Paramount flags 3%–5% price hike for new launches, keeps RM1.2b sales target
Construction costs, including building materials and fuel, account for up to 50% of total development costs, while land costs make up for 20%.
Mitraland, RHB partner on green financing scheme for SMEs
It is aimed at supporting businesses investing in sustainable industrial and commercial properties.
Valiram Group completes acquisition of stake in Lendlease’s assets
Luxury retailer Valiram Group has completed the acquisition of a 40% stake in The Exchange TRX mall and 60% stake in the TRX Campus office from Australian property developer Lendlease Group on Monday.
High Court allows UOA Development unit to challenge tax bill on property sale to REIT
The High Court has allowed Distinctive Acres Sdn Bhd, an investment unit of property developer UOA Development Bhd (KL:UOADEV), to challenge a RM165.66 million tax bill and penalty linked to the sale of an asset to a REIT in 2020.
AME Elite posts record full-year profit of RM284m, declares seven sen dividend
AME Elite Consortium Bhd (KL:AME) posted a net profit of RM283.97 million for the financial year ended March 31, 2026 (FY2026), its highest since the construction and property group's listing on Bursa Malaysia in 2019.
Hektar REIT to buy, lease back school campus for RM125 mil
Hektar Real Estate Investment Trust (KL:HEKTAR) plans to acquire and lease back an international school campus near Setapak in Kuala Lumpur for RM125 million, marking its latest push into the education asset segment to diversify beyond retail properties.
LSH Capital posts lower 2Q earnings on higher tax expenses, softer property contributions
Lim Seong Hai Capital Bhd posted a 13.8% decline in second-quarter net profit, weighed by higher tax expenses and softer contributions from its property development segment as its flagship LSH Segar project nears completion.
Mesiniaga, I-Bhd to develop central residential AI platform
Mesiniaga Bhd (KL:MSNIAGA) and I-Bhd (KL:IBHD) have teamed up to develop a central platform aimed at connecting multiple systems in i-City in Selangor.
Aspen clarifies RM818 mil bid for Batu Kawan Industrial Park 2
Aspen (Group) Holdings Ltd, a member of the consortium which submitted a bid for the Batu Kawan Industrial Park 2 (BKIP2) project, said the RM818 million bid is the full guaranteed cash return payable to Penang Development Corporation (PDC).
Kerjaya Prospek sees more job opportunities, unfazed by Mideast war-driven cost hikes
Kerjaya Prospek Group Bhd (KL:KERJAYA) remains unfazed by a tougher construction environment and rising building material costs following the Middle East conflict, saying it is well-positioned to navigate the volatility due to its experience and disciplined pricing strategy.
