News by EdgeProp

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.

The tender for the Government Land Sale (GLS) site at River Valley Green (Parcel C) closed on June 18 with four bids, led by a joint venture between Sunway MCL and CSC Land Group.

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.

Bukit Jalil Sentral Property Sdn Bhd (BJSP), a wholly owned subsidiary of MRCB Land Sdn Bhd, which in turn is wholly owned by Malaysian Resources Corporation Bhd (MRCB), has signed a collaboration agreement with Perintis Akal Sdn Bhd (PASB) to develop an AI-ready data centre facility in Bukit Jalil with an estimated gross development cost of RM2.1 billion.

Paramount Corp Bhd's wholly owned subsidiary Meridian Kuasa Sdn Bhd has completed the acquisition of a 14,974 sq m (approximately 3.7 acres) freehold commercial plot off Jalan Ampang, Kuala Lumpur, after settling the balance purchase price of RM232.1 million on June 16, 2026.

Seremban and the wider Nilai corridor in Negeri Sembilan are increasingly being framed within a broader “conurbation of connectivity” narrative, where urbanisation is no longer defined by isolated city boundaries but by interconnected infrastructure, industrial clustering, and long-term regional integration.