KUALA LUMPUR (April 26): Gamuda Land, the property arm of Gamuda Bhd, has unveiled partners for Gardens Square, the latest commercial development at the 810-acre Gamuda Gardens in Sungai Buloh. To be completed by end-2024, Gardens Square is set to welcome partners, such as ZUS Coffee, Tealive, ChaTraMue, Long John Silver’s, Bask Bear, 7 Café,…
Read MoreKUALA LUMPUR (April 29): Berjaya Corp Bhd (BCorp), which last week denied that its founder Tan Sri Vincent Tan Chee Yioun had participated in talks to revive a US$100 billion (RM477.60 billion) Forest City casino resort as reported recently, has lodged reports for the police to commence investigation into the above matter, specifically to, amongst…
Read MoreKUALA LUMPUR (April 29): Shares of YNH Property Bhd surged to their highest in three weeks after the real estate developer said it has remedied the technical default of its sukuk programme that led to a downgrade by MARC Ratings recently. YNH rose as much as 11% to 50 sen, its highest since April 8,…
Read MoreKUALA LUMPUR (April 29): Chin Hin Group has unveiled its latest developments, Dawn, KLCC and Aricia Residences via an exclusive preview at its new sales gallery at Menara Centara on Saturday (April 27). Serviced apartment development Dawn, KLCC is located on 1.41-acre of land and less than 385m from KLCC and within sight of the…
Read MoreKUALA LUMPUR (April 29): AI proptech company OpenHouse has launched and is partnering TA Global Bhd to provide homebuyers with access “to exclusive listings and customized recommendations to enhance their buying experience”, both companies announced in a media release today. The partnership with TA Global will provide OpenHouse users with access to a large portfolio…
Read MoreKUALA LUMPUR (Apr 25): Construction company Inta Bina Group Bhd has secured a contract worth RM224.8 million to develop a 38-storey business serviced apartment in Subang Jaya. The group said in a bourse filing on Thursday that its wholly-owned Inta Bina Sdn Bhd had accepted the letter of award from Tropicana Metropark Sdn Bhd to…
Read MoreKUALA LUMPUR (April 25): Pavilion Real Estate Investment Trust (PavREIT) reported that its first quarter net property income (NPI) jumped 33.2% year-on-year, thanks largely to contribution from its newly acquired mall, Pavilion Bukit Jalil. The increase was also attributed to higher occupancy rates and higher revenue rent from its other retail malls. The REIT’s NPI…
Read MoreKUALA LUMPUR (April 25): Al-’Aqar Healthcare Real Estate Investment Trust (Al-’Aqar REIT) is actively targeting to acquire yield-accretive properties from KPJ Healthcare Bhd as part of its asset expansion plan. The proposed exercise will be funded through a combination of unit issuance and cash via bank borrowings, it said in a filing with Bursa Malaysia…
Read MoreKUALA LUMPUR (April 25): Shares of CapitaLand Malaysia Trust (CLMT) surged on Thursday to its highest in nearly four years while analysts remained upbeat following better-than-expected first-quarter (1Q) results. CLMT surged as much as four sen or 6.4% to 66.5 sen, its highest since June 2020. At 4pm, the counter pared some gains to trade…
Read MoreKUALA LUMPUR (April 26): Berjaya Corp Bhd (BCorp) has denied that its founder Tan Sri Vincent Tan Chee Yioun (pictured) participated in talks to revive a US$100 billion (RM477.60 billion) Forest City casino resort as reported recently. In a statement on Friday, BCorp said the article had included inaccurate information that misrepresented the conglomerate’s supposed…
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