News by EdgeProp

Fraser & Neave Holdings Bhd (F&NHB) has completed the disposal of its entire 50% interest in Vacaron Company Sdn Bhd to Tan & Tan Developments Bhd (TTDB) for an interim purchase consideration of RM181.61 million.

Compugates Holdings Bhd’s application for leave to appeal to the Federal Court in a dispute involving a proposed mixed development in Dengkil, Selangor, has been fixed for hearing on Dec 10.

Sarawak Consolidated Industries Bhd (SCIB) is proposing to acquire three leasehold industrial parcels in Kolombong, Kota Kinabalu, for RM15.2 million, while obtaining separate rights over an adjoining road-reserve parcel through a substituted power-of-attorney arrangement.

The second installment of the Malaysia Property Expo (Mapex) 2026 opened on Friday (Sept 4) with the government pushing for a greener and more data-led property sector, including proposed financial incentives for green buildings and a big-data tool aimed at better matching housing supply with demand.

What you buy may matter as much as where you buy in Sepang's industrial property market, where data show sharply different price tiers between link, semidee and detached factories, even within the same developments.

Shin Yang Group Bhd has agreed to acquire an 8.316ha (20.55-acre) leasehold industrial property in Kuching, Sarawak, for RM34 million from Forescom Plywood Sdn Bhd in a related-party transaction.

Gamuda Bhd, through a consortium comprising its Australian subsidiaries and MTR Corp (Australia) Pty Ltd, has secured an A$880 million (RM2.54 billion) design-and-construct contract for the future Parramatta metro station and associated infrastructure in Sydney.

AmFIRST Real Estate Investment Trust (AmFIRST REIT) is seeking unitholders’ approval to sell Menara AmBank in Kuala Lumpur to AmBank (M) Bhd for RM331 million cash, a transaction expected to lower its pro forma gearing to 33.94% from 46.60%.

Amari Kuala Lumpur has been inducted into the Luxury Lifestyle Awards Hall of Fame, adding to a series of international recognitions received by the hotel between 2023 and 2026.   

Kerjaya Prospek Group Bhd has secured an RM858 million contract for mechanical, electrical and plumbing (MEP) fit-out works at a data-centre development in Iskandar Puteri, Johor.