Alira Subang Jaya offers 60 facilities, including a swimming pool, spa, gymnasium, mini library and singing lounge. KUALA LUMPUR (July 30): Avaland Bhd (KL:AVALAND) topped out Alira Subang Jaya, a serviced residence in Tropicana Metropark, Subang Jaya, which has achieved a 95% take-up rate, on Monday (July 29), according to a press statement on Tuesday. …
Read MoreThe expected gain from the proposed disposal is RM3.51 million. KUALA LUMPUR (July 29): Infrastructure and construction group Ekovest Bhd (KL:EKOVEST) said it is disposing of another four parcels of land along Jalan Pahang in Kuala Lumpur, measuring a total of 2,286 sq m. The disposal of the parcels to Airman Sdn Bhd, a wholly…
Read MoreKUALA LUMPUR (July 30): The National Chamber of Commerce and Industry of Malaysia (NCCIM) has appointed Datuk Seri N Gobalakrishnan (pictured) as president for the 2024-2026 term. Gobalakrishnan, who succeeds Tan Sri Soh Thian Lai, said his leadership will focus on further enhancing NCCIM’s stature within government circles, and local and international business communities, as well as…
Read MoreWith a gross development value (GDV) of RM384 million, Majestic Residence sits on a 0.66-acre (0.27-hectare) freehold parcel. The 33-storey residential tower offers 478 units, with built-ups ranging from 459 to 654 sq ft. The development is fully sold. KUALA LUMPUR (July 29): Majestic Gen Sdn Bhd (formerly known as Majestic Builders of the Majestic…
Read MoreKUALA LUMPUR (July 26): Ekovest Bhd (KL:EKOVEST) said it has agreed to a further extension of time to discuss a merger between its wholly owned subsidiary Ekovest Construction Sdn Bhd (ECSB) and Knusford Bhd (KL:KNUSFOR). The six-month extension to Jan 27, 2025 will provide Ekovest and Knusford with additional time to evaluate and deliberate the…
Read MoreKUALA LUMPUR (July 29): While the Federal Court last Friday (July 26) provided some clarity on the landmark Ang Ming Lee decision made in 2019 by ruling that it is only applicable prospectively, a lawyer has posed some queries on the limitation of filing a claim within six years and the rights of homebuyers. Ranjan…
Read MoreKUALA LUMPUR (July 29): Titijaya Land Bhd (KL:TITIJYA) unveiled its latest serviced apartment development called The Ria last Saturday (July 27), according to a press statement on Sunday. The Ria is a 63-storey development with a total of 752 units in two to three bedrooms configurations and built-ups ranging between 650 to 800 sq ft….
Read MoreKUALA LUMPUR (July 29): Property developer Ecofirst Consolidated Bhd (KL:ECOFIRS) said on Monday its net profit for the fourth quarter more than doubled from a year earlier thanks to higher sales conversion rate for the KL-48 project. Net profit for the three months ended May 31, 2024 (4QFY2024) was RM41.51 million compared with the RM17…
Read MoreNCT Smart Industrial Park is a 732-acre industrial park with a gross development value of RM10 billion. The project is being developed in three phases, of which the first phase spanning 250 acres has received 60% bookings. KUALA LUMPUR (July 29): NCT Group via its subsidiary NCT Smart Management Sdn Bhd has signed five memoranda…
Read MoreKUALA LUMPUR (July 26): The Real Estate and Housing Developers’ Association (REHDA) Malaysia welcomed the Federal Court’s ruling on the cases involving Prema Bonanza Sdn Bhd and Sri Damansara Sdn Bhd on Friday, which removed the uncertainties in the determination of the delivery period of properties. A press statement issued by REHDA Malaysia president Datuk…
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