LBS Bina sells Johor Bahru land for RM110 million
Property developer LBS Bina Group Bhd’s indirect wholly owned subsidiary, Sinaran Restu Sdn Bhd (SRSB), is selling two parcels of land in Johor Bahru for RM110 million cash to Asiana Square Sdn Bhd.
Property developer LBS Bina Group Bhd’s indirect wholly owned subsidiary, Sinaran Restu Sdn Bhd (SRSB), is selling two parcels of land in Johor Bahru for RM110 million cash to Asiana Square Sdn Bhd.
Kerjaya Prospek Group Bhd has secured two construction contracts totaling RM197.7 million. Its subsidiary, Permatang Bakti Sdn Bhd, will build a RM100.2 million, 39-storey apartment in Shah Alam, while Kerjaya Prospek (M) Sdn Bhd will construct five canal bridges on Andaman Island, Penang, worth RM97.5 million.
The Central Region Industrial Cluster Development Initiative aims to strengthen industrial ecosystems by deepening supply chains and supporting the growth of local enterprises, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Low Yat Group yesterday launched Armanee @ Bandar Tasik Puteri (BTP), the latest residential phase within its established 2,670-acre township in Rawang.
Johor recorded the strongest property price growth in the third quarter of 2025 (3Q2025), driven by notable increases in both serviced apartment and landed home values compared with 2024.
Sime Darby Property Bhd and SD Guthrie Bhd have agreed to develop a next-generation industrial and logistics hub within a 3,000 acre master development plan in Kuala Selangor, Selangor, through a 50:50 joint venture.
Malaysia has launched the Advanced Chip Testing Centre at CoPlace 9 in Cyberjaya, with the opening of the Malaysia Semiconductor IC Design Park 2 (IC Park 2).
The Ministry of Housing and Local Government (KPKT) has undertaken price mapping of affordable homes based on median income levels by state and district, using data from the 2022 Household Income and Basic Amenities Survey Report.
Semenyih, once regarded as a quiet town on the outskirts of Selangor, has transformed into one of Greater Kuala Lumpur’s most dynamic growth corridors. Over the years, it has attracted higher-income households, professionals, and investors to its balance of quality living and value-for-money properties.
Export-Import Bank of Malaysia Bhd (EXIM Bank) has extended a US$70 million Islamic Overseas Investment Financing facility to Berjaya Okinawa Investment (S) Pte Ltd, a wholly owned subsidiary of Berjaya Land Bhd, to support the development of the prestigious Four Seasons Resort & Private Residences Okinawa, Japan (Four Seasons Okinawa).