News by EdgeProp

Following the disposal, Berjaya Securities ceased to be a shareholder of Citaglobal.

The land carries a strategic location within the Bukit Raja growth corridor, and a market value of mixed-use properties in the surrounding area.

Both figures are subject to adjustment in accordance with the terms of the respective agreements.

Developed by wholly-owned subsidiary Propel Global Development Sdn Bhd, Riverpoint comprises 31 three-storey freehold shoplots with built-up areas starting from about 4,202 sq ft. 

The Housing and Local Government Ministry (KPKT) has channelled RM1.08 billion to Johor over the past four years since 2022 for upgrading, repair and maintenance works on infrastructure, public amenities and public housing.

Sime Darby Property Bhd's New Economy Venture (NEV) fund has established a Sukuk Wakalah Programme of up to RM2.6 billion in nominal value, the developer stated in a media release today, creating what it describes as the world's first Sukuk financing structure designed to fund data centre infrastructure.

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.