News by M

Gamuda Bhd (KL:GAMUDA) said on Friday it is buying three plots of land measuring 336 acres combined for RM248.7 million near its current project in Selangor.

Acme Holdings Bhd (KL:ACME) is selling a 5.86-acre parcel together with a building atop in Perai, Penang, for RM22 million cash to Nation Robo Sdn Bhd.

Malaysia is considering a new law to protect buyers of mixed and commercial properties.

Tropicana Corporation Bhd has appointed globally acclaimed architecture, engineering and urban planning firm Skidmore, Owings & Merrill (SOM), to lead the transformation of the 163-acre Lido Waterfront Boulevard (LIDO) masterplan in Johor.

S P Setia Bhd has launched its “Setia Mad About Homes 2025” campaign, which runs from May 9 to Aug 31, 2025.

Malaysia’s proposed Urban Renewal Act (URA) aims to breathe new life into aging and run-down urban areas by making redevelopment easier, more efficient and fairer to both property owners and developers.

Real estate investment trusts, or REITs, are aimed at defensive investors, said Paradigm REIT director of investment, finance and accounts Chong Kian Fah

Arika@Kubang Kerian comprises 668 fully furnished residential units and 26 commercial shoplots. Featuring more than 45 lifestyle facilities, “the development has received strong market interest and is fast emerging as a new benchmark for urban living in Kelantan”.

Malaysian Resources Corporation Bhd (MRCB) has received a letter of acceptance from Menteri Besar Selangor (MBI Selangor) for the construction and completion of the new Kompleks Sukan Shah Alam (KSSA), valued at RM2.94 billion.

Melati Ehsan Group, through its member Bayu Mantap Sdn Bhd, unveiled the sales gallery for Khaya Residences on Friday.