News by M

Property developer UOA Development Bhd has proposed to venture into the food & beverages (F&B) business.

Seremban Engineering Bhd and Negeri Sembilan's investment arm NS Corp have entered into a joint venture agreement for the proposed development of three parcels of concession land, which includes the Jetty Arang, that cumulatively measure 26.381 acres in Port Dickson, Negeri Sembilan.

Noteworthy:

• Land size: 30,000 sq ft
• Commercial land
• Nearby amenities: Convenience stores, schools, Sunway Putra Mall, Chow Kit Baru, MRT Titiwangsa
• Accessibility: Federal highway, Setiawangsa Pantai Expressway, New Pantai Expressway

When: March 2023

Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir said there are 13 projects under the 1Malaysia Housing Programme (PR1MA) that are still abandoned.

Mah Sing Group Bhd is buying two plots of land measuring 75.75 acres in Johor Bahru for RM76.09 million to develop a residential project with a gross development value (GDV) of RM480 million.

BIG Industries Bhd has entered into a sale and purchase agreement (SPA) with SJ Holdings Sdn Bhd for the proposed disposal of a piece of land in Johor for RM4.5 million cash.

Pesona Metro Holdings Bhd won a RM180.84 million contract to undertake subcontract works for the construction of the Malaysian National Film Development Board’s (Finas) headquarters in Damansara Damai, Petaling Jaya.

Master Builders Association Malaysia (MBAM) last Friday (June 9) officially unveiled a new hub, which will host training programmes and mediation service, during a groundbreaking ceremony of the centre at Persiaran Harmoni, Subang.

Noteworthy:

• Freehold
• Built-up size: 1,200 sq ft
• 2 bedrooms, 2 bathrooms
• Semi-furnished
• Nearby amenities : convenience stores, schools, Amcorp Mall, Subang Parade, MRT Mutiara Damansara
• Accessibility : NKVE highway, North-South Expressway, Damansara-Puchong Expressway (LDP)

When: March 2023

The KARL LAGERFELD Tower will consist of hotel and residential units though further details of the project have yet to be confirmed as it is still in the early stages of planning.