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Property News

  • ETA Group to acquire Bandar Sri Damansara industrial property for RM16.5 mil

    Jan 1, 1970

    PETALING JAYA (May 28): Property and construction group ETA Group Bhd, formerly known as Rex Industry Bhd, is proceeding with the proposed acquisition of a freehold industrial property in Bandar Sri Damansara, Selangor, for RM16.5 million in cash. In a Bursa filing on Tuesday (May 26), the company said the acquisition will be undertaken by…

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  • Urban renewal or administrative fantasy? Why many of the 139 identified areas may never be redeveloped

    Jan 1, 1970

    Housing and Local Government Minister Nga Kor Ming has repeatedly referred to 139 potential redevelopment areas in Kuala Lumpur in discussions surrounding the proposed Urban Renewal Act (URA). According to government statements, these areas comprise 91 residential locations together with 48 commercial, industrial, institutional and government-owned lands. The “fantasy” argument advanced is simple: Kuala Lumpur…

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  • Avaland 2Q net profit rises 41% q-o-q to RM17.1m

    Jan 1, 1970

    PETALING JAYA (Aug 28): Avaland Bhd’s net profit rose 41% quarter-on-quarter (q-o-q) to RM17.1 million for the second quarter ended June 30, 2026 (2QFY2026), from RM12.1 million in 1QFY2026. In a press release on Thursday (Aug 27), Avaland said quarterly revenue rose 17% to RM174.3 million from RM149.4 million in the preceding quarter, driven by…

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  • IJM reviewing key businesses, assets after rebuffing Sunway’s offer

    Jan 1, 1970

    KUALA LUMPUR (March 16): IJM Corporation Bhd (KL:IJM) said it is reviewing the strategy for its key businesses, including monetising part of its vast land bank at its property division, after rebuffing a takeover offer. The intention is to gradually shrink its land bank that now spans around 3,000 acres while shifting towards smaller, faster-turnaround…

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  • KRI calls for sustainable housing financing as debt pressures weigh on middle-income households

    Jan 1, 1970

    KUALA LUMPUR (May 20): Malaysia’s housing financing structure may require a more sustainable approach as longer mortgage tenures are increasingly placing financial pressure on middle-income households and affecting long-term economic well-being. Khazanah Research Institute’s (KRI) research director Dr Suraya Ismail said extended financing periods of up to 30 years, as well as previous discussions surrounding…

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  • The Binjai on the Park unit with KLCC Park views listed at RM9.3m

    Jan 1, 1970

    This article appeared in the June 11, 2026 issue of the monthly print edition. Subscribe now. Situated along Jalan Binjai and Persiaran KLCC, The Binjai on the Park sits strategically in the nexus of the Kuala Lumpur city centre and its surrounding lifestyle amenities. Positioned adjacent to KLCC Park, the freehold luxury condominium is known…

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  • OIB launches 616-unit Gardens Idaman in Rawang

    Jan 1, 1970

    PETALING JAYA (Aug 17): Oriental Interest Bhd (OIB) has launched Gardens Idaman, a 616-unit affordable housing development in Rawang, Selangor, with a gross development value (GDV) of RM163.8 million. In a press release on Monday (Aug 17), OIB said the 11.23-acre leasehold development, officially known as Myra Idaman under Selangor’s Rumah Idaman programme, comprises semi-furnished…

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  • NCT Alliance hands over NCT Smart Industrial Park Phase 1, launches KM2

    Jan 1, 1970

    PETALING JAYA (Sept 8): NCT Alliance Bhd has begun handing over vacant possession (VP) for the first phase of its NCT Smart Industrial Park (NSIP) in South Selangor, while launching the 241-unit KM2 component of Phase 2. In the event today, the property developer said Phase 1 comprises 280 solar-equipped industrial units and has achieved a…

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  • Glomac unveils 16 Legacy semidee enclave in Saujana Rawang

    Jan 1, 1970

    PETALING JAYA (May 12): Glomac Bhd has unveiled 16 Legacy, an intimate collection of 16 two-storey semi-detached homes within its Saujana Rawang township in Selangor, with a total gross development value (GDV) of approximately RM21 million. Priced from RM1.2 million per unit, it said in its statement yesterday that 16 Legacy is positioned as a…

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Residensi Citra

Residensi Citra

From RM290,000 / 23/09/2026
Residensi Citra is a Rumah Selangorku development in Alam Impian, Shah Alam, by TransLoyal Development Sdn Bhd. The project comprises...
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