News by EDGEPROP.MY

S P Setia Bhd broke ground on its 509-acre Setia Fontaines Industrial Park in Bertam, Kepala Batas in Penang on June 20, in a ceremony attended by Prime Minister Datuk Seri Anwar Ibrahim and Penang Chief Minister Chow Kon Yeow.

Chin Hin Group Property Bhd (KL:CHGP) has previewed its first industrial development, The NeX, a nine-storey project located on a four-acre parcel along Jalan Teknologi in Kota Damansara.

Situated along Jalan Binjai and Persiaran KLCC, The Binjai on the Park sits strategically in the nexus of the Kuala Lumpur city centre and its surrounding lifestyle amenities.

Kuala Lumpur’s historic core is often framed as a heritage district, but on the ground it operates more like a continuously running urban system where religious institutions remain functional, and pre-war shophouses and colonial-era buildings remain economically active through adaptive reuse, long-term tenancy, and layered commercial survival.

Eastern & Oriental Bhd (E&O) has proposed the establishment of a multidisciplinary tertiary private hospital at Andaman Island in Penang, forming a strategic component of the 760-acre township's integrated master plan.

Kerjaya Prospek Group Bhd (KPGB), together with its subsidiaries (the “KPGB Group”), has completed its previously announced investment in Aspen Vision Land Sdn Bhd (AVL) and separately moved to acquire full control of Tanjung Bungah Development Sdn Bhd (TBD), in relation to its equity interests linked to Aspen (Group) Holdings Ltd in Penang.

Setia Awan's Sena Residences in Seksyen 14, Shah Alam has hit near-full take-up on its first two towers, prompting the developer to accelerate the release of 1,102 additional units.

Crescendo Corp Bhd's proposed RM200.88 million disposal of vacant industrial land in Kota Tinggi, Johor has been extended for a further month after the vendor and purchaser signed an addendum to their sale and purchase agreement.

PRG Holdings Bhd said its board has terminated a proposed debt settlement involving a related-party transaction and has initiated the process of appointing an independent reviewer, according to a media statement released via Bursa Malaysia yesterday.

SkyWorld Development Bhd secured a World Silver Award at the 2026 FIABCI World Prix d'Excellence Awards in Vienna, Austria last week, with the recognition going to its SkyAwani 5 Residences project in the Affordable Housing category.