Latest news

Malaysia’s proposed Urban Renewal Act (URA) aims to breathe new life into aging and run-down urban areas by making redevelopment easier, more efficient and fairer to both property owners and developers.

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

Malaysian Resources Corporation Bhd (MRCB) has received a letter of acceptance from Menteri Besar Selangor (MBI Selangor) for the construction and completion of the new Kompleks Sukan Shah Alam (KSSA), valued at RM2.94 billion.

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.

LBS Bina Group Bhd has entered into a Memorandum of Understanding with Oriental Holdings Bhd to collaborating on a mixed-use industrial development project here, with an estimated gross development value exceeding RM7 billion.

Bangsar Heights Pavilion Sdn Bhd’s (BHP) flagship development Quayside JBCC has secured a 100% take-up rate.

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.