Property News Archives

Sunway Construction starts FY2026 on strong footing, declares total dividend of 22.8 sen

Jan 1, 1970

KUALA LUMPUR (May 18): Sunway Construction Group Bhd (KL:SUNCON) kicked off the financial year ending Dec 31, 2026 (FY2026) on a strong footing, with higher contributions across all operating segments driving a sharp increase in first-quarter earnings, while the group rewarded shareholders with total dividends of 22.8 sen per share. The builder reported a 56.4%…
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Sime Darby Property’s New Economy Venture fund secures RM2.6 bil sukuk programme in world-first data centre financing structure

Jan 1, 1970

KUALA LUMPUR (June 22): Sime Darby Property Bhd’s New Economy Venture (NEV) fund has established a Sukuk Wakalah Programme of up to RM2.6 billion in nominal value, the developer stated in a media release today, creating what it describes as the world’s first Sukuk financing structure designed to fund data centre infrastructure. The Sukuk Wakalah…
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InvestKL to be under Mida as part of national investment promotion consolidation

Jan 1, 1970

KUALA LUMPUR (March 9): InvestKL will undergo a transition under the Malaysian Investment Development Authority (Mida) as part of the government’s broader effort to streamline investment promotion functions, strengthen inter-agency coordination, and enhance the overall investor experience. The transition supports national economic priorities, including those outlined in the New Industrial Master Plan and Malaysia’s long-term…
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The Wyn Residences hits 66% take-up as completion timeline accelerated to June 2027

Jan 1, 1970

KUALA LUMPUR (May 13): Land & General Bhd (L&G) (KL:L&G) has accelerated the completion timeline for The Wyn Residences in Bandar Puchong Jaya to June 2027, marking a 12-month advancement from the original June 2028 target. According to a press statement issued on Tuesday, the development has achieved a take-up rate of approximately 66% as…
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Chin Hin 4Q net profit up 5% to RM38 mil on turnaround in property business

Jan 1, 1970

KUALA LUMPUR (Feb 27): Chin Hin Group Bhd’s (KL:CHINHIN) net profit rose 5.37% to RM37.99 million in the fourth quarter from RM36.05 million a year earlier, supported by a turnaround in its property development division. Revenue for the quarter ended Dec 31, 2025 (4QFY2025) increased 9.71% year-on-year to RM1.09 billion from RM995.48 million due mainly…
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EXSIM Hospitality secures RM55m water park contract

Jan 1, 1970

KUALA LUMPUR (March 3): EXSIM Hospitality Bhd has clinched a RM54.5 million turnkey contract for water park development works. According to its bourse filing on Monday, the contract was awarded to its unit EXSIM Concepto Sdn Bhd by Aqua Empire Sdn Bhd. The scope covers design, supply, construction and commissioning, as well as maintenance and…
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MKH Bhd 2Q profit jumps 58% on disposal gain as Batu Kawan launches RM550m takeover

Jan 1, 1970

PETALING JAYA (May 23): MKH Bhd posted a 58% jump in net profit for its second quarter ended March 31, 2026, despite a sharp decline in revenue, as a one-off disposal gain from its China furniture business offset weaker contributions from its property development and plantation segments. Net profit attributable to shareholders rose to RM28…
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YNH extends RM170 mil land disposal to Sunway unit by another three months

Jan 1, 1970

PETALING JAYA (June 11): YNH Property Bhd has signed a fifth supplemental agreement to extend the conditional period for the proposed disposal of a freehold vacant land parcel in Kuala Lumpur to Sunway Living Space Sdn Bhd for RM170 million. In a Bursa Malaysia filing yesterday, YNH said its wholly owned subsidiary Kar Sin Bhd…
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AYER Holdings posts 59% rise in FY2025 revenue on stronger property segment

Jan 1, 1970

KUALA LUMPUR (March 11): AYER Holdings Bhd (KL:AYER) reported a revenue of RM171.1 million for the financial year ended Dec 31, 2025 (FY2025), a 59% increase from RM107.7 million recorded in FY2024, driven mainly by stronger contributions from its property development segment. According to a statement on Feb 27, profit before tax rose 57% to…
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Encorp, KBI Properties to explore strategic property development opportunities

Jan 1, 1970

KUALA LUMPUR (May 14): Encorp Bhd (KL:ENCORP) has entered into a memorandum of understanding (MOU) with KBI Properties Sdn Bhd to explore strategic partnership opportunities and potential collaborations in the property development sector, according to a press statement issued on Wednesday. The MOU establishes a framework for both parties to jointly assess strategic development initiatives…
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Waringin Residences

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MAIA @ Mont Kiara

MAIA @ Mont Kiara is a freehold condominium ..
Pangsapuri Semai

Pangsapuri Semai is an affordable residential development under ..
D’Evia Residences

D’Evia Residences is a high-rise residential development by ..
Taman Kosas

Taman Kosas is a leasehold landed residential development ..

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