KL:SIMEPROP) new venture fund should generate at least RM62 million in annual attributable net profit from the second half of 2027, according to Hong Leong Investment Bank.

PETALING JAYA (June 9): TH Tebrau Land Sdn Bhd, a subsidiary of Teguh Harian Group, has launched Monterra, a RM941-million integrated mixed-use development in Tebrau, Johor Bahru (JB), Johor.

PETALING JAYA (June 9): Sime Darby Property Bhd is heading into its 53rd annual general meeting (AGM) with a growing pipeline of industrial and technology infrastructure assets at Elmina Business Park, Selangor and an increasing contribution from its investment and asset management (IAM) segment, as disclosed in its 2025 Integrated Annual Report and regulatory filings.

PETALING JAYA {June 9}: Sime Darby Property Bhd has launched its second real estate development fund, the New Economy Venture (NEV), with a target fund size of up to RM1.

PETALING JAYA (June 4): Chin Hin Group Property Bhd (CHGP) is acquiring a factory and warehouse complex in Selangor Science Park 1 for RM92.