News by Veishnawi Nehru

Noteworthy:

• Freehold
• Built-up size: 2,928 sq ft
• Floor level: High
• 5 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: ParkCity Medical Centre, The Central Park, The Waterfront @ ParkCity, The International School @ ParkCity
• Accessibility: SPRINT-Damansara and Penchala links, LDP,  DUKE Highway, Jalan Desa Kiara, Jalan Segambut

When: January 2025

IJM Land and Amona officiated the groundbreaking of the Urban Park at Taman Rimba Bukit Kerinchi, the first step in Pantai Sentral Park’s development, with the park expected to be completed by year-end.

UEM Sunrise Bhd reported a net profit of RM20.49 million for the quarter ended March 31, 2025 (1QFY25), more than double (150.51%) the RM8.18 million recorded a year ago, driven by higher revenue and lower finance costs.

Advancecon Holdings Bhd’s wholly owned subsidiary, Advancecon Infra Sdn Bhd, has secured a RM47.5 million subcontract from Mujur Minat Sdn Bhd for the construction and completion of the proposed Gerbil Data Centre in Bandar Springhill, Port Dickson.

Central Global Bhd’s wholly-owned sub-subsidiary, Central Global Development Sdn Bhd, is acquiring three freehold residential properties in Selangor from Chew Hian Tat for a total cash consideration of RM3.67 million.

Looking to make your next big move? PropNex Malaysia has a fresh batch of standout listings across the Klang Valley ranging from luxury penthouses in the heart of the city to spacious family homes in peaceful suburban enclaves.

Noteworthy:

• Freehold
• Built-up size: 2,020 sq ft
• Floor level: Low
• 3 bedrooms, 4 bathrooms
• Fully-furnished
• Nearby amenities: Sunway 163 Mall, Mont’Kiara International School, Mont’Kiara Water Buffalo Lake, Damansara Specialist Hospital 2
• Accessibility: SPRINT-Damansara and Penchala links, North-South Expressway,New Klang Valley Expressway, Jalan Dutamas

When: January 2025

The construction sector produces approximately 38% of global carbon emissions and 24% in Malaysia, making it a critical focus for climate action in the push toward national carbon neutrality by 2050, says the Works Minister Datuk Seri Alexander Nanta Linggi.

Johor Bahru’s property market is heating up as land prices surge to record highs near the upcoming Johor-Singapore Rapid Transit System (RTS) Link, says a real estate expert.

Malaysia’s proposed Urban Renewal Act (URA) aims to breathe new life into aging and run-down urban areas by making redevelopment easier, more efficient and fairer to both property owners and developers.