KUALA LUMPUR (Aug 4): Property developer Magna Prima Bhd is selling its entire equity interest in loss-making 33 Sentral Park Sdn Bhd, which owns two pieces of adjoining residential land measuring a total of 6.9 acres and fronting Jalan Gasing in Petaling Jaya, Selangor, to Glomics Holding Sdn Bhd (GHSB) for RM65 million. Magna Prima…
Read MoreKUALA LUMPUR (Aug 4): Fitters Diversified Bhd has terminated its initial 18.97-hectare land disposal to Aikbee Development (Kepong) Sdn Bhd for RM36 million, owing to the buyer’s failure of payment. In a filing with the local bourse on Friday (Aug 4), Fitters said that the disposal between its indirect wholly-owned subsidiary — Rasa Anggun Development…
Read MoreKUALA LUMPUR (Aug 7): EdgeProp was present over the weekend at the gallery showcases of two of EdgeProp START’s partners, SkyWorld Setapak and JKG Land. These were part of efforts to garner support for EdgePropSTART’s featured projects – Curvo Residences by SkyWorld Development and The Era 2 by JKG Land. As a result, there was good…
Read MoreMany are re-evaluating their priorities as more options enter the market Contributed by Sulaiman Saheh The market has seen notable shifts in consumer and behavioural trends; both new and old with some going from being a niche to a now mainstream option. More so, these shifts were accelerated and amplified by the two-year pandemic which…
Read MoreCreating spaces that spark creativity and imagination By Joseph Wong Children are inherently curious and imaginative beings and the spaces they inhabit play a crucial role in shaping their development and experiences. So designing homes for children requires more than just aesthetics, it demands a thoughtful understanding of their needs, interests and unique perspectives. Can…
Read MoreThe WAO Shelter Home, a corporate social responsibility project to rebuild a dilapidated 1960s house. Social sustainability through refurbished property Yanika Liew Whether to raise its value or make use of an unwanted piece of land, refurbishment is a welcome alternative to leaving under-utilised properties the way they are. While refurbishment is not an uncommon…
Read MoreAn artist’s impression of the 25m pool. Radium offers affordability and aesthetic beauty with the new Residensi Wilayah home, Vista Adesa As demand for affordable housing in Malaysia continues to rise, developers have made consistent progress towards meeting the needs of new homebuyers entering the market. In an urban environment, the standard markers of a…
Read MoreFor property seekers, Koe points to the OPR increase and the tightening banks as signs of the road ahead By Yanika Liew While the issue of unaffordability in housing often centres around the price of the project itself, financing plays a significant role in being able to afford a home. Acquiring a property requires the…
Read More(From left) Khaw, Lim, Koay, Gan, Tay and Sze-Tho posing with a replica of a BYD electric vehicle’s key to commemorate their collaboration. Scientex, Sime Darby Beyond Auto to drive affordability of homes, EVs SELANGOR: Scientex Bhd, through its subsidiary Scientex Park (M) Sdn Bhd, has joined forces with Sime Darby Beyond Auto Sdn Bhd,…
Read MoreKUALA LUMPUR (Aug 3): A unit of AWC Bhd has been awarded sub-contract works for a multi-block mixed development in Klang, Selangor, from a unit of Crest Builder Holdings Bhd worth RM10.01 million. In a Bursa Malaysia filing, AWC said its unit Qudotech Sdn Bhd had on Aug 2 accepted the letter of award from…
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