Eversendai Corp Bhd (KL:SENDAI), which is undertaking steel works for Saudi Arabia’s Trojena Ski Village, said construction activities will continue “without interruption” following reports that the 2029 Asian Winter Games may be reassigned to a different host country.

Land & General Bhd’s (KL:L&G) net profit more than doubled in the first quarter on higher contributions from its property development and education divisions.

Property group Ideal Capital Bhd (KL:IDEAL) saw its net profit for the second quarter fall 14%, dragged down by a jump in cost of sales despite higher revenue.

MUI Properties Bhd (KL:MUIPROP) has declared a special dividend of eight sen per share, amounting to RM59.27 million, following the disposal of its Negeri Sembilan land to Gamuda Bhd (KL:GAMUDA) by a subsidiary.

The government has agreed to settle the outstanding land premium compensation owed to the Negeri Sembilan government involving land at the Syed Sirajuddin Camp in Gemas, Prime Minister Datuk Seri Anwar Ibrahim said on Saturday.

The government will offer incentives to property developers that adopt the ‘build and sell’ policy, with the aim of eliminating abandoned projects by 2030.

Country Heights Holdings Bhd (KL:CHHB) said its unit, Golden Horse Palace Bhd (GHPB)—operator of the Palace of the Golden Horses—is facing a winding-up petition from Fujifilm Business Innovation Asia Pacific over an unpaid debt.

Sime Darby Property Bhd (KL:SIMEPROP) said the Real Estate and Housing Developers' Association (Rehda) is still in talks with authorities on the expansion of the sales and service tax that raised costs for developers.

Penang’s residential landscape is evolving steadily, with notable differences between the island and the mainland in terms of market dynamics and housing trends.

S P Setia Bhd will host a preview of its upcoming phase called the Starter Homes Collection at Setia Alamsari, Kajang on Saturday, Aug 23 (Saturday) from 12pm to 5pm.