Hektar REIT to buy 42 acres of land in Melaka for RM40m
Hektar Real Estate Investment Trust (KL:HEKTAR) said it has entered into a deal to buy two parcels of leasehold land in Melaka, totalling 41.8 acres, for RM40 million.
MRCB firms up deal to jointly develop RM6.25b GDV Ipoh Sentral
Malaysian Resources Corp Bhd (KL:MRCB) has firmed up the partnership to jointly develop Ipoh Sentral, a transit-oriented development project in the Perak capital with a gross development value of RM6.25 billion.
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SJCC East One—a landmark address in the heart of Subang Jaya city centre
Nestled within the city’s vibrant pulse, SJCC East One keeps you perpetually connected to a world of convenience that includes shopping, recreation, education and healthcare.
Bandar Mahkota Cheras, Selangor shop rented for RM6.2k | DONE DEAL
Noteworthy:
- Built-up size: 1,650 sq ft
- Land size: 1,650 sq ft
- 1 bathroom
- Unfurnished
- Nearby amenities: BMC Mall, Cheras Sentral Mall, Columbia International School, UTAR Sungai Long Campus, Sungai Long Specialist Hospital
- Accessibility: Cheras-Kajang Expressway, Grand Saga Highway, PLUS Highway, SILK Highway
When: February 2025
Ho Hup unit gets winding-up petition from IRB over RM24 mil tax arrears
Ho Hup Construction Company Bhd (KL:HOHUP) has been served with a winding-up petition by the Inland Revenue Board (IRB) over tax arrears amounting to RM23.72 million.
NexG acquires Petaling Jaya property for RM28.5 mil to boost production capacity
NexG Bhd (KL:NEXG), formerly known as Datasonic Group Bhd, is buying an industrial property in Petaling Jaya for RM28.5 million to boost production and efficiency for current and future projects. The move aims to bring research, design, and production under one roof, improving cost efficiency, quality control, and output.
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Avaland buys 3.2-acre KL land from Tan Chong for RM148m
Avaland Bhd (KL:AVALAND) has signed a deal to acquire a 3.194-acre parcel of land on Jalan Putra here from a unit of Tan Chong Motor Holdings Bhd (KL:TCHONG) for RM148.8 million, which it plans to develop into a mixed-use commercial project.
‘Duta enclave’ land dispute: Govt valuer says she relied on DBKL info on zoning, not ‘hope value’ of land
A government valuation property expert said that she relied on planning or zoning information gazetted by the Kuala Lumpur City Hall (DBKL), while the private valuer for the plaintiff of the "Duta enclave" land had made conjunctures on possible future development.
Beyond just yields: What is the rental trend for KL city centre today?
The Kuala Lumpur city centre (KLCC), being the heart of the nation’s capital city, has naturally drawn strong demand for its properties.
ERAT Residence achieves 20% take-up rate since March
Suntrack Development Sdn Bhd’s ERAT Residence, a condominium in Shah Alam, has achieved a 20% take-up rate since its soft launch in March.
