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Property News

  • Property News

    A home can boost or hinder your health

    Industry experts from a variety of disciplines will open your eyes to building a healthy home. KUALA LUMPUR (Dec 5): Our health is so very dependent on the environment we exist in and one of those environments we spend the bulk of the time in is our abode. Just get an air filter lah or…

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  • Property News

    Sentoria triggers PN17 critera

    KUALA LUMPUR (Dec 4): Sentoria Group Bhd (KL:SNTORIA) said it has triggered Bursa Malaysia’s Practice Note 17 (PN17) criteria after its shareholders’ equity fell to 33% of its issued and paid-up capital, based on its just released financial statement for the year ended Sept 30, 2024 (FY2024). The company noted that its auditors had previously…

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  • Property News

    SAMA Square fully opens with 100% occupancy

    KUALA LUMPUR (Dec 5): SAMA Square in Setapak has fully opened on Nov 30. The 24-hour lifestyle hub developed by SkyWorld Development Bhd spans 4.15 acres, while offering 58,000 sq ft of retail space across 31 fully occupied lots and provides 449 parking bays for visitors. Food and beverage brands that are now opened include…

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  • Property News

    Radium Development acquires a 2.56-acre parcel for RM45m in Bandar Ampang, Selangor

    Radium Development acquires a 2.56-acre parcel for RM45m in Bandar Ampang, Selangor The newly acquired site, located near Kuala Lumpur City Centre and directly accessible by major highways and the Cempaka LRT Station, represents a promising transit-oriented development opportunity for Radium “with direct appeal to urban residents and businesses seeking accessibility”, stated the company. KUALA…

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  • Property News

    Malton seeks to raise up to RM19.5m via private placement to fund ongoing property projects

    Malton seeks to raise up to RM19.5m via private placement to fund ongoing property projects Of the proceeds, RM12 million will be allocated to support the group’s ongoing property development projects, including River Park (prime serviced apartments in Bangsar South with an estimated gross development value (GDV) of RM1 billion) and Park Green (low-density freehold…

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  • Five of 12 pending River of Life projects scrapped, says minister

    KUALA LUMPUR (Dec 4): The government has cancelled five of 12 outstanding ‘River of Life’ projects following a review, as they are deemed “less significant” towards achieving the programme’s objectives, said Minister at the Prime Minister’s Department (Federal Territories) Zaliha Mustafa. The River of Life programme, which aims to rehabilitate and beautify the Klang and…

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  • Property News

    CapitaLand Malaysia Trust acquires automated logistics property for RM180m

    KUALA LUMPUR (Dec 2): CapitaLand Malaysia Trust (KL:CLMT) on Monday entered in an agreement to  acquire its first automated logistics property, Elmina Logistics Hub, for RM180 million. CLMT’s manager, CapitaLand Malaysia REIT Management Sdn Bhd (CMRM), said the property, located within the Elmina Business Park in Selangor, features a state-of-the-art automated storage and retrieval system,…

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  • Property News

    Pesona Metro bags RM182m condo construction job in Cyberjaya

    KUALA LUMPUR (Dec 3): Construction and trading group Pesona Metro Holdings Bhd (KL:PESONA) has secured a RM181.8 million contract for the construction of two blocks of 28-storey condominiums  in Cyberjaya. The developer of the project, comprising 606 units of condominiums on Persiaran Semarak Api in Cyber 11, is Lakefront Residence Sdn Bhd, a wholly-owned subsidiary…

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  • Property News

    Encorp fires CEO after internal probe linked to MACC charge

    KUALA LUMPUR (Dec 3): Property developer Encorp Bhd (KL:ENCORP) announced on Monday that it has removed its group chief executive officer, Hazurin Harun, with immediate effect following an internal investigation by the board of directors. Hazurin, who was suspended from the group CEO role in August, was charged by the Malaysian Anti-Corruption Commission (MACC) in…

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Sixteen Residences

Sixteen Residences

Sixteen Residences is an emerging residential project in the vibrant town of Subang Jaya, Selangor. Imaginatively developed by Sixteen Residences...
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