Berjaya Corp buys RM408.8m Yokohama land for development of Four Seasons project

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 more

PTT Synergy to buy industrial land in Klang from Sime Darby Property

KUALA 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 more

Sunway Property secures RM800mil in bookings for Signature developments

KUALA 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 more

Putrajaya MRT Line Phase 2 to start operation in March 2023

KUALA 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 more

GDB lands RM247m contract to design and build logistic hub

KUALA 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 more

The Ascott launches Citadines Connect hotel in Georgetown, Penang

KUALA 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 more

Keppel acquires office tower in Seoul’s CBD for $228.7 mil

SINGAPORE (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 more

Younger generation drawn to Darulaman Lagenda in Kedah

Darulaman 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...

Read more
You have already added 0 property


Forgot Password?