KUALA LUMPUR (May 22): Eco World Development Group Bhd (EcoWorld) unveiled its first 19 tenants at Majestic Labs, a new community and retail hub at its flagship township, Eco Majestic. The tenants include: Believe Fitness, Claviera Petite, EcoWorld Gallery @ Eco Majestic, Melody Kindyland, Chef Kecik, Flow Academy, Fui Chuai Chinese Restaurant, Hock Kee Kopititam,…
Read MoreThe programme, which will comprise the issuance of senior Islamic medium-term notes and subordinated perpetual Islamic notes, was lodged with the Securities Commission Malaysia (SC) by the REIT’s manager, Axis REIT Managers Bhd. KUALA LUMPUR (May 20): Axis Real Estate Investment Trust (KL:AXREIT) has proposed the establishment of a sukuk programme of up to RM3…
Read MorePotential home buyers looking at the model of a Residensi Madani at PPR Batu Muda, Kuala Lumpur. — AZHAR MAHFOF/The Star Contributed by Foo Chee Hung One of the biggest barriers to building affordable housing in urban areas is the high cost of land. In Kuala Lumpur, for example, land acquisition averages about RM570 per…
Read MoreS P Setia records 1QFY2025 profit before tax of RM141 mil, continues to reduce its borrowings by another RM156 mil Remains committed to achieving its RM4.8 billion sales target this year, leveraging on its established reputation as one of the top listed sustainable, master planned township developers in Malaysia. KUALA LUMPUR (May 21): S P…
Read MoreWORQ and Sunway launch 20,000 sq ft co-working hub at Sunway V2 Tower with 70% of space leased The new site is located within the integrated Sunway Velocity TWO development, building on the momentum from their first joint effort at Sunway Putra, which reached full occupancy within a month. KUALA LUMPUR (May 21): WORQ and…
Read More“In essence, smart construction, while leveraging technology and data to optimise resource use, reduce waste, and minimise environmental impact, will ultimately lead to more sustainable buildings and construction practices.” PETALING JAYA (May 20): The construction sector produces approximately 38% of global carbon emissions and 24% in Malaysia, making it a critical focus for climate action…
Read MoreDigital Ministry: “The use of AI in major cities like Kuala Lumpur now plays an important role in accelerating the modernisation of urban infrastructure and services. It not only enhances urban management efficiency but also directly contributes to the improvement of the quality of life for city residents.” KUALA LUMPUR (May 19): Kuala Lumpur City…
Read MoreKUALA LUMPUR (May 16): Gamuda Bhd (KL:GAMUDA) said on Friday it is buying three plots of land measuring 336 acres combined for RM248.7 million near its current project in Selangor. The expansion at the southern tip of Gamuda Cove will allow the company to develop landed homes and commercial properties with a gross development value…
Read MoreAll 192 units of Sime Darby Property’s The Nine fully taken up at its April 19 launch The fully sold two-storey linked homes are part of the City of Elmina township, with a gross development value of RM198.2 million. Each unit includes four bedrooms, four bathrooms, and a 12-feet backyard garden to support multigenerational living….
Read MoreWith the StarProperty All-Stars winners are (front row, from left) Ng, Chan, Cheah, Nga, Sime Darby Property Bhd group chief financial officer Betty Lau Sui Hing, Wong, Parkland group managing director Datuk Victor Tan, M Noor Azman and Wang at One World Hotel in Petaling Jaya. — GLENN GUAN/The Star PETALING JAYA: It was a…
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