News by Halim Yaacob

The disposal was for a property in Seremban measuring 437,876 sq ft, together with a purpose-built single-storey retail complex with a mezzanine floor.

The package comprises the construction and completion of six residential buildings, each with 11 levels, on Plots C54 and C55, together with one common basement.

Sime Darby Property Bhd (SD Property) has accepted a binding letter of offer to acquire Wisma Unirazak, a freehold 15-storey office building with one level of basement carpark along Jalan Tun Razak in Kuala Lumpur, for RM160 million.

Data centre operator DayOne Data Centers has been linked to a coordinated land acquisition in Kapar, Klang involving adjoining industrial parcels worth a combined RM687.89 million, underscoring continued competition for large industrial sites in Selangor.

Ascott has launched HARRIS Hotel & Conventions Sunshine Penang, introducing the HARRIS brand to Malaysia and adding hotel and conventions capacity to Malaysia’s hospitality market.

On paper, most final-year students already look “ready” for the job market: degrees, internships, co-curriculars and LinkedIn profiles in place. In practice, the gap between academic readiness and industry reality is still wide enough that the property sector is now building its own talent pipeline to bridge it."

Sapura Industrial Bhd (SIB) has signed a sale and purchase agreement (SPA) to dispose of two adjoining leasehold industrial land parcels in Bandar Baru Bangi, Selangor, for a total cash consideration of RM42.33 million, in line with the group’s move to realise capital appreciation from long‑held properties and redeploy funds into its core operations.

SC Estate Builder Bhd has applied to Bursa Malaysia Securities for an extension of time to submit a combined circular to shareholders on six proposals, including its planned diversification into property investment and renewable energy.

Nestcon Bhd has obtained shareholder approval for its proposed acquisition of three land parcels in Iskandar Puteri, Johor, and for the group’s diversification into property development, with both ordinary resolutions passed at its extraordinary general meeting (EGM).

Malvest Group has entered into a strategic partnership with Koperasi Orang Kota Bharu Bhd (COOP OKB) through the signing of a memorandum of understanding (MoU) to provide greater access to quality homeownership for cooperative members, while encouraging more Kelantanese to invest in their home state.