AmBank (M) Bhd has filed a petition to wind up Ireka Corp Bhd as the property developer defaulted in debt payment of RM4.34 million on Dec 12, 2023.

Nestcon Bhd has clinched RM108 million worth of construction works from property developer Exsim Avenue Sdn Bhd for a mixed commercial development project.

Ivory Properties Group Bhd signed an agreement on Wednesday to proceed with its disposal of a 1.22-acre (0.49-hectare) freehold land in George Town, Penang to Chin Hin Group Property Bhd for RM40 million.

This year's real estate market is not just changing; but it is also evolving, according to CBRE|WTW group managing director Tan Ka Leong.

RHB Retail Research said Eco World International Bhd is in the midst of a rebound following a recent correction as it rebounded above the 21-day simple moving average line while breaching above the 31.5 sen immediate resistance level on higher trading volume.

Mah Sing Group Bhd launched its M Terra sales gallery in Puchong yesterday.

Noteworthy:

• Freehold
• 6 bedrooms, 4 bathrooms
• Built up size: 3,500 sq ft
• Land size: 8,382 sq ft
• Unfurnished
• Nearby amenities: Pantai Hospital, shopping malls, restaurants and cafes, Bangsar LRT station, Kebun Kebun Bangsar (Veggie Farm)
• Accessibility: Federal Highway, New Pantai Expressway (NPE), SPRINT

When: September 2023

Shares of Rohas Tecnic Bhd rose 10 sen or 33.33% to 40 sen — its highest since closing at 40 sen in February 2021 — in active trade on Wednesday morning, following its announcement that a consortium led by the construction engineering group secured a contract worth RM199.84 million under the Johor Bahru–Singapore Rapid Transit System Link (RTS Link) project.

Noteworthy:

• Freehold
• 5 bedrooms, 5 bathrooms
• Built-up size: 2,000 sq ft
• Land size: 1,400 sq ft
• Semi-furnished
• Nearby amenities: Upcoming Setiawangsa MRT Station, schools, Bukit Dinding hiking trails, F&B outlets, close to city center
• Accessibility: DUKE Highway, Setiawangsa Pantai Expressway (SPE), MRR2

When: June 2023

Rohas Tecnic Bhd said a consortium led by the construction engineering group has secured a contract worth RM199.84 million under the Johor Bahru–Singapore Rapid Transit System Link  (RTS Link) project.