News by Edgeprop.my

For many Malaysians, engaging a real estate agent is a familiar part of adulthood, whether for renting, buying, selling or investing in property.

Varia Bhd said its indirect wholly owned subsidiary Varia Southrise Sdn Bhd has entered into a collaboration agreement with Seri Alam Properties Sdn Bhd to jointly undertake the development of a freehold residential parcel in Bandar Seri Alam, Johor Bahru, comprising a proposed 645-unit stratified housing project with an estimated gross development value (GDV) of about RM250 million.

The proposed acquisition by Enrich Horizon Sdn Bhd (EHSB) of two parcels of leasehold land measuring about 859,897 sq ft in Mukim Plentong, Daerah Johor Bahru, Johor, was completed yesterday. 

Monterra is scheduled for completion in 2030 and is expected to add new residential, retail and commercial offerings to the Tebrau corridor.

Urban Hallmark Properties founder Datuk Jeffrey Ng said the company deliberately reduced the number of units from the 108 units permitted under local planning guidelines.

The group has entered into two “build and lease” agreements at Elmina Business Park with Pearl Computing Malaysia Sdn Bhd, a wholly-owned subsidiary of Singapore-based Raiden APAC Pte Ltd, in respect of hyperscale data centre developments. 

The fund supports the group’s SHIFT32 strategy to grow recurring income streams via investment yield and fee-based income. 

The acquisition from Maybank Trustees Bhd, acting as trustee for AmFIRST REIT, covers Menara AmBank together with related assets and rights, including existing tenancies, licences, operational assets, and essential contracts. 

Radium Development Bhd has unveiled The Face Chancery Hotel, the hospitality component of its Chancery Ampang mixed-use development, marking the group’s first venture into the hotel sector.

Chin Hin Group Bhd has been steadily accumulating shares in two of its listed subsidiaries — Ajiya Bhd and Chin Hin Group Property Bhd — through a series of open and off-market transactions between late May and early June 2026, triggering simultaneous disclosure obligations in Bursa filings across both companies yesterday.