Indonesia-based logistic firm J&T Express announced that it has acquired 30 acres of land in Bandar Rimbayu, Selangor for RM600 million.

Glomac Bhd's hillside double-storey terraced house project, Ruma 33 has been fully taken up in less than three months since its launch in December 2021, said the developer in a media statement on June 7.

Sarawak Consolidated Industries Bhd (SCIB) has bagged an engineering, procurement, construction and commissioning (EPCC) contract worth RM30.75 million

CapitaLand Malaysia Trust has proposed to buy industrial properties in Penang from Dynaciate Group Bhd for RM80 million to venture into the logistics sector.

Noteworthy:

• Freehold

• Built-up: 3,000 sq ft

• Land size: 1,540 sq ft 

• Unfurnished

• Amenities: Close proximity to educational institutions, supermarkets and Shah Alam stadium

• Accessibility: Federal Highway, New Klang Valley Expressway (NKVE), Guthrie Corridor Highway, Shah Alam Expressway (KESAS) and Jalan Lapangan Terbang Subang; and close to Batu Tiga KTM station

When: January 2022

The partnership seeks to explore ways to address the rising cost of building materials as well as leverage existing platforms in areas of marketing, branding and innovation, said the developer in a media statement today.

The Residensi Idaman Selangorku is a project by PKNS to support the National Affordable Housing Policy.

According to The Edge City & Country in Dec 2021, there were plans to redevelop Plaza OUG into a 6-storey shopping complex with a mezzanine floor, a 30-storey hotel with 312 rooms and a 41-storey serviced apartment with 361 units.

Integrated industrial space solutions provider AME Elite Consortium Bhd continues to attract foreign direct investment (FDI) with its latest addition, Nasdaq-listed medical device giant Insulet Corp.

The second phase of Penang-based developer Ideal Property Group’s Queens Waterfront called Queens Residences Q2 in Bayan Lepas has been completed ahead of schedule.