News by theedgemalaysia.com

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.

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

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

Paradigm Real Estate Investment Trust, which owns three shopping malls, has launched its initial public offering (IPO) that could raise up to RM560 million ahead of its Main Market listing.

Aneka Jaringan Holdings Bhd (KL:ANEKA) has secured a RM50.54 million contract to undertake earthworks, piling and substructure works for an apartment and hotel development project in Jalan Sultan Ismail, Kuala Lumpur.

YNH Property Bhd (KL:YNHPROP) and Sunway Real Estate Investment Trust (Sunway REIT)(KL:SUNREIT) have agreed to take another four months to complete the sale of Aeon Mall Seri Manjung for RM138 million.

Oriental Interest Bhd's (KL:OIB) residential brand Myra unveiled the first phase of Halaman collection in its RM1 billion Myra Tenuman master-planned development at the Myra Tenuman sales gallery in Alam Impian, Shah Alam on Wednesday.

Bank Pembangunan Malaysia (BPMB) is providing RM33.87 million in financing to Pangolin Resort for the second phase of Lundu Beach Resort in Sarawak, which will include a 72-room hotel, 28 villas, a banquet hall and dining facilities.