SDPLOG reaches target RM1 bil in final close of industrial development fund
The Sime Darby Property Bhd and LOGOS SE Asia Pte Ltd (LOGOS Property) joint venture (SDPLOG) today announced the successful close of its industrial development fund.
UEM Sunrise proposes landmark development at The Oval Subiaco East in Perth, Australia
UEM Sunrise Bhd submitted the development application (DA) of its first residential development in Subiaco East in Perth, Western Australia for Lots 1 and 2 at The Oval, Subiaco East, to deliver two landmark apartment buildings.
NCT launches final phase of Ion Belian Garden
NCT Group (NCT Platinum Sdn Bhd) recently unveiled the final phase of its Ion Belian Garden project, Precinct B-Phase 2, featuring single-storey terrace houses.
No impact from diesel subsidy rationalisations, says UEM Sunrise
The end of the diesel fuel subsidy would not impact UEM Sunrise’s performance and service delivery, the developer assured stakeholders in a media release yesterday.
Public parks in 7 popular residential towns in Klang Valley
According to a report by URBANET, “property values tend to increase in proximity to green spaces”, making buying a home close to parks in the neighbourhood a smart investment.
Radium Development reports revenue of RM27.53 million in 1QFYE2024
Radium Development Bhd today announced that it generated revenue of RM27.53 million in 1QFYE2024 and reported a profit after tax (PAT) of RM2.33 million for the quarter.
DONE DEAL: Bungalow, Ukay Heights, Ampang, Selangor
Noteworthy:
- Freehold
- Built-up size: 8,000 sq ft
- Land size: 26,000 sq ft
- 9 bedrooms, 7 bathrooms
- Semi-furnished
- Nearby amenities: LRT Ampang, KPJ Ampang Puteri Specialist Hospital, Gleneagles Hospital, Royal Selangor Polo Club, Lotus Ampang, KDE Driving Range, Mutiara International Grammar School, Stella Maris Primary School
- Accessibility: AKLEH, SUKE, MRR2, Jalan Ampang
When: May 2024
Avaland Bhd sees 60% take-up rate for Amika Residences within two months of launch
Avaland Bhd officially launched Amika Residences in March this year, a freehold project in Subang Jaya, which has since achieved a take-up rate of 60%.
DONE DEAL: Factory, Gelang Patah, Johor
Noteworthy:
- Freehold
- Built-up size: 43,777 sq ft
- Unfurnished
- Nearby amenities: Various residential communities, F&B outlets, schools, Sultan Ibrahim Stadium, parks and green spaces, Iskandar Puteri Fire and Rescue Station, 28 mins from Bukit Chagar RTS station
- Accessibility: Pontian Highway, Malaysia-Singapore Second Link, Iskandar Coastal Highway, Jalan Gelang Patah
When: February 2024
Office fit-out costs in Singapore rise to S$188 psf, highest in Southeast Asia
The average cost of fitting out an office in Singapore rose 4.4% from S$180 (RM627) psf in 2022 to S$188 psf last year, according to a report by international property consultancy Cushman & Wakefield (C&W).
