KOTA BHARU (Nov 27): The Madani government has allocated RM156 million for various development projects across Kelantan, said Housing and Local Government Minister Nga Kor Ming. Nga said the funding would support infrastructure improvements and public facility upgrades throughout the state, as part of the Sentuhan Kasih 2.0 tour in the state on Wednesday. “This...
Read moreCYBERJAYA: The Selangor State Development Corp (PKNS) is set to launch 12 projects with a gross development value (GDV) of RM1.5bil next year, reflecting its commitment to advancing Selangor’s property market, says group chief executive officer Datuk Mahmud Abbas. Speaking at the PKNS Pilih Karnival at Selangor Cyber Valley (SCV) last Saturday, he said six...
Read moreKUALA LUMPUR (Nov 15): KIP Real Estate Investment Trust (KL:KIPREIT) has acquired a 1.15-acre, or 4,663 sq m, property in Gerik, Perak for RM14.8 million. According to a press release on Tuesday (Nov 14), the new asset features a single-storey hypermarket, basement car park and office space. It has a net lettable area (NLA) of 60,895 sq ft...
Read moreSingapore’s Keppel said on Tuesday it had agreed to buy an artificial intelligence-ready data centre facility being developed by Japan’s biggest property group Mitsui Fudosan in Tokyo. The deal comes less than two weeks after the asset manager said it plans to more than double its data centre funds under management from S$9 billion (US$6.84...
Read moreKUALA LUMPUR (Nov 7): Mah Sing Group Bhd (KL:MAHSING) has acquired a 5.24-acre (2.12-hectare) freehold parcel in Old Klang Road here for approximately RM113 million from Team Keris Bhd to develop a new transit-oriented development (TOD) named M Aurora. The sale and purchase agreement was inked on Thursday, and the project is expected to be...
Read moreKUALA LUMPUR (Nov 6): As Malaysia’s technology landscape matures, it’s becoming a prime target for global tech giants like Google, Microsoft, and Nvidia. Each of these industry leaders is racing to find the best spot to establish a data centre in our country, recognising its strategic potential as a regional tech hub. But where are...
Read morePETALING JAYA: AME Real Estate Investment Trust(AME-REIT), which is maintaining a 100% occupancy rate across its assets, is actively seeking lucrative assets as part of its growth strategy. I REIT Managers Sdn Bhd chief executive officer and executive director Chan Wai Leo said the REIT is committed to expanding its portfolio with assets that generate attractive...
Read moreBUKIT MERTAJAM: Property developer Suling Hill Development Sdn Bhd has launched the Northern TechValley @ BKE, an industrial park project projected with a gross development value (GDV) of RM1.3 billion. Located alongside Butterworth-Kulim Expressway (BKE), Northern TechValley @ BKE is a joint venture between Suling Hill and leading industrial space solutions provider AME Elite Consortium...
Read moreKUALA LUMPUR: The government’s proactive measures in the 2025 Budget showcase a strong commitment to supporting first-time homebuyers in Malaysia, said Kenneth Soh, Country Manager for Malaysia at PropertyGuru and iProperty. He noted that affordability remains a major concern, and the government’s allocation of RM900 million for the People’s Residence Programme (PRR) and Rumah Mesra...
Read moreGeorge Town: Industrial land prices in Penang have increased by about 10% compared to a year ago. One Asia Property Consultants (Pg) Sdn Bhd executive director Chandra Mohan Krishnan said the market price in the state ranged between RM65 and RM85 per sq ft. The price depends also on the property’s location, whether it is...
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