Leasehold property owners in Negeri Sembilan are advised to seize the opportunity to convert their ownership status to freehold at the Land and District Office before the offer ends.

IJM Corp Bhd shares rose in early trade after the group expanded its United Kingdom (UK) property portfolio by acquiring a Grade II heritage office building in 25 Finsbury Circus, in London’s central business district for £72.5 million (RM407.9 million).

Automotive leather upholstery manufacturer Pecca Group Bhd (KL:PECCA) said it is acquiring land measuring 25,350 sq m in Bandar Serendah, Rawang, to support its expansion plans.

The government has approved 21 data centre projects under the Digital Ecosystem Acceleration Scheme with a total investment of RM113.8 billion since 2021.

Noteworthy:

• Freehold
• Built-up size: 4,481 sq ft
• Land size: 5,200 sq ft
• Semi-furnished
• 5 bedrooms, 6 bathrooms
• Nearby amenities: Bangsar Shopping Centre, Pavilion Damansara Heights, MRT Pusat Bandar Damansara, Cempaka International School
• Accessibility: SPRINT Damansara Link and Kerinchi Link, Federal Highway, NPE, Jalan Tuanku Abdul Halim, Jalan Bangsar, Jalan Damansara

November 2024

The Penang government will acquire more than 100 lots of land for the implementation of the Mutiara Line Light Rail Transit (LRT) project, with physical works to start in the third quarter of this year.

Conglomerate IJM Corp Bhd (KL:IJM) said on Wednesday it has secured a 143-year leasehold interest in 25 Finsbury Circus — formerly known as 1-5 London Wall Buildings — for £72.5 million (RM407.9 million) from private equity firm TPG Angelo Gordon.

Visitors to Merdeka 118 now have a smoother, more efficient route into the precinct with the opening of the Belfield Tunnel, an infrastructure project by PNB Merdeka Ventures Sdn Bhd (PMVSB), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB).

The High Court on Wednesday dismissed a judicial review filed by eight residents and property owners to challenge the validity of the new KL Local Plan 2020 master plan, which they claimed was approved and gazetted without notices, forums or gathering of their feedback.

MIDF Amanah Investment Bank Bhd expects loan applications for property purchases to be flattish in February 2025 and grow stronger from March onwards, following lower monthly loan applications in January.