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Sunway Property introduces Signature Series 2022 Campaign

The campaign, which runs until July 31, will offer sale promotion deals, including free memorandum of transfer, an interest-free period until December this year and 100% financing from Maybank Islamic’s HouzKey programme. Selected units will also be fitted with free kitchen cabinets.

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MRT Corp starts tender process for MRT3 Circle Line

In a statement on Thursday (April 28), MRT Corp said the RFP is open to companies with experience in managing at least one railway project in Malaysia or overseas of a minimum aggregate value of RM1 billion. The project should also have at least two of three elements, which are elevated stations and viaducts, underground stations and bored tunnels, or railway systems.

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Tropicana appoints HostAStay as tenancy management service provider

HostAStay is one of the leading short-stay management companies in Malaysia. This collaboration synergises Tropicana’s property portfolio in tourism hotspots with HostAStay’s established track record for excellence in the short-term accommodation segment. This initiative is also set to drive hassle-free returns for Tropicana purchasers and homeowners. 

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S P Setia to raise up to RM1.18b from rights issue

The group intends to utilise the gross proceeds raised from the proposed exercise to redeem all outstanding RCPS-i B which were issued in December 2017 and to repay borrowings. As at April 8, 2022, it had 1.18 billion RCPS-i B amounting to RM1.04 billion in issue.

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Top Builders chairman redesignated as CEO

Foo, 51, assumed the role of executive chairman on April 7. According to bourse filings, she started her early career as a personal assistant to a company director. She then ventured into the insurance business.

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Knight Frank Malaysia acquires Property Hub Sdn Bhd

Knight Frank Malaysia acquired real estate agency Property Hub Sdn Bhd in a joint venture (JV) and rebranded the agency as Knight Frank Property Hub Sdn Bhd. The new company will be integrated with Knight Frank Malaysia’s residential operations, acting as the key element of the company’s residential agency network.

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Guocoland 3Q net profit tumbles 91% to RM6.73 mil

Guocoland (Malaysia) Bhd’s net profit fell significantly by 90.81% to RM6.73 million for the third quarter ended March 31, 2022 (3QFY21), compared with RM73.23 million a year earlier when the group had gained from the disposal of a piece of land in Jasin, Melaka.

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