"Pavilion REIT announces plans to acquire Banyan Tree KL and Pavilion Hotel KL for RM480 million. The acquisitions aim to diversify its portfolio and will be financed through a private placement of up to RM552 million." Kuala Lumpur, 06th Dec 2024, 2.22pm - Pavilion Real Estate Investment Trust (Pavilion REIT) has announced plans to acquire Banyan Tree Kuala Lumpur and Pavilion Hotel Kuala Lumpur for a...
"Deputy Prime Minister Ahmad Zahid Hamidi announces plans to rebuild or repair rural homes damaged by floods, launch a relief fund, and mobilize the Ihsan Madani Squad for post-flood recovery efforts." Kuala Lumpur, 05th Dec 2024, 1.39pm - The Ministry of Rural and Regional Development (KKDW) will assist rural flood victims by repairing or rebuilding damaged homes, announced Deputy Prime Minister Datuk...
"Radium Development acquires a 2.56-acre parcel in Bandar Ampang for RM45 million. The RM470 million GDV transit-oriented project will include 1,128 residential units and commercial spaces, supporting urban sustainability in Klang Valley." Kuala Lumpur, 03rd Dec 2024, 10.45am - Radium Development Bhd has purchased a 2.56-acre leasehold parcel in Bandar Ampang, Selangor, for RM45 million through its...
"MRT Corp opens tender for the RM10 billion Penang LRT Mutiara Line project, inviting local and foreign companies to bid. The 29km line will feature up to 20 stations, enhancing connectivity in Penang." Kuala Lumpur, 03rd Dec 2024, 10.45am - Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has opened the tender process for the Penang Light Rail Transit (LRT) Mutiara Line project, with a federal allocation of...
"IJM Land's Savvy serviced apartments in Riana Dutamas, Segambut, achieve an 85% Qlassic score and early completion. The RM590 million project offers 921 units starting at RM454,000. Stellaris, the final phase, launches soon with 1,143 units and transit-oriented amenities." Kuala Lumpur, 02nd Dec 2024, 03.15pm - IJM Land Bhd's Savvy serviced apartment, part of the 16-acre Riana Dutamas master plan in...
"PKNS has unveiled a RM3 billion SA Sentral and Section 13 development plan in Shah Alam, featuring a convention centre, serviced apartments, and a TOD-based hospital. The seven-year project aims to boost connectivity, green spaces, and socioeconomic growth." Kuala Lumpur, 29th Nov 2024, 01.43pm - The Selangor State Development Corporation (PKNS) has announced an ambitious seven-year development plan...
"Radium Development partners with GreenRE to promote sustainable building practices, achieving GreenRE certifications for key projects. Discover its eco-friendly initiatives and plans for R Suites Chancery Residences." Kuala Lumpur, 28th Nov 2024, 02.45pm - Radium Development Bhd has partnered with GreenRE Sdn Bhd to enhance sustainability in its real estate projects. The two companies signed a...
"The Public Accounts Committee (PAC) urges MARA and its entities to prioritise local investments, strengthen financial management, and align property acquisitions with government policies following findings of overvalued purchases in London and Melbourne." Kuala Lumpur, 27th Nov 2024, 01.54pm - The Public Accounts Committee (PAC) has urged the Rural and Regional Development Ministry (KKDW), Majlis...
"KL Wellness City’s first phase in Bukit Jalil, featuring KL International Tertiary Hospital and The Nobel Healthcare Park, is 40% complete and on track for full completion by Q1 2026. The RM900 million development includes medical suites, business spaces, and wellness-focused residences." Kuala Lumpur, 26th Nov 2024, 10.16am - The first phase of the KL Wellness City development in Bukit Jalil has...
"Berjaya Hartanah launches Oaka Residences in Bukit Jalil, offering premium condominiums with a GDV of RM373 million. Designed for families and professionals, the project boasts modern facilities and excellent connectivity." Kuala Lumpur, 25th Nov 2024, 02.44pm - Loss-making lingerie manufacturer Classita Holdings Bhd is exploring diversification into the property investment sector to boost its...
