Paragon Globe Bhd (KL:PGLOBE) said it has secured the rights to develop 67.42 acres of land in Iskandar Puteri, Johor, for a residential project with an estimated gross development value of RM733.12 million.
Noteworthy:
When: June 2024
The reason Fajarbaru Builder Group Bhd (KL:FAJAR) pulled out from participating in the affordable housing development in Putrajaya dubbed Residensi Cemara, which is estimated to have a gross development value of RM192 million, was that it had deemed the project "not sustainable" following a change in requirements.
As of Sept 30, 89% of the targeted affordable homes, or 443,259 units, have been completed, are currently under construction or are in the planning stages nationwide.
Kerjaya Prospek Group Bhd shares rose in early trade in Bursa Malaysia today after the company expanded its property portfolio in Penang.
UEM Sunrise Bhd has launched HomeClick, a new online platform that aims to simplify and digitise the homebuying process for its customers.
Singapore-based Oxley Holdings Ltd via a subsidiary, Artisan Hospitality Sdn Bhd, has formed a joint venture with Langham Hospitality Group (LHG) to open The Langham, Kuala Lumpur hotel at the Oxley Towers KLCC mixed development in 2027.
Avaland Bhd (KL:AVALAND) launched the Sanderling 2 high-rise residential project over the weekend. Sanderling 2 is the fourth and final phase of the developer’s 23-acre freehold Lakefront Residence development in Cyberjaya.
US-based medical devices company Dexcom Inc has officially opened its new manufacturing facility, also its first offshore manufacturing site outside the US, in Batu Kawan, Penang.
Newly listed KTI Landmark Bhd (KL:KTI) said it has won a sub-contract under the Armed Forces Family Housing (RKAT) construction project at the Labuan Air Base, worth RM49.99 million.
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