News by M

Kerjaya Prospek Group Bhd has secured a RM104.73 million contract for the execution and completion of a housing development in Penang.

Glomac Bhd will be launching Loop Residences, the first phase of the 15.3-acre (6.19-hectare) Loop City with a gross development value (GDV) of RM1.6 billion, on Nov 11 to 12, said Glomac Bhd managing director and chief executive officer Datuk Seri Fateh Iskandar Mohamed Mansor (FD Iskandar) during the unveiling ceremony of Loop City at Lakeside Residence Sales Gallery, Puchong on Monday.

Sime Darby Property Bhd’s Hype Residences Phase 1 in its SJ7 mixed-use development in Subang Jaya was fully taken up within an hour of its official launch on Oct 28, according to a press statement on Monday.

The Malaysia-China Kuantan Industrial Park (MCKIP) has achieved a cumulative investment value of over RM31 billion across 21 projects, and is expected to create more than 14,000 job opportunities, according to Deputy Minister of Investment, Trade and Industry Liew Chin Tong.

Avaland Bhd's Casa Embun apartment development in its 417-acre (168.75-hectare) Cybersouth township in Dengkil saw its first phase 70% taken up since the launch in January, according to a press statement on Friday.

Paragon Globe Bhd has proposed to acquire a freehold land in Johor Bahru for RM16.54 million, its Bursa Malaysia filing showed on Friday.

The 20.7km Setiawangsa-Pantai Expressway (SPE) will be officially open in its entirety to motorists at 11.59pm on Friday.

While Bank Negara Malaysia's (BNM) decision to keep the overnight policy rate (OPR) unchanged at 3% in its final monetary policy committee meeting for the year was well expected by economists following Malaysia's positive economic growth, they, however, appear divided on the central bank's stance going forward.

Atrium Real Estate Investment Trust’s (Atrium REIT) asset manager Atrium REIT Managers Sdn Bhd (ABSB) has acquired buildings and leasehold land in Shah Alam, Selangor from a related party, Amazing Blitz Sdn Bhd (ABSB), for RM41 million cash.

In celebration of World Town Planning Day, which falls on Nov 8, the Malaysian Institute of Planners (MIP) is hosting its yearly National Planning Congress (NPC) 2023 in Putrajaya, alongside Putrajaya Corporation and PLANMalaysia.