Property News Archives

Property News

EdgeWood Residences where sustainability meets wellness in urban living

Feb 18, 2025

In today’s fast-paced urban landscape, finding a home that balances well-being, sustainability, and modern comfort can be challenging. SkyWorld Development Berhad (“SkyWorld” or “the company”) addresses this need through its SkyWorld Healthy Home product design principle—an innovative approach that integrates passive design strategies, smart innovations, and eco-conscious features to create a healthier and more comfortable…
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GDB wins RM83m in new adjudication involving payments for 8 Conlay project

Feb 18, 2025

KUALA LUMPUR (Feb 18): Construction company GDB Holdings Bhd (KL:GDB) announced it has received a favourable adjudication decision in its dispute with KSK Land Sdn Bhd over payments to be paid following KSK Land’s termination of GDB’s unit as a main contractor for the 8 Conlay project. In a bourse filing on Tuesday, GDB said…
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YNH Property to release independent review of JV and turnkey contracts by March 17

Feb 18, 2025

KUALA LUMPUR (Feb 17): YNH Property Bhd (KL:YNHPROP) said Messrs UHY has completed the independent assessment of certain joint ventures (JVs) and turnkey contracts entered into by its wholly owned subsidiary Kar Sin Bhd. Barring any unforeseen circumstances, the property developer expects the final special independent review (SIR) report to be completed and issued by…
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SUKE subcontractors file RM500m lawsuit against Prolintas subsidiary, alleging corruption and conspiracy

Feb 18, 2025

KUALA LUMPUR (Feb 18): Two subcontractors involved in the construction of the Sungai Besi-Ulu Klang Elevated Expressway (SUKE) are suing a unit of Projek Lintasan Kota Holdings Sdn Bhd (Prolintas), which is wholly owned by Permodalan Nasional Bhd (PNB), for over RM500 million. The subcontractors — Syarikat Muhibah Perniagaan dan Pembinaan Sdn Bhd (SMPP) and…
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RM4m project: No criminal element in alleged misconduct by DBKL advisory board member, says MACC

Feb 18, 2025

KUALA LUMPUR (Feb 18): The Malaysian Anti-Corruption Commission (MACC) has found no criminal elements in the alleged misconduct of a Kuala Lumpur City Hall (DBKL) advisory board member linked to the awarding of a RM4 million project. MACC chief commissioner Tan Sri Azam Baki said the conclusion was reached after reviewing documents provided by DBKL on…
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Dianthus serviced residences at Tropicana Gardens PJ receives GBI Silver certification

Feb 18, 2025

Dianthus serviced residences at Tropicana Gardens PJ receives GBI Silver certification Dianthus comprises 271 units with built-ups ranging from 601 to 1,401 sq ft. Unit selling prices start from RM825,000 each, and all units have been fully sold. KUALA LUMPUR (Feb 18): Tropicana Corp Bhd’s (KL:TROP) Dianthus serviced residences in Tropicana Indah, Petaling Jaya, has obtained…
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Chin Hin’s Chiau family buys 5.4% in K Seng Seng for RM8.3m

Feb 18, 2025

KUALA LUMPUR (Feb 18): Chin Hin Group-linked Chiau Haw Loon and Chiau Haw Yew have emerged as the third largest shareholder of K Seng Seng Corporation Bhd (KL:KSSC) after acquiring a 5.4% stake in the company via a direct business transaction. The brothers, via private entity Enrich Signature Sdn Bhd, bought 10 million shares in…
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ALAIA Titiwangsa to be relaunched under the Windsor Collection

Feb 14, 2025

KUALA LUMPUR (Feb 14): ALAIA Titiwangsa is set to be relaunched under the Windsor Collection, following the acquisition of Black Lotus Development Sdn Bhd, the project’s original developer, by Kenneth Lau, chairman of Multifield International Holdings Ltd, Hong Kong. The serviced apartment development with a gross development value of RM285 million located in Taman Tiara…
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China to pay GUH Holdings RM119m for compulsory purchase of Suzhou industrial land

Feb 14, 2025

China to pay GUH Holdings RM119m for compulsory purchase of Suzhou industrial land In a filing on Thursday, GUH said its wholly-owned subsidiary GUH Circuit Industry (Suzhou) Co Ltd has entered into a compensation agreement with the Suzhou High-Tech Zone Shishan Business Innovation District Management Office (SHZ Management Office) for the compulsory disposal of the…
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Thriven Global hit by arbitration claim over RM7.21 mil worth of alleged unpaid dues plus late interests

Feb 14, 2025

Thriven Global hit by arbitration claim over RM7.21 mil worth of alleged unpaid dues plus late interests Setiakon is claiming about RM4.43 million that it alleged is an outstanding amount that Mayfair has yet to pay, plus RM2.78 million of late interests. Mayfair is disputing the claimed amounts, according to Thriven’s filing with Bursa on…
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