Sunway Malls has announced the upcoming opening of its 10th mall in the country, Sunway Square Mall, scheduled for September 2025.

Property developer EcoFirst Consolidated Bhd (KL:ECOFIRS) swung to a net profit in the third quarter ended Feb 28, 2025 (3QFY2025), driven by stronger progress in its KL-48 project, which lifted revenue.

Johor-based property developer Country View Bhd declared a 20 sen dividend on Tuesday after a ninefold rise in first quarter net profit due mainly to the sale of three pieces of commercial land in Taman Nusa Sentral, Iskandar Puteri.

Noteworthy:

• Leasehold
• Built-up size: 5,969 sq ft
• Unfurnished
• Nearby amenities: Paradigm Mall, Kelana Jaya Medical Centre, KPJ Selangor Specialist Hospital, Unitar International University, Subang Golf & Country Club
• Accessibility: Federal Highway, SPRINT - Damansara and Kerinchi Links, Jalan Lapangan Terbang Subang, Lebuhraya Damansara-Puchong (LDP)

When: September 2024

Atrium Real Estate Investment Trust (KL:ATRIUM) reported a dip in net income for the first quarter ended March 31, 2025 (1QFY2025) to RM6.2 million due to lower interest income, and higher finance and administrative costs.

Property developer S P Setia Bhd (KL:SPSETIA) announced on Tuesday it has lodged the necessary documents with the Securities Commission Malaysia to set up sukuk wakalah and Islamic commercial paper (ICP) programmes with a combined limit of up to RM4 billion.

Property developer GuocoLand (Malaysia) Bhd (KL:GUOCO), the property arm of Hong Leong Group, is undertaking a comprehensive review of its land bank to maximise its land use value.

Sime Darby Property Bhd has raised RM800 million in its third sukuk (Islamic bond) sale under a RM4.5 billion programme.

The government is mulling measures to counter the US tariff threat. The Housing and Local Government will do its part with a possible Home Ownership Campaign.

Currently, there are no acquisitions on the table, said its CEO Datuk Mohd Salem Kailany, who was appointed to the board in November last year.