ECRL fare structure to be finalised by year-end, says Loke
The fare structure for Malaysia’s East Coast Rail Link (ECRL) is expected to be finalised by the end of this year, Transport Minister Anthony Loke said.
Vestland terminates three Selangor affordable housing contracts worth RM550.7m
Vestland Bhd (KL:VLB) said it will not proceed with three Selangor affordable housing projects worth a total of up to RM550.69 million secured in 2022 from Splendid Forte Development Sdn Bhd.
SC Estate Builder to buy 25% stake in non-operational hotel for RM18.79m from chairman’s mother
Construction outfit SC Estate Builder Bhd (KL:SCBUILD) has formalised an agreement to acquire a 25% equity interest in a non-operational hotel in Alor Setar for RM18.79 million from chairman Loh Boon Ginn’s mother in its push into property investment.
Sunway unit plans RM10b sukuk wakalah to fund working capital, debt refinancing
Sunway Bhd (KL:SUNWAY) said on Thursday that its unit has proposed a sukuk wakalah programme of up to RM10 billion to fund working capital and refinancing of borrowings.
Sunway unit plans RM10b sukuk wakalah to fund working capital, debt refinancing
Sunway Bhd (KL:SUNWAY) said on Thursday that its unit has proposed a sukuk wakalah programme of up to RM10 billion to fund working capital and refinancing of borrowings.
Kuala Lumpur office glut could worsen, property report warns
The office market in the capital city could face further pressure with the incoming supply of nearly six million square feet of new space, a property report warned.
Consultant warns of speculation risks in red-hot Johor property market
The Johor property market is booming thanks to projects like the Rapid Transit System (RTS) Link and the Johor-Singapore Special Economic Zone (JS-SEZ), but there are risks of over-speculation beyond the areas directly benefiting from them, according to a consultant.
Paramount to acquire 2.62-acre freehold land in Putrajaya for RM40 mil, plans RM323 mil project
Paramount Corporation Bhd (KL:PARAMON) said it is acquiring a 2.62-acre parcel of freehold land in Putrajaya for RM40 million and plans to develop a residential project with an estimated gross development value (GDV) of RM323 million on the site.
Tien Wah, Singapore-listed Lum Chang JV to develop data centre in Section 13, Petaling Jaya
Tien Wah Press Holdings Bhd (KL:TIENWAH) said on Wednesday (Jan 7) that its joint venture with Singapore-listed Lum Chang Holdings Ltd is entering the data centre business to tap into growing demand for such infrastructure.
Axis REIT expands Johor footprint with RM34.6 mil industrial acquisition in Senai
Axis Real Estate Investment Trust (KL:AXREIT) said on Wednesday (Dec 31) it is acquiring an industrial property in Senai, Johor, for RM34.6 million.
