Property News Archives

Radium marks Vista Adesa topping-out, targets 2Q2027 completion

Jan 1, 1970

PETALING JAYA (July 20): Radium Development Bhd has marked the structural completion of Vista Adesa, its 1,218-unit Residensi Wilayah project in Sungai Besi, Kuala Lumpur, with a topping-out ceremony, as the development remains on track for completion in the second quarter of 2027. In a statement today, the developer said the ceremony, attended by its…
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Rehda WP Kuala Lumpur unveils new leadership for 2026–2028 term

Jan 1, 1970

PETALING JAYA (May 22): The Real Estate and Housing Developers’ Association (Rehda) Wilayah Persekutuan (Kuala Lumpur) has elected a new branch committee for the 2026–2028 term following its Annual General Meeting (AGM) held yesterday, at Wisma Rehda here. Leading the new lineup is Rehda WP Kuala Lumpur chairman Datuk David Lim Boon Huat of Aikbee…
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Setia Awan Land to officially launch RM1.4 bil Tanjong Malim Hi-Tech Park in September

Jan 1, 1970

KUALA LUMPUR (Aug 3): Setia Awan Land Sdn Bhd officially opened its Tanjong Malim Hi-Tech Park Sales Gallery on Aug 2 and provided additional information that the industrial park will be officially launched in September. The project represents the developer’s first foray into industrial property, it said in a press release. The RM1.4 billion Tanjong…
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Trinity Group marks topping out of RM395 mil Trinity Rainfora as Phase One hits full sell-out

Jan 1, 1970

KUALA LUMPUR (May 13): Trinity Group Sdn Bhd on Tuesday marked a construction milestone with the topping-out ceremony of Trinity Rainfora in Bandar Kinrara, according to a statement on May 12. The rainforest-inspired transit-oriented development reached this milestone as Phase One (Block A) recorded a full sell-out ahead of schedule. Following the 100% take-up of…
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KHK Land inks MoU with AFFIN Bank for flexi-financing at Anyara Hills in Semenyih

Jan 1, 1970

SEMENYIH (May 27): KHK Land and AFFIN Bank signed a memorandum of understanding (MoU) at Anyara Hills yesterday in relation to flexi financing plans for the development. Located in Semenyih and set against the backdrop of the Banjaran Titiwangsa range, Anyara Hills is a 584-acre freehold master-planned development featuring one-acre private land lots. According to…
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Malaysia’s data centres using only half of approved power, water capacity, says minister

Jan 1, 1970

KUALA LUMPUR (June 25): Data centres in Malaysia are currently using only about half of the electricity and water capacity approved for them, Minister of Energy Transition and Water Transformation Datuk Seri Fadillah Yusof said. As of April 2026, actual electricity consumption by data centres stood at 1,102 megawatts (MW), compared with the maximum approved…
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YNH Property expects RM305.9 mil net gain from Jalan Sultan Ismail land sale

Jan 1, 1970

PETALING JAYA (July 11): YNH Property Bhd (YNHP) has provided additional disclosures on its RM455 million disposal of a freehold commercial development parcel along Jalan Sultan Ismail in Kuala Lumpur, including details on the property’s valuation, audited net book value, estimated gain on disposal and key terms of the redeemable preference shares (RPS) forming part…
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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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Sunsuria hits 88% take-up for Talisa

Jan 1, 1970

KUALA LUMPUR (July 21): Sunsuria Bhd’s (KL:SUNSURIA) second residential phase of Bangsar Hill Park, Talisa, has achieved an 88% take-up rate, according to a press statement issued on Saturday (July 18). Targeted for completion in mid-2028, Talisa features residential units ranging from 917 to 1,478 sq ft, with layouts from two-bedroom to 3+1 bedrooms configurations….
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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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