StashAway surpasses RM1b in assets under management
Digital investment platform StashAway Malaysia has surpassed the RM1 billion mark in assets under management (AUM) as of 2023, about five years since its inception in 2018.
Neighbourhood Lens: Landed homes in Bandar Tun Razak for under RM600,000
Bandar Tun Razak — located in the district of Cheras, Kuala Lumpur — is just a 20-minute drive from the city centre. The most recent population data for the 25 sq km-township states that it is home to 191,318 residents, as of 2020.
Teladan books record revenue in 3QFY2024; quarterly profit nearly flat
Melaka-based property developer Teladan Group Bhd's (KL:TELADAN) revenue expanded 17.7% to RM80.67 million — the highest since it was listed in March 2021 — for the financial quarter ended Sept 30 (3QFY2024) from RM68.56 million in the same quarter a year ago.
Binastra bags RM256.45 mil M&E job for Exsim's data centre in Bukit Jalil
Construction company Binastra Corp Bhd (KL:BNASTRA) has secured a contract worth RM256.45 million for mechanical and electrical (M&E) fit-out works of a data centre in Bukit Jalil, Kuala Lumpur.
Airbnb calls for fair and balanced regulations on Malaysia's short-term rental industry
Malaysia’s short-term rental accommodation (STRA) industry requires “fair and balanced” regulations to ensure its growth is not stifled while addressing concerns raised by traditional hotel operators, according to Airbnb.
Sime Darby Property integrates solar-powered Elmina Ridge landed homes with battery energy storage system
Sime Darby Property Bhd (KL:SIMEPROP) is integrating the solar-powered landed homes at its Elmina Ridge development in City of Elmina, Shah Alam, with the battery energy storage system (BESS).
Matrix Concepts’ Levia Residence condo in Cheras achieves 70% take-up, to have smart concierge services
Matrix Concepts Holdings Bhd’s (KL:MATRIX) Levia Residence condominium in Cheras has achieved a take-up rate of 70% since its official launch in January.
DONE DEAL: Shop, Aurora Place, Bukit Jalil, Kuala Lumpur
Noteworthy:
- Built-up size: 1,460 sq ft
- 1 room, 2 bathrooms
- Unfurnished
- Nearby amenities: Pavilion Bukit Jalil, Bukit Jalil Recreational Park, Bukit Jalil Golf & Country Resort, Columbia Asia Hospital - Bukit Jalil, National Stadium Bukit Jalil
- Accessibility: Lebuhraya Bukit Jalil, Kuala Lumpur-Seremban Expressway, KESAS, MEX, SUKE
October 2024
Malaysia’s first-ever auction carnival happening on Nov 21 in KL
The hybrid event offers a wide range of assets, including 200 properties, over 100 vehicles, and fine art.
Lagenda Properties, Epicon major shareholder Doh Tee Leong triggers takeover offer of Mercury Industries
Datuk Doh Tee Leong — via his investment vehicle Bright Meadow Sdn Bhd — acquired an aggregate 59.88% stake (38.5 million shares) in Mercury Industries from various vendors for RM34.65 million or 90 sen per share on Monday.
