UEM Sunrise partners with Greystar for a build-to-rent project in Melbourne
UEM Sunrise Bhd has partnered with Greystar Real Estate Partners, LLC to develop the first build-to-rent (BTR) project in the inner-Melbourne suburb of Collingwood.
EcoWorld International’s total net cash balance exceeds RM700m
EcoWorld International stated that it is on track to achieve its full year sales target of RM1.4 billion, with sales achieved of RM619 million plus reserves of RM299 million, totalling RM918 million in 7 months of FY2023.
DONE DEAL: Semidee, Bukit Damansara, Kuala Lumpur
Noteworthy:
- Built-up size: 5,000 sq ft
- Land size: 6,000 sq ft
- 5 bedrooms, 7 bathrooms
- Semi-furnished
- Nearby amenities: Convenience stores, schools, Damansara City Mall, Bangsar Shopping Centre, MRT Semantan, MRT Pusat Bandar Damansara
- Accessibility: NPE highway, SPRINT highway
When: May 2023
Sime Darby Property launches affordable Serasi Residences in Putra Heights
Sime Darby Property Bhd recently launched the Servis Apartmen Mampu Milik (SAMM) homes at Serasi Residences in the Putra Heights township.
WORQ launches WORQ Express on Pulau Perhentian
Coworking and flex space provider WORQ said its launch of WORQ Express at Alunan Resort in Pulau Perhentian, Terengganu, signifies its first step in countrywide expansion to provide workspaces and meeting facilities everywhere, including cities, suburbs and remote digital nomad hubs.
TCS and developer mutually terminate construction contract to build condo because of higher building material cost
Due to higher construction material prices, TCS Group Holdings Bhd has scrapped its plan to develop a condominium project, known as Arcadia, in Kuala Langat, Selangor.
Noorazman Abd Aziz steps down as UEM Sunrise's chair, to be replaced by Khazanah's Hisham Hamdan
Datuk Noorazman Abd Aziz is resigning from his post as chairman of UEM Sunrise Bhd from July 1, after he was redesignated to chairman of CTOS Digital Bhd on May 26.
Sunway Healthcare unveils senior living residence, Sunway Sanctuary
Sunway Healthcare Group has unveiled its flagship senior living residence, Sunway Sanctuary in Bandar Sunway, Petaling Jaya, Selangor.
Scientex's 3Q net profit rises 24%, propelled by property business
Scientex Bhd's net profit rose 24.28% to RM109.78 million for the third quarter ended April 30, 2023 (3QFY2023) from RM88.33 million a year earlier, carried by the group’s property development business’ higher progress billing and robust demand for new launches.
Analysts mostly positive on S P Setia-Mah Sing Semenyih land deal
The deal announced by developer S P Setia Bhd on Monday (June 19) pertaining to the divestment of 500 acres of freehold land in Semenyih, Selangor to peer Mah Sing Group Bhd for RM392.04 million, has been viewed positively by analysts in general.
