Richmond Asia Group has entered into a hotel management agreement with Spain’s Barceló Hotel Group to operate its new property, Richmond Estelar in Kuala Lumpur.

Thirty-six owners, occupiers and tenants who were affected by the Putra Heights gas pipeline explosion that destroyed numerous homes and injured more than 150 people have filed a civil suit against five parties, including the Malaysian government.

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