I-Bhd’s 2Q net profit more than doubles on stronger contributions across all businesses Net profit came in at RM11.45 million, up 110% from RM5.45 million a year ago. Earnings per share for 2QFY2025 surged to 0.62 sen from 0.29 sen a year earlier, its bourse filing showed on Thursday. KUALA LUMPUR (Aug 14): Property developer…
Read MoreBamboo Hills Residences, a project by the esteemed Concord Housing Development Sdn. Bhd., is set to redefine modern living with its unique blend of urban convenience and serene, resort-style amenities. This freehold condominium is an upcoming gem in the property market, offering a compelling proposition for homeowners and investors alike. With an anticipated completion in…
Read MoreKUALA LUMPUR (Aug 14): Sime Darby Property Bhd’s The Reya, located in KL East, has previewed Phase 1 and saw a take-up rate of 80% during the event. As for Phase 2 of The Reya, it will be launched this weekend “to meet the growing demand for premium, well-designed homes that prioritise sustainability, multigenerational living…
Read MoreKUALA LUMPUR (Aug 14): Property companies in Malaysia have increased their adoption of environmental, social and governance (ESG) practices, driven by growing concerns over such issues and reflecting their commitment to sustainability, said MBSB Investment Bank. In a research note, the investment bank stated that ESG practices have their benefits, including lower energy consumption, reduced…
Read MoreMarriott Executive Apartments opens largest property in Asia-Pacific outside China in KL Room sizes range from 48 to 139 sq m (517 to 1,496 sq ft) with amenities such as a lap pool, 24/7 fitness centre, rooftop event spaces and family-friendly areas including a children’s splash zone and playroom. KUALA LUMPUR (Aug 14): Marriott Executive…
Read MoreMilla Residence, a condominium project by developer Beverly Wm Sdn. Bhd., is designed to re-envision modern urban living by integrating three core pillars: community, sustainability, and technology. With an expected completion in 2028, this project has already launched with a healthy market uptake. As of August 2025, the project has an absorption rate of 18%,…
Read MoreThe fire caused significant damage to predominantly wooden residences and commercial premises. PETALING JAYA (Aug 13): Persatuan Insurans Am Malaysia (PIAM) has reminded Malaysians of the importance of fire insurance following a fire in Pantai Dalam, Kuala Lumpur that destroyed several homes and businesses on Aug 7. The fire caused significant damage to predominantly wooden…
Read MoreDataran Pavilion (Pavilion Square), developed by the Pavilion Group, is a premier mixed-use development in Kuala Lumpur’s Golden Triangle. The project, which includes serviced apartments, corporate suites, and commercial retail, has demonstrated strong market performance with an approximate 71.3% absorption rate for the reviewed units. Its key selling points are an unbeatable location, seamless connectivity…
Read MoreMilla Residence, a condominium project by developer Beverly Wm Sdn Bhd, is designed to re-envision modern urban living by integrating three core pillars: community, sustainability, and technology. With an expected completion in 2028, this project has already launched with a healthy market uptake. As of August 2025, the project has an absorption rate of 18%,…
Read MoreMAH Sing Group Bhd is making a comeback in the Kuala Lumpur city centre (KLCC) premium property market with the acquisition of the Corus Hotel site along Jalan Ampang for RM260 million. The group has entered into a sale and purchase agreement with Ming Court Hotel (KL) Sdn Bhd to acquire the 1.485-acre freehold parcel,…
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