INTERACTIVE: The rise and fall of towns in Malaysia

PETALING JAYA: Younger people moving in and out of states is why many towns in Malaysia saw big jumps in population over the past 10 years. Based on available data, Mukim Pulai in Johor is the number one sub-district that saw the largest spike in population of all the places in the country. From 360,000...

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IWC Unveils RM4.3 Billion Master Development Plan for the Next Decade

KUALA LUMPUR – Iskandar Waterfront City Berhad (IWCITY), a prominent real estate developer, is proud to announce its strategic master development plan for the next 10 years. With a landbank of approximately 1,000 acres holding freehold status, IWCITY is poised for significant growth and development. The company’s development pipeline includes the phased development of 146 acres, with a total Gross Development Value...

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Penang offers Byram land for JV project via open tender

GEORGE TOWN: Penang has invited experienced companies to co-develop an industrial park in Batu Kawan, which was previously mired in controversy, through an open tender. Chief minister Chow Kon Yeow said the Batu Kawan Industrial Park Phase 2 (BKIP 2) project will now be jointly developed by the Penang Development Corporation (PDC) and the private...

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SNC inks RM1.8bil property deal with businessman Tedy Teow

PETALING JAYA: Furniture manufacturing and property group Sand Nisko Capital Bhd (SNC) has unveiled plans to develop a RM1.75 billion mixed development project in Melaka in partnership with colourful businessman Tedy Teow. Teow is the Penang-born founder of the Mobility Beyond Imagination Group (MBI). In a Bursa Malaysia filing yesterday, SNC said its wholly-owned subsidiary,...

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Sunway and Hoi Hup awarded 2ha land in Singapore for S$423mil housing development

KUALA LUMPUR: Sunway Bhd’s unit and Singapore-based Hoi Hup Pte Ltd, have been awarded a 2-hectare land to develop a 99-year lease term executive condominium housing development worth S$423.38 million in Tengah, Singapore by the Housing and Development Board of Singapore. Sunway’s subsidiary, Sunway Developments Pte Ltd (SDPL)  and Hoi Hup jointly tendered for the...

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Titijaya buys 97 medium cost flats from Bank Negara for RM44.5mil

PETALING JAYA: Titijaya Land Bhd has entered into 97 separate sale and purchase agreements with Bank Negara for the proposed acquisition of five-storey, medium-cost flats in Subang Jaya, Selangor for RM44.5mil. In a filing with Bursa Malaysia, Titijaya said it is acquiring 97 units of two-bedroomed flats to be redeveloped into mixed commercial properties. “The proposed acquisition...

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