Scientex Bhd's net profit slipped 12.4% to RM124.98 million in the fourth quarter ended July 31, 2022 (4QFY22) from RM142.65 million, hit by higher tax and interest expenses amid margin compression in its property segment.

Airbnb Inc could add Korean traditional houses known as "hanok" as an independent booking option on its home rental platform, an executive has said, amid the growing popularity of the Korean wave of pop culture among international travellers.

AME Elite Consortium Bhd (AME) is optimistic it will achieve industrial property sales of about RM250 million in the financial year ending March 31, 2023, on the back of increasing foreign and domestic direct investments into its industrial parks.

Universiti Putra Malaysia’s Faculty of Design and Architecture dean, Associate Prof Dr Suhardi Maulan, said the development of open and green areas is important to make a city more resilient, in line with Malaysia’s goal to achieve the 2030 Agenda for Sustainable Development.

Plywood products maker Annum Bhd (formerly Cymao Holdings Bhd), has inked a preliminary agreement to appoint Koperasi Belia Nasional (Kobena) as an agent to get its members to purchase all 130 single-storey terrace homes of a residential project which it is developing in Perak.

Noteworthy:

• Freehold
• Built up: 5,900 sq ft
• Land size: 2,637 sq ft
• 3 bathrooms
• Shop 
• Unfurnished
• Nearby amenities: Convenience stores, banks, F&B outlets, IOI Mall, LRT IOI Puchong, LRT Pusat Bandar Puchong
• Accessibility: Damansara-Puchong Expressway (LDP), Kesas Highway\

When: April 2022

Award-winning property developer S P Setia Bhd and one of the region's leading hotel management companies ONYX Hospitality Group, recently introduced the new Amari Kuala Lumpur in Setia KL Eco City, Kuala Lumpur. 

Strata titles of properties must be handed over together with the delivery of vacant possession, stated the Special Task Force to Facilitate Business (PEMUDAH) in its meeting on Sept 26.

S P Setia Bhd and Tenaga Nasional Bhd (TNB) kick-started their green initiative partnership with the installation of solar panels on the developer's corporate headquarters in Setia Alam, Shah Alam at a commencement signing ceremony on Wednesday (Sept 28). This is the first phase of S P Setia's green initiatives in partnership with TNB.

PPB Properties, the property division of PPB Group Bhd today unveiled its new “community-centric neighbourhood mall” within Megah Rise, Taman Megah.