Naim Holdings’ unit to dispose of Samarahan land for RM223.38m
Property developer Naim Holdings Bhd (KL:NAIM) is disposing of a parcel of land in Samarahan, Sarawak to Onlyee Flora Sdn Bhd for RM223.38 million.
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WCT to establish REIT comprising retail properties, list it on Main Market
WCT Holdings Bhd (KL: WCT), whose share price surged to a near five-year high on Wednesday, has proposed to establish a real estate investment trust (REIT) comprising its retail properties, and list it on the Main Market of Bursa Malaysia.
CCCC to share ECRL's operational risks with MRL
The main contractor of the East Coast Rail Link (ECRL), China Communications Construction Company Ltd (CCCC), is going to bear the operational risks of the rail together with its asset owner, Malaysia Rail Link Sdn Bhd (MRL).
DONE DEAL: Condo, Verticas Residensi, Bukit Bintang, Kuala Lumpur
Noteworthy:
- Freehold
- Built-up size: 1,500 sq ft
- 3 bedrooms, 3 bathrooms
- Fully furnished
- Nearby amenities: TERKL, KLCC Park, Pavilion Bukit Bintang, F&B outlets, Plaza Low Yat, Tung Shin Hospital, Raja Chulan monorail station, MRT Bukit Bintang, Dataran Merdeka, Central Market, schools
- Accessibility: Jalan Raja Chulan, Jalan Pudu, Jalan Imbi, Jalan Sultan Ismail, MEX, Sungai Besi Expressway, AKLEH
When: May 2024
S P Setia to launch Carabella semidee homes in Setia Alamsari, Kajang next month
S P Setia Bhd will unveil the Carabella double-storey linked semi-detached homes in Setia Alamsari, Kajang on Aug 3.
China’s minister of housing and urban-rural development visits SkyAwani 3 Residences
SkyWorld Development Bhd recently hosted a visit by China’s Housing and Urban-Rural Development Minister Ni Hong and his delegation to a tour of the SkyAwani 3 Residences.
WCT surges to near five-year high after linked-company Malton buys Genting Highlands land
Shares in WCT Holdings Bhd (KL:WCT) jumped to their highest in nearly five years on Wednesday after Malton Bhd (KL:MALTON), a company related to WCT's largest shareholder Tan Sri Desmond Lim Siew Choon, bought a piece of land in Genting Highlands to build serviced apartments and luxury villas.
Scanwolf to diversify into construction and construction-related activities
Scanwolf Corp Bhd is diversifying into construction and construction-related activities.
DONE DEAL: Semidee, Bukit Damansara, Kuala Lumpur
Noteworthy:
- Freehold
- Built-up size: 3,000 sq ft
- Land size: 4,370 sq ft
- 5 bedrooms, 4 bathrooms
- Unfurnished
- Nearby amenities: MRT Semantan, MRT Pusat Bandar Damansara, Pavilion Damansara Heights, DC Mall, The Five @ KPD, Plaza Damansara, HELP University, National Science Museum
- Accessibility: SPRINT-Damansara Link and Kerinchi Link, Jalan Tuanku Abdul Halim, Jalan Semantan, LDP, Jalan Damanlela
When: February 2024
Malton buying land in Genting Highlands to build apartments, luxury villas
Malton Bhd (KL:MALTON) said it is acquiring 30.17 acres of freehold land in Genting Highlands from fellow property developer Global Oriental Bhd (KL:GOB) to build serviced apartments and luxury villas.
