News by EDGEPROP.MY

SkyWorld Development Bhd has broken ground on SkySOLIS, its first residential development outside Malaysia, marking its entry into the Vietnam property market under its SkyWorld 2040 long-term strategic plan.

Penang-based PTL Properties has opened the sales gallery for The Rimbun, a 664-unit freehold townhouse development in Bukit Mertajam, Penang, where indicative prices start from RM400,000.

Paragon Globe Bhd (PGB), via its wholly owned subsidiary PGB Gardens Sdn Bhd (PGSB), has proposed to acquire a combined 841/1,000 undivided beneficial interest in a freehold land parcel in Sedenak, Kulai, Johor for RM141.14 million, as the group explores an integrated industrial park development with an estimated gross development value (GDV) of RM1.69 billion.

Lagenda Properties Bhd has proposed to inject its construction business into Epicon Bhd via the disposal of 60% stakes in two wholly owned construction subsidiaries for RM543.16 million, in a related party transaction that will result in Epicon becoming a 62.79%-owned subsidiary of Lagenda upon completion.

Architecture is a rare art that turns vision into form; and at its boldest, it compels us to look beyond the confines of our imagination to redefine the realm of possibilities.

Malaysia’s strata system may look well built on paper, but on the ground, cracks are showing in awareness, enforcement, financing, and ageing infrastructure — raising questions about how effectively it really works in practice.

Ng said Malaysia's housing policies have helped expand homeownership over the years, but need to evolve to reflect changing demographics, household structures and income distribution.

The proposed 7.56-acre bakery site sits within the Kota Samarahan Industrial Park. 

The final dividend, which was announced on February 27 and approved by shareholders at its annual general meeting on May 26 will be subject to the existing DRP, which applies to the entire final dividend.

Tanco said its 79%-owned subsidiary Midports Holdings Sdn Bhd had received the Certificate of Approval from MPPD on July 10.