ECM Libra secures up to RM130m banking facilities for Desaru beachfront hotel
The project will be developed on a parcel of leasehold commercial land owned by DB2SB in Mukim Pantai Timur, Kota Tinggi, Johor.
PRG unit seeks to wind up Picasso Residence developer over RM64.24m debt, faces separate subcontractor petition
The RM64.24 million claim relates to contractual sums for works awarded to and completed by PCI, which were certified by the project architect.
MUI Properties to dispose of Springhill industrial land for RM18.73m
The land has an audited net book value of RM4.36 million as at June 30, 2025, while its original acquisition cost in 1995 was RM497,902.
Marriott International, Iconic Group ink agreement to launch Courtyard by Marriott on Penang mainland
Marriott International Inc and Iconic Group have signed an agreement to introduce the Courtyard by Marriott brand to Penang mainland through the rebranding of the existing Iconic Hotel Penang into Courtyard by Marriott Penang Icon City.
Sunway-led JV wins RM6.74 bil Bayshore Drive mixed-use site in Singapore
Sunway Bhd said its 30%-owned joint ventures have secured a parcel of land at Bayshore Drive, Singapore, for S$2.128 billion (approximately RM6.74 billion) under a 99-year lease, following a successful tender under Singapore’s Government Land Sales (GLS) programme.
High Court says court auction buyers not automatically liable for previous owners' strata arrears
Buyers of strata properties acquired through court-ordered auctions are not, in this case, automatically liable for maintenance charges and sinking fund arrears left by previous owners, the High Court ruled in a recent judgment, offering judicial guidance on the scope of liability under the Strata Management Act 2013.
JLL: Chinese firms’ overseas drive is outpacing their corporate real estate strategy
Chinese companies’ global push is forcing a rethink of how they manage bricks and mortar.
Tropicana introduces SouthPlace 2 Shoppes at Tropicana Metropark
Tropicana Corp Bhd has introduced SouthPlace 2 Shoppes, a retail component within its 88-acre Tropicana Metropark township in Subang Jaya.
Radium marks Vista Adesa topping-out, targets 2Q2027 completion
Radium Development Bhd has marked the structural completion of Vista Adesa, its 1,218-unit Residensi Wilayah project in Sungai Besi, Kuala Lumpur, with a topping-out ceremony, as the development remains on track for completion in the second quarter of 2027.
S P Setia launches Aurora II double-storey homes in Setia Bayuemas South, Klang
The July 18 launch follows the commendable sales for Aurora I, which was introduced in February.
