KUALA LUMPUR (Dec 28): A unit of Berjaya Corp Bhd (BCorp) is acquiring six parcels of freehold land collectively measuring about 20,977.15 square metres in Yokohama, Japan, for ¥12.66 trillion (RM408.82 million) cash. BCorp said its wholly owned subsidiary Berjaya Yokohama Hospitality Asset TMK is contemplating the development of a Four Seasons Yokohama Harbour Edge...
Read moreKUALA LUMPUR (Dec 29): PTT Synergy Group Bhd has proposed to acquire a piece of industrial land in Bandar Bukit Raja, Klang from Sime Darby Property Bhd for RM12.25 million. The freehold land, measuring 4,987 sq m, has a double-storey detached factory erected on it, PTT Synergy said in a Bursa Malaysia filing. PTT Synergy’s wholly owned sub-subsidiary,...
Read moreKUALA LUMPUR (Dec 28): Tiong Nam Logistics Holdings has entered into a joint venture (JV) agreement with Johor Corp to develop a high-tech logistics industrial park on a 300-acre land at Sedenak Technology Valley, Johor. In a statement on Wednesday (Dec 28), Tiong Nam said its wholly owned subsidiary Tiong Nam Logistics Solutions Sdn Bhd (TNLS) inked the...
Read moreSINGAPORE (EDGEPROP) – The Housing and Development Board (HDB) has announced that two land parcels under the 2H2022 Government Land Sales (GLS) programme have been launched for sale today, December 23. The first site is a mixed-use, commercial and residential plot at Tampines Avenue 11, while the other site is an Executive Condo (EC) site...
Read moreKUALA LUMPUR: Sunway Bhd’s property development arm, Sunway Property, has recorded RM800 million in bookings for its eight Signature developments from the recent Signature Series 2022 Campaign. Achieving a whopping 1,131 unit bookings, the campaign ended last month and featured eight of Sunway Property’s Signature projects – Sunway Alishan, Sunway Flora, Jernih Residence, Sunway Artessa,...
Read moreKUALA LUMPUR (Dec 23): Putrajaya MRT Line Phase 2 will be fully operational from March 2023, as the construction of the line has been completed. Mass Rapid Transit Corp Sdn Bhd (MRT Corp) in a statement on Friday (Dec 23) said that the construction of the line from the Kampung Batu station to Putrajaya Sentral is in the operational readiness phase....
Read moreKUALA LUMPUR (Dec 22): GDB Holdings Bhd has secured a RM247 million design-and-build contract to construct a logistic hub in the Bandar Bukit Raja 2 Industrial Park in Klang. In a statement on Thursday (Dec 22), the company said its unit Grand Dynamic Builders Sdn Bhd (GDBSB) had accepted a letter of award dated Dec 19 from SDPLOG 1...
Read moreKUALA LUMPUR (Dec 21): The Ascott Ltd, wholly owned by CapitaLand Investment Ltd, launched Citadines Connect in Lebuh Noordin, Georgetown, Penang on Tuesday (Dec 20). Citadines Connect is a hotel situated in a two-storey pre-war building, and marks Ascott’s third operating property in Penang. In a press statement, Ascott’s country general manager for Malaysia Mondi Mecja explained that the...
Read moreSINGAPORE (EDGEPROP) – Keppel Corporation, on Dec 19, announced that it has proposed to acquire Samhwan Building, a freehold 15-storey office tower located in Seoul, South Korea, at a purchase price of KRW220 billion ($228.7 million). Keppel Land Limited, Keppel Asia Macro Trends Fund IV (KAMTF IV) and KB Bank Discretionary Fund, have entered into...
Read moreDarulaman Lagenda’s first phase, which included 282 units of reasonably priced landed homes sold out fully within a few days of the development’s launch, says Lagenda Properties Bhd managing director, Datuk Jimmy Doh. The enormous support from younger generations supported the high demand, he said. According to sales data, 53 per cent of buyers were...
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