News by M

Real estate industry experts highlighted that the need for old building refurbishment and modernisation is dire, as about two-thirds of Malaysia’s existing old buildings that no longer meet current building codes, energy efficiency, and safety regulations, will still be used until 2050.

Builder Haily Group Bhd (KL:HAILY) has secured a RM76.65 million contract to construct 171 units of link houses in Kempas Baru, Johor Bahru.

A total of RM162 billion in digital investments were approved between 2021 and the first quarter of 2024 (1Q2024), with the largest share or 76% coming from data centre investments, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

AmanahRaya Real Estate Investment Trust (KL:ARREIT) said on Thursday that it has signed a long-term tenancy agreement with Alfa International College Sdn Bhd for its property in Subang Jaya.

IJM Land Bhd’s landed residential development — Nova, which is part of its 3,800-acre Seremban 2 township, has been 70% taken up since it was launched on June 29, according to a press statement on Thursday.

One of the main challenges to timely registrations of strata titles is unresolved issues regarding land use categorisation on the developers’ part.

Gamuda Bhd (KL:GAMUDA) said on Thursday its joint venture (JV) with French rail engineer Alstom SA in Australia has secured a contract worth A$1.6 billion (RM5 billion).

Pavilion Real Estate Investment Trust's (KL:PAVREIT) earnings and dividends are expected to pick up in the seasonally stronger second half, analysts said and recommended investors continue accumulating the stock.

Widad Group Bhd (KL:WIDAD) has named its founder and largest shareholder Tan Sri Muhammad Ikmal Opat Abdullah as the construction group's executive deputy chairman.

Penang-based property developer Ewein Bhd's (KL:EWEIN) shares will be traded under its new name, Skygate Solutions Bhd (KL:SKYGATE), effective Friday.