News by Veishnawi Nehru

Noteworthy:

• Freehold
• Built-up size: 4,025 sq ft
• Floor level: High
• 4 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Bangsar Shopping Centre, Universiti Malaya, Sime Darby Convention Centre, Kuala Lumpur Golf and Country Club, Pantai Hospital
• Accessibility: SPRINT-Damansara and Penchala links, Federal Highway, Jalan Ara, Jalan Profesor Diraja Ungku Aziz

When: December 2024

I-Bhd posted a net profit of RM9.96 million for the quarter ended March 31, 2025 (1QFY25), more than double the RM4.07 million recorded a year ago, driven by stronger earnings from its property development and investment segments.

Practice Note 17 (PN17) company Ivory Properties Group Bhd has signed a deal to sell a heritage commercial building known as The Birch House in George Town, Penang, for RM18 million with ENS Timah Sdn Bhd.

Noteworthy:

• Freehold
• Built-up size: 4,000 sq ft
• 5 bedrooms, 4 bathrooms
• Unfurnished
• Nearby amenities: Pavilion Damansara Heights, HELP University, Universiti Malaya Medical Centre, Kuala Lumpur Golf Country and Club
• Accessibility: SPRINT-Damansara and Penchala Links, North-South Expressway, Jalan Duta

When: January 2025

PLB Engineering Bhd’s wholly-owned subsidiary, PLB Land Sdn Bhd, is selling several land parcels in Tasik Gelugor, Penang for RM48 million, which is RM12.8 million below its valuation price.

Exsim Hospitality’s wholly-owned subsidiary, Exsim Concepto Sdn Bhd, has secured a RM17.2-million contract for interior fit-out works in apartment units.

MN Holdings Bhd’s wholly-owned subsidiary Mutu Nusantara Sdn Bhd, together with Protech Builders Sdn Bhd, has secured a RM49.99-million contract for a data centre project in Peninsular Malaysia.

Gamuda Bhd’s wholly-owned indirect subsidiary Gamuda DC Infrastructure Sdn Bhd (Gamuda DCI) is selling approximately 389 acres of industrial land in Port Dickson, Negeri Sembilan to Pearl Computing Malaysia for RM455.23 million.

Noteworthy:

• Freehold
• Built-up size: 3,729 sq ft
• Floor level: Mid
• 4 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Sunway 163 Mall, Mont'Kiara International School, Damansara Specialist Hospital, Kuala Lumpur Golf & Country Club
• Accessibility: SPRINT - Damansara and Penchala Links, Lebuhraya Duta (DUKE), North-South Expressway (NSE), Jalan Duta

When: January 2025

Noteworthy:

• Leasehold
• Built-up size: 5,969 sq ft
• Unfurnished
• Nearby amenities: Paradigm Mall, Kelana Jaya Medical Centre, KPJ Selangor Specialist Hospital, Unitar International University, Subang Golf & Country Club
• Accessibility: Federal Highway, SPRINT - Damansara and Kerinchi Links, Jalan Lapangan Terbang Subang, Lebuhraya Damansara-Puchong (LDP)

When: September 2024