News by Fatin Najihah

According to a statement on Monday (Jan 17), Lulu Grocer is a full-fledged supermarket selling fresh food and imported products from the UK and US that come directly from Lulu Group's sourcing companies around the world. 

According to a statement on Friday, the agreement entails the design and development of 3,990 units of affordable housing with a gross development value (GDV) of RM1 billion. It covers two parcels of land, totalling 39.12 acres.

According to a statement on Thursday (Jan 6), Le Méridien Penang Airport is part of the Penang Gateway development, located by the Penang International Airport, on the main Jalan Sultan Azlan Shah road. It will be part of a mixed-use development that will also comprise an independent residential tower, medical centre, commercial and retail space. Construction is due to commence by mid-2022 and is expected to be completed by end-2026.

This move makes Zerin Properties the first real estate agency in Malaysia to do so. In a statement, Zerin Properties founder, managing director and chief executive officer Previndran Singhe said that the main reason the agency went with HaloCheck.xyz is due to the opportunity to use technology as an avenue to comply with what the central bank requires and to fulfil its clients’ requirements.

In a media briefing on Wednesday (Jan 5), LBS Bina announced that its property sales target for 2022 is RM1.6 billion, to be achieved by 14 planned launches that will cover the Klang Valley, Johor, Pahang and Perak. This will amount to 3,733 units with a gross development value (GDV) of RM1.77 billion

According to a statement on on Tuesday (Jan 4), the MoU was signed by UEM Sunrise chief marketing officer Kenny Wong and Sime Darby Property chief operating officer — integrated development Datuk Mohd Idris Abdullah (both representing Sime Darby Property Sunrise Development), while Netherlands Maritime University College was represented by its executive chairman Datuk Razali Yaacob

In a statement on Tuesday (Jan 4), Savills Malaysia shared its top property predictions in 2022 with comments by Khong, Savills Malaysia Deputy Managing Director and Head of Capital Markets Nabeel Hussain, Savills Malaysia Executive Director Marcus Chia, Savills Malaysia Director of Industrial Agency Kevin Goh and Savills Malaysia Director of Retail Services Murli Menon.

According to a statement on Wednesday (Dec 22), this brings Sunway Property closer to its sales target of RM2.2 billion, which is the revised sales target for this year. Its sales target was revised after surpassing its initial sales target of RM1.6 billion in the first half of the year. 

According to a statement on Tuesday (Dec 21), the opening of the hotel marks the brand debut of Marriott Bonvoy’s Tribute portfolio in Malaysia.

According to a statement on Friday (Dec 17), Mah Sing founder and group managing director Tan Sri Leong Hoy Kum shared that they are proud to have managed to keep their promise for vacant possession, targeted for the fourth quarter of 2021.