Sime Darby Property Bhd’s Elmina Lakeside Mall is celebrating its first anniversary from today until Sept 1.

The Property Wealth System (PWS), a real estate masterclass developed in Singapore, made its debut in Malaysia at the Malaysia Property Xpo 2025 with a focus on strategic project selection.

IJM Land Bhd has partnered with Samsung Malaysia Electronics to incorporate smart home technologies across its existing and soon-to-be-completed residential developments, underscoring the property developer’s ambition to shape future-ready, sustainable townships.

The government is in the midst of finalising discussions with the receivers and managers of MEX II Sdn Bhd to determine the best solution for completing the stalled Maju Expressway extension (MEX II) project, according to Works Minister Datuk Seri Alexander Nanta Linggi.

Chin Hin Group Bhd (KL:CHINHIN) is disposing of its subsidiary Metex Steel Sdn Bhd, which specialises in steel welded mesh and wire products, for RM70 million. The all-cash transaction is expected to yield a gain of RM6.1 million for the group.

Construction of schools will be made a condition for planning permission in new large-scale housing projects under the 13th Malaysia Plan (13MP).

Noteworthy:

• Freehold
• Built-up size: 2,600 sq ft
• Land size: 3,500 sq ft
• 6 bedrooms, 4 bathrooms
• Semi-furnished
• Nearby amenities: EkoCheras Mall, Sunway Velocity Mall, Hospital Canselor Tuanku Muhriz UKM, UCSI College, Permaisuri Lake Garden
• Accessibility: Cheras Kajang Highway, MRR2, Sungai Besi Highway, Jalan Cheras

When: March 2025

Avillion Bhd (KL:AVI) on Thursday said it external auditor has flagged uncertainty over the hotel operator's ability to continue as a going concern in the group’s audited financial statements for the year ended March 31, 2025 (FY2025).

Tycoon Tan Sri Quek Leng Chan is no longer a substantial unitholder of AME Real Estate Investment Trust (KL:AMEREIT) following the disposal of 5.5 million units, equivalent to a 1.04% stake, by his investment vehicle Hong Leong Assurance Bhd (HLA).

Paramount Corp Bhd (KL:PARAMON) is acquiring a piece of freehold land in Penang from Penang Development Corp for RM57.84 million and planning a new mixed development with an estimated gross development value (GDV) of RM744 million on the plot.