From satay to stats: The three layers of Kajang’s property market
Kajang may be Malaysia’s satay capital, but beyond the smoky skewers, the town’s property market serves up a more layered story.
Kajang may be Malaysia’s satay capital, but beyond the smoky skewers, the town’s property market serves up a more layered story.
Construction outfit SC Estate Builder Bhd’s wholly owned subsidiary, SC Estate Energy Sdn Bhd (SCEE), has entered into a joint venture (JV) agreement with Vanguard North Sdn Bhd to develop a mixed housing project on four parcels of land in Kubang Pasu, Kedah, with a gross development value (GDV) of RM663.36 million.
S P Setia Bhd attracted over 2,500 participants to its Setia4Malaysia Unity Run 2025 on Sept 7 and the Setia4Malaysia Unity Fest 2025 on Sept 6 and 7.
Taghill Holdings Bhd (KL:TAGHILL), formerly known as Siab Holdings Bhd, has secured an adjudication decision in favour of its wholly-owned subsidiary Taghill Projects Sdn Bhd in a dispute with property developer Dreamlike Development Sdn Bhd over unpaid construction works.
Sunway Group is paying S$738.7 million (RM2.4 billion) deal to buy the Singaporean and Malaysian residential development business MCL Land from Hongkong Land Holdings.
Land & General Bhd (KL:L&G) plans to launch its maiden industrial park at its 2,500-acre Sungai Jernih Estate in Kerling, Hulu Selangor next year, with the development expected to span over a decade.
Noteworthy:
When: May 2025
Malaysian Pacific Industries Bhd (KL:MPI) plans to acquire Infineon Technologies (Thailand) Ltd for US$77.95 million (RM327.56 million) to strengthen ties with its customer, Infineon Technologies AG.
Toh Puan Na’imah Abdul Khalid has hit back at the Malaysian Anti-Corruption Commission (MACC) for forcing Ilham Baru Sdn Bhd and Ilham Tower Sdn Bhd’s company secretary to hand over documents.
Property developer Magna Prima Bhd’s (KL:MAGNA) largest shareholders, Datuk Seri Bryan Wong Sze Chien and managing director Eddy Seah Ley Hong, have triggered a conditional mandatory takeover offer at 73 sen per share after their stake in the company rose to 35.73%.