Parkson Holdings Bhd's 54.97%-owned subsidiary, Parkson Retail Group Ltd (PRG), is to sell commercial properties with an aggregate construction area of 76,013 square metres in Qingdao, China for 280 million yuan (RM182 million).

Lim Seong Hai Capital Bhd (LSH Capital) has entered into a collaboration agreement with Gamuda Bhd to boost construction efficiency through promoting the use of digital industrial building system (IBS) in the construction industry.

Property developer Encorp Bhd has teamed up with Touch Group Holdings Sdn Bhd to jointly develop a 4.97-acre piece of land in Kuantan, Pahang into a mixed development featuring retail lots, serviced apartments and a car park podium.

Building owners and tenants as well as business operators applying to carry out minor renovation work on residences, office buildings, shophouses and retail lots in shopping complexes no longer need to apply for a certificate from a certified professional consultant.

Conglomerate Oriental Holdings Bhd (OHB) will be investing RM150 million to build a new hospital, called the Oriental Medical Segamat, in Johor.

Setia EcoHill Walk burst to life when a crowd of 6,000 turned up to celebrate in songs and music with five well-known Malaysian artistes in the Setia “Live Out Loud” concert on Sept 3.

There is a possible overhang for the construction sector amid the looming 15th general election (GE15), said RHB Research.

Located on Coronado Island, just off the coast of San Diego, is a “palatial” oceanfront estate known as the “Coronado Castle”.

Bank Negara Malaysia (BNM)’s Monetary Policy Committee (MPC) has raised its overnight policy rate (OPR) by 25 basis points (bps) to 2.5% on Thursday (Sept 8), in line with expectations for further normalisation of monetary policy as the country’s economic growth and inflation gain momentum.

Four “green real estate players” from Malaysia and Singapore signed a Memorandum of Understanding (MOU) on Tuesday to strengthen collaborative efforts for the cross-adoption of green building solutions, innovations and best practices between both countries.