KUALA LUMPUR (March 5): Gamuda Land, the property arm of Gamuda Bhd, will be bringing new food and beverage (F&Bs) and education-related tenants within Gamuda Cove, Selangor in 2Q2024, according to a press statement on Monday (March 4). The new F&B tenants are Kenangan Coffee and Long John Silver’s that are expected to open in…
Read MoreKUALA LUMPUR (March 5): Crest Builder Holdings Bhd’s order book has reached a record high of RM1.8 billion after the group bagged a commercial development from Sunway Velocity Three Sdn Bhd for a total contract value of RM448.5 million. In a statement on Tuesday, the company said its unit Crest Builder Sdn Bhd has accepted…
Read MoreKUALA LUMPUR (March 5): Paramount Corp Bhd said on Tuesday it aims to sell RM1.4 billion worth of properties in the financial year ending Dec 31, 2024 (FY2024), as the company ramps up launches. The real estate developer plans to launch projects worth RM2.4 billion in gross development value this year, including some delayed projects,…
Read MoreKUALA LUMPUR (March 4): Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) and Syarikat Jaminan Kredit Perumahan Bhd (SJKP) have started accepting applications from financial institutions which offer special government guarantee schemes announced in Budget 2024, to assist micro, small, and medium enterprises (MSMEs) and first-time homebuyers who do not earn fixed income. The SJPP guarantee is…
Read MoreKUALA LUMPUR (March 4): S P Setia Bhd has achieved an 85% take-up rate for Irama Villa IV, since its official launch on March 3. Irama Villa IV is the final lineup of the Irama Villa series in the 1,904-acre Bandar Kinrara township in Puchong. According to a press release dated March 1, Irama Villa…
Read MoreKUALA LUMPUR (March 4): Mah Sing Group Bhd will launch a new service apartment development named M Sinar in its 428-acre Southville City township in Bangi, Selangor in 2Q2024, according to a press statement on March 4 (Monday). Spread across a 5.77-acre tract, M Sinar will offer two 33-storey serviced apartment towers. Both towers will…
Read MoreKUALA LUMPUR (March 4): The MoneyX financial app, powered by Hextar Technologies Solutions Bhd (HexTech), was officially launched with a total of 43 partners last Friday (March 1). At its soft launch in October last year, 15 partners had signed on, while its official launch held at a hotel here also saw a signing…
Read MoreKUALA LUMPUR (March 4): The development of Malay reserve land, particularly for constructing more affordable housing, can provide greater opportunities for Bumiputera to become homeowners, especially in the city centre area. Honorary professor at the Institute of Ethnic Studies, Universiti Kebangsaan Malaysia, Prof Dr Mansor Mohd Noor (pictured), believed that the move could also help…
Read MoreKUALA LUMPUR (March 4): IJM Land Bhd has launched The Promenade, the latest commercial development of Bandar Rimbayu township, in Telok Panglima Garang, Selangor on March 1 and has since achieved a 60% take-up rate. The Promenade, which features two and three-storey shop offices, will have a gross development value of RM300 million. The shop…
Read MoreKUALA LUMPUR (March 3): The bumiputra property discount should only be maintained for homes that are not within the luxury segment. This was the view Tan Sri Abdul Wahid Omar (pictured), who presented the findings of a cluster on wealth creation at the Bumiputra Economic Congress 2024, reported The Star yesterday. Wahid, who is also…
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