YouthFest 2025: ‘Dear KL, we need to talk’
A sense of belonging is important for youths, especially in urban areas where many are seeking to define themselves. However, are we doing enough to promote the well-being of youths in our cities?
I-Bhd 1Q profit doubles to RM9.96m on strong property gains
I-Bhd posted a net profit of RM9.96 million for the quarter ended March 31, 2025 (1QFY25), more than double the RM4.07 million recorded a year ago, driven by stronger earnings from its property development and investment segments.
Ivory Properties sells Birch House for RM18 mil to ENS Timah
Practice Note 17 (PN17) company Ivory Properties Group Bhd has signed a deal to sell a heritage commercial building known as The Birch House in George Town, Penang, for RM18 million with ENS Timah Sdn Bhd.
Jalan Balau Damansara Heights bungalow sold for RM 7.5m | DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 4,000 sq ft
- 5 bedrooms, 4 bathrooms
- Unfurnished
- Nearby amenities: Pavilion Damansara Heights, HELP University, Universiti Malaya Medical Centre, Kuala Lumpur Golf Country and Club
- Accessibility: SPRINT-Damansara and Penchala Links, North-South Expressway, Jalan Duta
When: January 2025
Abandoned housing: Rehda Institute advocates tiered developer licensing
The Real Estate and Housing Developers' Association Malaysia (Rehda) Institute has called on the government to introduce a “Tiered Developer Classification System” as part of the licensing process to help curb abandoned housing problems.
PLB Engineering sells Penang land below valuation for RM48m
PLB Engineering Bhd’s wholly-owned subsidiary, PLB Land Sdn Bhd, is selling several land parcels in Tasik Gelugor, Penang for RM48 million, which is RM12.8 million below its valuation price.
Exsim Hospitality wins RM17.2m interior fit-out contract
Exsim Hospitality’s wholly-owned subsidiary, Exsim Concepto Sdn Bhd, has secured a RM17.2-million contract for interior fit-out works in apartment units.
MN Holdings JV bags RM50m data centre works in Peninsular Malaysia
MN Holdings Bhd’s wholly-owned subsidiary Mutu Nusantara Sdn Bhd, together with Protech Builders Sdn Bhd, has secured a RM49.99-million contract for a data centre project in Peninsular Malaysia.
Gamuda sells Port Dickson land, secures RM1b data centre works
Gamuda Bhd’s wholly-owned indirect subsidiary Gamuda DC Infrastructure Sdn Bhd (Gamuda DCI) is selling approximately 389 acres of industrial land in Port Dickson, Negeri Sembilan to Pearl Computing Malaysia for RM455.23 million.
Next phase of Battersea Power Station development to progress following planning consent
Battersea Power Station is to bring forward a new phase of residential, retail, community and leisure development having secured detailed planning approval from Wandsworth Council, completing Electric Boulevard, London’s newest high street.
