YKGI Holdings seeks to diversify into construction, property development
ADSB has secured RM17 million of orders for its construction business, and submitted tender applications and quotations for construction works amounting to RM6.
Chin Hin and Ivory Properties to develop Crown Penang, to launch in 2Q2024
Crown Penang comprises 588 units within a 41-storey tower, and its units will feature smart-home technology in an urban resort setting.
OCBC Bank extends RM700m financing to Ideal Property Group
OCBC Bank will also be offering an attractive end-financing package to qualified end purchasers of the industrial park.
Setia EcoHill 2 unveils first phase of commercial development in Setia Commerce Square
Nadi comprises three phases of shopoffices and is estimated to have a gross development value of RM500 million, occupying 34 acres out of the 1,010-acre Setia EcoHill 2 which is planned for completion by 2026.
CapitaLand Malaysia’s 1Q NPI up 9% on better revenue contribution; declares 0.87 sen DPU
Its portfolio occupancy improved to 89.
AME REIT declares 1.82 sen distribution per unit for 4Q23
It was the second distribution whereby AME REIT distributed 100% of the quarter’s distributable income to its unitholders.
Crowne Estate partners with Accor to open Swissôtel Genting Highlands in 2028
It will be located at an altitude of 3,000 feet that includes a 300-room property, conference facilities, and grand ballroom with a 15-minute drive away to the Genting Highland summit.
Axis REIT posts small rise in 1Q net property income, declares 2.05 sen income distribution
Axis REIT’s manager is optimistic that in view of the satisfactory performance of the REIT’s existing property portfolio and its growth strategy to actively pursue quality investments, it will be able to maintain its current performance for FY2023.
Tropicana Grandhill’s first phase records take-up of 90%
TwinPines Serviced Suites features 1,443 units in two towers, with built-ups ranging from 379 sq ft to 1,330 sq ft.
