News by Priya Devan

Master Builders Association Malaysia (MBAM) has announced its Budget 2023 wishlist, urging the government to boost the construction sector with more projects, according to a statement released on Monday (Sept 26).

S P Setia Bhd and Tenaga Nasional Bhd (TNB) kick-started their green initiative partnership with the installation of solar panels on the developer's corporate headquarters in Setia Alam, Shah Alam at a commencement signing ceremony on Wednesday (Sept 28). This is the first phase of S P Setia's green initiatives in partnership with TNB.

The factories have a combined gross development value of RM213 million.

The warehouse is leased to and will be shared by CEVA Logistics, a global logistics and supply chain company, and SL Ng, a fast-moving consumer goods market expansion service provider.

Knight Frank Malaysia reported that the country's office sector will continue to improve this year due to the uptick in economic activities and improved business sentiments, following the country’s transition to the endemic phase.

The data centre market in Malaysia, which was a rising trend last year, is expected to witness steady growth in the upcoming years, according to real estate service firm JLL in a webinar titled "Data Centre as the New Real Estate Deal" held on Thursday (Aug 18).

The Edge Malaysia Best Managed & Sustainable Property Awards 2022 (BMSPA 2022), which raises the bar on property management practices and sustainable real estate in Malaysia, saw eight of Henry Butcher Malaysia (Mont Kiara) Sdn Bhd's (HBMK) managed projects win awards under various categories.

DoubleTree by Hilton, a component of i-City Finance Avenue, was opened to the public on July 27. In a press statement on Thursday, i-Bhd chairman Tan Sri Lim Kim Hong said that i-City Finance Avenue expects a footfall of 30,000 business travellers by the end of 2022.

Gamuda Land signed a memorandum of understanding (MOU) with Universiti Malaya (UM) and Universiti Kebangsaan Malaysia (UKM), and a memorandum of collaboration (MOC) with Universiti Kuala Lumpur (UniKL), at Gamuda Cove on Wednesday (July 27).

I-Bhd’s i-City Finance Avenue is now 30% complete, following the opening of DoubleTree by Hilton in i-City, Shah Alam, Selangor on Wednesday (July 27).