JHM acquires leasehold land with buildings in Sungai Petani for RM21 mil
JHM Consolidation Bhd is buying a leasehold land with two factories in Sungai Petani, Kedah for RM20.9 million.
MIDF positive on REITs' earnings prospects for 2H2024 amid bright retail, industrial outlook
The earnings prospect for real estate investment trusts (REITs) in the second half of this year is expected to remain positive, due to the bright outlook for the retail industry and industrial segment in Malaysia, according to MIDF in a note on Friday.
PNSB, Gagasan Nadi Cergas break ground for Rumah Idaman Amani at City of Elmina, Shah Alam
Permodalan Negeri Selangor Bhd (PNSB) and Gagasan Nadi Cergas (KL:NADIBHD) has announced the commencement of construction for its Rumah Idaman Amani in Shah Alam. The project has a gross development value (GDV) of RM286 million.
Majority of Gen Z prefer landed property — EdgeProp survey
High-rise developments are taking over the property market in urban areas for many reasons, including catering to younger homebuyers looking to move out and gain independence sooner rather than later. However, the very same demographic being targeted might actually be dreaming of owning landed properties instead.
IJM Land’s Phase 2 of Ridge View @ Puchong has 70% take-up
IJM Land Bhd officially launched Phase 2 of Ridge View @ Puchong on Friday. This phase was soft-launched on June 29 and has been 70% taken up since then.
Revised public display of MRT3 seen as another step forward, indicating govt commitment to project
A revised public display of the third phase of the Mass Rapid Transit (MRT3) indicates the government’s commitment and another step forward for the project, CIMB Securities said.
BNM in no rush to adjust interest rate amid stable inflation and growth outlook, economists say
Bank Negara Malaysia (BNM) is under no pressure to adjust its benchmark interest rate, despite global central banks leaning towards policy easing, thanks to stable inflation and a positive growth outlook, economists said.
Kerjaya Prospek Property CEO resigns to pursue own interests
Kerjaya Prospek Property Bhd's (KL:KPPROP) chief executive officer Joanne Lee Sor Phaik has resigned from her role after only slightly more than a year helming the property developer.
Systech teams up with Pinetop to develop data centres
Systech Bhd (KL:SYSTECH) has teamed up with Pinetop Technology Venture Sdn Bhd to develop and operate data centres.
Sentoria announces voluntary resignation of its external auditors
Sentoria Group Bhd (KL:SNTORIA) said on Thursday that Messrs Grant Thornton Malaysia PLT (GTM) has voluntarily resigned as the company’s external auditors.
