Iconic Group opens Penang’s first GBI Gold-standard hotel
The five-star hotel offers 298 rooms and was designed in collaboration with Hirsch Bedner Associates, incorporating Baba-Nyonya-inspired aesthetics.
Kerjaya Prospek wins first job in 2025 — RM256m contract in Shah Alam for E&O’s unit
Kerjaya Prospek said the scope of the project, clinched through its wholly owned subsidiary Kerjaya Prospek (M) Sdn Bhd, includes the construction of 360 units of three-storey terrace houses, alongside a clubhouse, landscaping works, and other related infrastructure.
Glomac says broken retention pond not within its township
The developer said although the pond’s water did overflow into a small area of its township, “most part of Bandar Saujana Utama remains largely unaffected”.
Binastra may be preferred contractor for property projects worth RM10b, Mercury starts coverage on 'buy'
Relationships with key clients Exsim Development Sdn Bhd, Platinum Victory Sdn Bhd and Maxim Global Bhd, which stretches over five years, could yield potential contracts worth some RM4.
Keppel DC REIT divests Basis Bay Data Centre in Cyberjaya at 2.6% above valuation
Keppel DC REIT’s subsidiary Basis Bay Capital Management entered into a sale and purchase agreement on Dec 31, 2024 with Basis Bay Services MSC, an unrelated third party that is also the current master lessee and facility manager of the property.
Property stocks may see rising valuations as investors watch for recurring income, says RHB IB
In particular, developers with growing recurring income and investment portfolios may see rising investor interest, the research house said in a sector note.
Ho Chi Minh City: A learning ground for Rehda Institute and Malaysian real estate ventures
The recent Asia Real Estate Leaders study trip revealed multi-faceted insights into the Vietnam property landscape, giving a clearer picture on how opportunities could be gleaned amidst challenges including local demand, bureaucratic red tapes and indefinite legislations.
Redevelopment can be helmed by owners themselves without URA’s decree
Homeowners should have the freedom to decide on how to redevelop their housing schemes through "self-help" initiatives without being bound by the proposed draconian Urban Redevelopment Act.
Sunway REIT completes Kluang Mall acquisition
The mall, now rebranded as Sunway Kluang Mall, is nearly fully occupied with over 130 tenants and anchored by Pacific Hypermarket & Department Store.
Ecobuilt faces trading suspension from Jan 9 after failing to submit annual report
The group may also face the risk of delisting if it fails to issue outstanding financial statements within six months of the deadline.
