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Property News

  • Talam Transform’s July 10 EGM allowed to proceed by court amid boardroom battle

    Jan 1, 1970

    KUALA LUMPUR (June 23): Talam Transform Bhd (KL:TALAMT) said the High Court on Monday approved the holding of an extraordinary general meeting (EGM) sought by a group of shareholders seeking to remove the company’s board while imposing restrictions to preserve the status quo pending the meeting. In a Bursa Malaysia filing, the property developer said both…

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  • After MACC clearance, IJM’s Krishnan Tan says was always innocent, can now move on

    Jan 1, 1970

    KUALA LUMPUR (May 15): Following months of scrutiny, IJM Corporation Bhd (KL:IJM) non-executive chairman Tan Sri Krishnan Tan (pictured) says he had always maintained his innocence, after being cleared of all graft allegations in the high-profile Sunway takeover investigation. Minutes after IJM announced on Bursa Malaysia about the Malaysian Anti-Corruption Commission’s (MACC) clearance of his…

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  • 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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  • MACC proposes governance changes for two Felda projects

    Jan 1, 1970

    PETALING JAYA (Oct 1): The Malaysian Anti-Corruption Commission (MACC) has proposed changes to procurement, transaction controls and the advisory structure governing two Federal Land Development Authority (Felda) projects. The recommendations cover the Agro Park (Commercial) Project and Cattle Trading Pilot Project, and involve Felda subsidiaries FIC Supplies Sdn Bhd and FIC Integrated Property Management (FIC…

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Araca @ Taman Bunga Raya

Araca @ Taman Bunga Raya

From RM760,058 / 06/11/2026
Araca is a guarded residential development by Ralis Group Sdn Bhd, located in Taman Bunga Raya, Klang. Spanning approximately 4.125...
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