A few prime developers won notable and multiple awards at the Malaysian Institute of Planners (MIP) Planning Excellence Awards (MIPPEA) for 2024 held recently.

Miclebina Group of Companies has launched Santorini@Botani Ipoh (Pangsapuri Rafflesia), a Santorini-inspired residential project in Bandar Botani, Ipoh, under the Perakku Home Ownership Scheme.

The Klang Valley property market experienced an upward trend in 2024, with prices appreciating by more than 3% year-on-year (y-o-y). Batu district, home to prestigious neighbourhoods like Mont’Kiara and Desa Park City, emerged as a top performer, with serviced apartments witnessing an impressive price surge of almost 20%.

The establishment of the Johor-Singapore Special Economic Zone (JS-SEZ) has helped boost property sales in Johor, said State Housing and Local Government Committee chairman Datuk Mohd Jafni Md Shukor.

There will be no compromise on any misconduct involving governance issues that affect integrity in the Federal Territories, stressed Minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa.

AwanBiru Technology Bhd (KL:AWANTEC) is disposing of an eight-storey office and retail building in Cyberjaya to tenant Puncak Hartanah Intelek Sdn Bhd for RM25 million.

Compugates Holdings Bhd (KL:COMPUGT) said it has teamed up with a property developer to undertake a mixed-use development on a 14.5-hectare land in Cyberjaya with an estimated gross development value (GDV) of RM1.36 billion.

DXN Holdings Bhd (KL:DXN) said it is terminating its plan to develop a medicine facility and a wellness centre due to a lack of progress and failure to achieve the expected benefits.

Citaglobal Bhd (KL:CITAGLB) signed a deal on Friday to buy a 1.58-acre land at Jalan Tun Razak from Bank Islam Malaysia Bhd (KL:BIMB), for RM73 million.

Construction player and property developer Vizione Holdings Bhd (KL:VIZIONE) slipped into the red with a net loss of RM79.68 million for the second quarter ended Nov 30, 2024 (2QFY2025), reversing from a net profit of RM213,000 a year ago.