Paragon Pinnacle Sdn Bhd, a subsidiary of EcoWorld, agreed to sell 58.187 acres of industrial land in Eco Business Park V to Pearl Computing, an affiliate of Google. KUALA LUMPUR (Feb 25): Eco World Development Group Bhd (KL:ECOWLD) said on Tuesday it has signed agreements to sell a land for RM266.1 million and build a…
Read MoreSime Darby Property delivers strongest financial and operational performance in FY2024 Sales reached an all-time high of RM4.1 billion, exceeding the FY2024 target by 17%, underscoring the group’s ability to deliver products that meet evolving customer needs. PETALING JAYA (Feb 26): Sime Darby Property Bhd delivered its strongest financial and operational performance to date, marking…
Read MoreKUALA LUMPUR (Feb 25): Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), announced in a Feb 24 statement that all 400 landed Park Home units of The Clove Phase 1 were taken up across its three township developments in Selangor, namely Gamuda Cove in Sepang, Gamuda Gardens in Kundang, and twentyfive7 in Telok Panglima…
Read MoreKUALA LUMPUR (Feb 25): The Malaysia My Second Home (MM2H) programme has recorded a total of 58,468 approvals as of Dec 31, 2024, comprising 28,528 principals and 29,940 dependents, said Tourism, Arts, and Culture Minister Tiong King Sing. Of these, 782 applications were approved under the updated MM2H programme, involving 319 principals and 463 dependents….
Read MoreQuarterly revenue rose 15.39% year-on-year to RM158.38 million from RM137.27 million, boosted by progressive profit recognition from ongoing projects such as Bangsar Hill Park, The Chapter in Sunsuria City and Sunsuria Kejora Business Park – Semi D Industrial (Phase 1) in Puncak Alam. KUALA LUMPUR (Feb 25): Sunsuria Bhd’s (KL:SUNSURIA) net profit for its first…
Read MoreKUALA LUMPUR (Feb 25): Prime Minister Datuk Seri Anwar Ibrahim said on Tuesday that the proposed Urban Renewal Act would not result in forced eviction or a change in land status. The lower consent threshold required for an en bloc sale in the proposed legislation would only allow negotiations with property owners to begin, Anwar…
Read MoreKUALA LUMPUR (Feb 25): UOA Development Bhd (KL:UOADEV) has reported its highest quarterly net profit in four years, thanks to higher progressive recognition of its development projects. Net profit for the fourth quarter ended Dec 31, 2024 (4QFY2024) rose 8% year-on-year (y-o-y) to RM128.21 million, from RM118.72 million in the same period last year, the…
Read MoreThe rejuvenation project of the 1,583 sq ft single-storey detached house, which was formerly used as a shelter for the underserved community, took 18 months to complete and costs RM275,000 to build. AMPANG (Feb 22): YTL Foundation, the charitable arm of YTL Group, and non-governmental organisation (NGO) and not-for-profit grassroots community organisation Yellow House Kuala…
Read MoreDeputy Minister, Datuk Aiman Athirah Sabu, said the parks would promote green spaces and recreational-friendly landscape facilities to improve residents’ well-being and benefit local communities. KUALA LUMPUR (Feb 23): The Ministry of Housing and Local Government (KPKT), through the National Landscape Department, aims to construct 112 MADANI Recreational Parks (TRM) nationwide this year, including eight…
Read MoreKPKT presented 12 commitments to public prosperity during cabinet retreat — Nga Minister Nga Kor Ming said these included achieving the target of 500,000 affordable housing units under the 12th Malaysia Plan, the construction of 5,500 Mesra Rakyat housing units by the National Housing Corporation as well as the MADANI Malaysia Town launch under PR1MA….
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