News by EdgeProp.my

Setia Awan has signed a Memorandum of Understanding (MoU) with seven retail and F&B brands to anchor Avenue F in Bukit Ampang Permai, marking a key step in its township development strategy.

It is termed a bungalow — but it’s not just any standard bungalow. Situated in a vibrant Kuala Lumpur suburb, the expansive 15,000 sq ft residence sitting on two plots totalling a massive 20,000 sq ft is more like a mansion.

As congestion within urban confines drives the search for vertical living, landed homes will soon become an increasingly rare commodity. For industry veteran Datuk Jeffrey Ng Tiong Lip, founder and director of boutique developer Urban Hallmark Properties Sdn Bhd (UHP), this shift signals a new era for landed living in and around Kuala Lumpur, elevating it further up the lifestyle value chain.

Paramount Corp Bhd maintained stable first-quarter earnings for the period ended March 31, 2026, supported by resilient property contributions and a sizeable unbilled sales pipeline, despite lower revenue amid a more measured launch strategy and softer market conditions.

MKH Bhd posted a 58% jump in net profit for its second quarter ended March 31, 2026, despite a sharp decline in revenue, as a one-off disposal gain from its China furniture business offset weaker contributions from its property development and plantation segments.

The Real Estate and Housing Developers' Association (Rehda) Wilayah Persekutuan (Kuala Lumpur) has elected a new branch committee for the 2026–2028 term following its Annual General Meeting (AGM) held yesterday, at Wisma Rehda in Petaling Jaya.

Tropicana Corp Bhd has launched its Live+ campaign, an enhanced e-lucky draw programme offering homeownership incentives and prize offerings across selected developments nationwide.

DRB-HICOM Bhd's property segment recorded a 70.2% decline in revenue to RM13.89 million in the first quarter ended March 31, 2026 (1Q2026), from RM46.64 million a year earlier, due to lower contributions from property development and construction activities.

Chin Hin Group Property Bhd (CHGP) reported a stronger set of results for the first quarter ended March 31, 2026 (1QFY26), underpinned by steady construction progress, disciplined execution and robust operating cash flow generation.

Selangor is intensifying efforts to reinforce its position as Malaysia's leading industrial and investment hub through a series of strategic initiatives aimed at accelerating industrial park development, enhancing investor facilitation and improving the ease of doing business.