The government on Thursday said it had no role in choosing the developer for the Kampung Sungai Baru redevelopment project—the decision was made entirely by the residents, Parliament was told.

A partnership with Japan’s Mitsui Fudosan will help reduce the balance sheet stress on S P Setia Bhd (KL:SPSETIA) in the RM1.3 billion development of a residential project in Semenyih, analysts said.

GreenRE and the Sabah Housing and Real Estate Developers Association (SHAREDA) have formalised a memorandum of agreement (MoA) here at Wisma REHDA today, marking a step forward in promoting sustainable building practices within Sabah’s property sector.

Municipalities are struggling to balance short-term service delivery with long-term adaptation to social and environmental challenges.

Sunway Property has launched Sunway Majestic, its first development in Johor Bahru City Centre (JBCC) and the city’s first small office/home office (SOHO) project.

Sunway Property has opened registration for Sunway Cochrane, a 5.4-acre freehold serviced apartment project located along Jalan Cochrane, Kuala Lumpur.

Hong Leong Investment Bank (HLIB) has downgraded Pavilion Real Estate Investment Trust (KL:PAVREIT) to ‘hold’ given the recent share price rally amid a lower yield outlook.

Tropicana Corp Bhd (KL:TROP) has redeemed another tranche of its sukuk wakalah worth RM139 million under its RM1.5 billion programme, which matured on Wednesday.

UOA Development Bhd (KL:UOADEV) has confirmed its first 11 retail partners for the 130,000 sq ft Retail Podium at Bamboo Hills Residences, scheduled to open in 2027.

The Employees Provident Fund (EPF) has ceased to be a substantial shareholder of IOI Properties Group Bhd (KL:IOIPG) after almost nine years, as it trimmed its stake in the counter which had risen to a one-month high in a rally.