Public Bank Bhd will provide a special sustainable financing package to Gamuda Land, following their memorandum of understanding (MOU) on green and sustainable developments financing.

GuocoLand (Malaysia) Bhd's net profit for the fourth quarter ended June 30, 2022 (4QFY22) jumped over three times to RM23.79 million from RM7 million a year before, due to higher contribution from the property development division and lower loss incurred by the hospitality division.

The weakening ringgit, which has lost more than 6% of its value against the US dollar so far this year, has been luring foreign investors back into the Malaysian property market, said real estate technology group Juwai IQI.

There is no discrimination against persons with disabilities (PWD) and the elderly in their application for houses under the Ministry of Housing and Local Government (KPKT) affordable housing scheme, said Deputy Minister Datuk Seri Dr Ismail Abd Muttalib.

OKA Corp Bhd has proposed to acquire a piece of land in Senai, Johor for a total of RM14.24 million for expansion of operation.

The Edge Malaysia Best Managed & Sustainable Property Awards 2022 (BMSPA 2022), which raises the bar on property management practices and sustainable real estate in Malaysia, saw eight of Henry Butcher Malaysia (Mont Kiara) Sdn Bhd's (HBMK) managed projects win awards under various categories.

The Selangor State Development Corporation (PKNS) and Bank Islam Malaysia Bhd have signed a memorandum of understanding (MOU) to offer Islamic housing loans based on the Tawarruq principle.

Tiong Nam Logistics Holdings Bhd has entered into a preliminary collaboration agreement with a unit of Johor Corp (JCorp) to jointly develop a logistics hub on a 300-acre plot of land in Sedenak Tech Valley, Johor.

Penang-based Ivory Properties Group Bhd has aborted its plan to jointly develop residential components with ECK Development Sdn Bhd on 135 acres of land in AirportCity and Aerotropolis in Kuala Muda, Kedah.

The process of transferring ownership of school land to the Department of Director General of Lands and Mines (JKPTG) needs to be implemented before any upgrading or construction is done for any dilapidated school, Senior Education Minister Datuk Dr Mohd Radzi Jidin (pictured) said.