Pharmaniaga unit to acquire RM30m industrial property in Penang
Under the SPA, Pharmaniaga Logistics has already paid a 10% deposit of RM3 million, with the remaining RM27 million to be settled in installments as stipulated in the agreement.
Under the SPA, Pharmaniaga Logistics has already paid a 10% deposit of RM3 million, with the remaining RM27 million to be settled in installments as stipulated in the agreement.
MPI said the acquisition will deepen collaboration with Infineon, its key customer, and expand its semiconductor assembly and testing capacity.
Distinctively built to complement its picturesque surroundings, Park Regent is a carefully crafted luxury condominium project situated on the precious parcel next to the Central Park and Central Lake of the international award-winning township of Desa ParkCity in Kuala Lumpur.
Phase 1 will see BYD as the anchor investor at KLK TechPark with a 150-acre facility.
Serai Bukit Bandaraya, Kuala Lumpur condo unit sold for RM8.
The call follows the release of the National Property Information Centre’s market snapshot for the first half of 2025 (1H2025), which highlighted weak absorption of new residential launches and a growing overhang in the high-rise segment.
Napic Property Market Report 2024 shows a strong rebound in both the volume and value of property transactions since the outbreak of the Covid-19 pandemic, but increases in property transaction volume and value may not necessarily indicate a good market sentiment.
Scheduled for launch in November 2025, the 28-storey Novva Nexus office tower has a gross development value of RM129 million.
Nexus Industrial Hub is a freehold light industrial development located in Jawi, Nibong Tebal, Penang, within proximity to Sungai Bakap and the thriving Batu Kawan Industrial Park.
This year’s IGBC introduced the Academia Participation Sponsorship Programme (APSP), which enabled more than 100 students and lecturers from 12 universities nationwide to attend, supported by RM100,000 in industry sponsorships.