Eco World Development Group Bhd’s 81%-owned subsidiary, Mutiara Balau Sdn Bhd, has entered into a conditional sale and purchase agreement (SPA) with Boustead Balau Sdn Bhd (BBSB) to acquire a 22.73-acre freehold commercial parcel in Mukim Semenyih, Selangor, for RM82.19 million.

Bukit Jalil, located approximately 20 minutes from central Kuala Lumpur, is experiencing continued growth as a major residential, commercial, and institutional hub in the Klang Valley. 

Exchange 106 in Tun Razak Exchange (TRX), Kuala Lumpur, on Friday announced it has reached 75% committed tenancies, securing a total of 1.7 million sq ft of lettable space, positioning the development to reach its financial breakeven target by the third quarter of 2026.

Johor-based developer Joland Group has officially broken ground on a serviced apartment project called Paragon Signature Suites in Johor Bahru. The project is nearly 90% taken-up since the launch in 2Q2025.

Chin Hin Group Property Bhd (CHGP) has expanded its city landbank with the acquisition of a freehold parcel in Segambut for RM31.74 million.

Construction and property developer Mudajaya Group Bhd (KL:MUDAJYA) has proposed to consolidate every five shares held by its shareholders into one share.

CBH Engineering Holding Bhd (KL:CBHB), through its wholly-owned subsidiary CBH Engineering Sdn Bhd, has secured a RM20.67 million contract from an undisclosed client—referred to as Company A—for the design and installation of high-voltage early works at a 275kV substation in a data centre located in Johor.

Noteworthy:

• Freehold
• Built-up size: 1,959 sq ft
• Land size: 1,976 sq ft
• 3 bedrooms, 3 bathrooms
• Fully furnished
• Nearby amenities: Sunway International School Sunway City Iskandar Puteri, Sunway Emerald Lake, Gleneagles Hospital Medini Johor, Legoland Malaysia, Senibong Golf Club
• Accessibility: North South Expressway, Second Link Expressway, Persiaran Medini 3

When: June 2025

NCT Group of Companies (NCT Group), through its property arm NCT Land Sdn Bhd, has partnered with the Kuala Langat Municipal Council (MPKL) to strengthen the NCT Smart Industrial Park (NSIP) and attract investors to the district.

Propel Global Bhd (KL:PGB) has secured a contract worth approximately RM70 million for the civil and structural works of a data centre development in Johor Bahru.