News by Chelsea J Lim

The new division will be headed by Haroon Anwar, who brings over 30 years of experience in international finance, investments, banking and leadership roles.

Boutique property developer Asia Quest Holdings Sdn Bhd has announced a 97% take-up for the first block (Block A) of its latest Kiaramas deDaun condominium development in Mont'Kiara, Kuala Lumpur.

The hotel is situated on Jalan Puchong, Kuala Lumpur, and is part of the 5.2-acre (2.1-hectare) Bloomsvale @ OKR mixed development by Kerjaya Prospek Property Bhd.

Iskandar Investment Bhd (IIB), the master developer of Iskandar Puteri, has partnered with TM-Nxera via River Retreat Sdn Bhd to develop a digital infrastructure with an approximate investment value of RM9 billion at Medini, Iskandar Puteri, Johor.

Avaland Bhd (KL:AVALAND) has topped out Sanderling condominium, which has a 90% take-up rate, according to a press statement on Tuesday (June 4).

Ehsan Bina Group has formed a partnership through a Memorandum of Understanding (MOU) with Maybank Islamic Bhd to extend a financing programme called HouzKEY to buyers of ForestHill Residences, a high-rise residential project located in Damansara Perdana, Selangor.

The Construction Research Institute of Malaysia (CREAM), a research institute by the Construction Industry Development Board of Malaysia (CIDB), has entered into a collaboration with fly ash supplier ACE Greencemt Sdn Bhd through a memorandum of agreement (MOA) to conduct a study, specifically on fly ash, to promote green concrete for a sustainable construction industry.

NCT Group of Companies will develop a 127-acre piece of commercial and industrial land into an industrial park at Delapan Special Border Economic Zone (SBEZ) in Bukit Kayu Hitam, Kedah after signing a joint development agreement (JDA) with Northern Gateway Group of Companies, a wholly-owned subsidiary of Ministry of Finance Inc, according to a press statement on May 15.

SAMA Square, a commercial development by SkyWorld Development Bhd (KL:SKYWLD), has received up to 10,000 visitors since its pre-opening on May 11. SAMA Square is located within the 42-acre SkySanctuary township in Setapak, Kuala Lumpur.

IJM Land Bhd has achieved 55% take-up rate for serviced apartment Daffodil Residency since its launch on March 1, according to a press statement on May 7.