IKON @ Centrio begins handover in Seremban 2
IJM Land, the property division of IJM Corporation Bhd (KL:IJM), has commenced the handover of commercial units at IKON @ Centrio in Seremban 2. The handover will be carried out in phases.
Magma completes RM380 mil capital reduction exercise
Magma Group Bhd (KL:MAGMA), whose shares have risen over 77% year-to-date, has completed its RM379.81 million capital reduction exercise.
Trans-Borneo Railway feasibility study to conclude by 3Q2026—Loke
The feasibility study for the high-speed rail network connecting Sabah, Sarawak, Brunei, and Kalimantan, Indonesia—dubbed the Trans-Borneo Railway project—is expected to be concluded by the third quarter of 2026, Transport Minister Anthony Loke Siew Fook said.
Verticas Residensi, Bukit Ceylon, Kuala Lumpur condo sold for RM950k | DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 1,506 sq ft
- Floor location: High rise
- 2 bedrooms, 2 bathrooms
- Fully-furnished
- Nearby amenities: Pavilion KL, Fahrenheit88, Kuala Lumpur Eco Park, Tzu Chi University Continuing Education Centre, Pudu Specialist Centre
- Accessibility: SILK, Cheras–Kajang Expressway, Jalan Sultan Ismail, Jalan Raja Chulan
When: April 2025
Semantan Estate’s stay application fixed for hearing on Aug 29 at apex court
The Federal Court has fixed Aug 29 to hear Semantan Estate (1952) Sdn Bhd’s stay application on the Court of Appeal’s decision in June that had ordered for the case to be sent back to the High Court for valuation of compensation of the 1956 “trespass” acquisition of the prime land in Kuala Lumpur.
PIAM urges fire insurance awareness after Pantai Dalam blaze
Persatuan Insurans Am Malaysia (PIAM) has reminded Malaysians of the importance of fire insurance following a fire in Pantai Dalam, Kuala Lumpur that destroyed several homes and businesses on Aug 7.
MGB clinches RM186 mil apartment construction job in Johor
MGB Bhd (KL:MGB) said it clinched an RM185.99 million contract on Tuesday to develop serviced apartments in Iskandar Puteri, Johor.
Seksyen 2, Shah Alam, Selangor bungalow sold for RM3.5m | DONE DEAL
Noteworthy:
- Leasehold
- Built-up size: 7,500 sq ft
- Land size: 9,800 sq ft
- 9 bedrooms, 6 bathrooms
- Semi-furnished
- Nearby amenities: Plaza Alam Sentral, SACC Mall, Poliklinik Komuniti Shah Alam, KPJ Healthcare Selangor, Darul Ehsan Medical Centre, Salam Medical Centre
- Accessibility: Federal Highway, Kesas (Shah Alam Expressway), NKVE, GCE, ELITE, Shah Alam KTM Komuter Station, Raja Muda LRT Station
When: June 2025
Classita unit sues Koperasi Felcra for RM9m over Perak housing project
The RM69.04 million project, known as Kampung Tersusun Generasi Kedua Felcra Seberang Perak, was awarded to Caely-M in 2013 and completed on Oct 3, 2022.
GDB Holdings set for breakthrough year, Apex Securities says in initiating ‘buy’ call
Net profit after excluding one-off items at the construction services firm will jump to RM86.9 million in 2025.
