News by Chin Wai Lun

“The nature of proptech is such that its solutions are end to end. Functional silos often seen in many real estate companies constrain the end-to-end solutions that proptech has to offer. A single solution may require multiple stakeholders to agree,” said EdgeProp’s Ong.

The achievement marks Desa ParkCity as the first Malaysian entry to be shortlisted and awarded by the ULI APAC Awards for Excellence programme, widely recognised as one of the region’s most prestigious awards in the development community, the developer said in a statement today.

Situated on 4.55 acres of leasehold land in Setapak, SkyAwani 3 Residences comprises 1,905 units housed in three 52-storey towers.  

Situated on a 596-acre site in Genting Highlands, Tropicana WindCity will be anchored by Tropicana Paradise, comprising 308 acres of commercial and residential components as well as a 38-acre integrated entertainment hub with proposed branded serviced residences, five-star international branded hotels, a theme park and a shopping mall.

Hence, the developer is on track to achieve its sales target of RM2 billion for FY2022, it said in a statement highlighting its 2Q2022 results yesterday. 

The partnership seeks to explore ways to address the rising cost of building materials as well as leverage existing platforms in areas of marketing, branding and innovation, said the developer in a media statement today.

According to The Edge City & Country in Dec 2021, there were plans to redevelop Plaza OUG into a 6-storey shopping complex with a mezzanine floor, a 30-storey hotel with 312 rooms and a 41-storey serviced apartment with 361 units.

According to Kuala Lumpur City Hall (DBKL) in a statement on Monday (May 23), this is due to the incident where a double-storey house was destroyed after a retaining wall at the project site shifted on Sunday (May 22). Additionally, DBKL also mentioned that the Fire and Rescue Department had ordered the occupants of six nearby houses to evacuate.

The collaboration was marked by a signing of a Memorandum of Understanding (MoU) on April 27 by Hartamas Real Estate Group founder & managing director Eric Lim and EdgeProp Malaysia managing director Alvin Ong.

The development aims to be the cultural heart and hub for the growing Batu Kawan township – marking Ikano Centres' first foray into the northern region. Ikano Centres is a part of Ikano Retail, which owns the IKEA furniture stores in five countries and shopping centres anchored by IKEA.