News by Edgeprop.my

UEM Sunrise Bhd has secured an institutional investor for its A$315.4 million (approximately RM903.3 million) build-to-rent development in Collingwood, Melbourne, formalising a partnership with Australian living-sector specialist Kio Investment Management (Kio) at a signing ceremony in Melbourne earlier today.

Gabungan AQRS Bhd has executed a new joint venture agreement (JVA) with landowner Rising Charm Sdn Bhd to supersede the original December 2025 agreement for an integrated commercial development in Bangi, Selangor, with the key revision restructuring how and when the landowner receives its unit entitlement from the project.

Hextar Technologies Solutions Bhd (HexTech) and Widad Group Bhd have permanently terminated their proposed disposal of vacant freehold industrial land in Nilai, Negeri Sembilan, with both parties releasing each other from all further obligations — and this time with no stated intention to renegotiate.

Around midday, the commercial streets along Jalan Wangsa Delima move at a steady pace. Rows of old shoplots line the road, while high-rise apartments and condominiums rise behind them, reflecting the residential density that defines much of Wangsa Maju.

Malaysia Rapid Transit Corp Sdn Bhd (MRT Corp) and IJM Land Bhd have unveiled The Linque, a transit-oriented development (TOD) with an estimated gross development value of around RM600 million directly integrated with Cochrane MRT Station, marking MRT Corp's first TOD initiative in the Klang Valley.

Main Market-listed construction group Kerjaya Prospek Group Bhd has secured a RM529.32 million building contract for a residential development in Taman Duta, Bukit Tunku.

ACE Market-listed construction and renewable energy group Nestcon Bhd is making its foray into property development through the proposed acquisition of three parcels of freehold land in Iskandar Puteri, Johor Bahru, for a total cash consideration of RM95 million.

Klang has emerged as one of Malaysia’s leading industrial and logistics corridors, with Bandar Bukit Raja increasingly positioned as a key growth area within the broader Klang ecosystem.

Tropicana Metropark has contributed RM5 million towards the construction of the Taman Batu Tiga Mosque in Subang Jaya, as part of Tropicana Corp Bhd’s wider ESG and community-building initiatives at its 88-acre integrated township.

The abandoned blocks of the Highland Towers condominium in Hulu Kelang will be demolished before the end of the year, after a Magistrates’ Court decision allowed the Ampang Jaya Municipal Council (MPAJ) to proceed with the action.