Kuala Lumpur · 12 stories
Paramount, Mitsui Fudosan in RM1.34b Jalan Ampang JV
Mitsui Fudosan will pay RM23.06m for 49% of the company holding Paramount's 3.7-acre freehold site off Jalan Ampang, bought from IOI Properties for RM257.9m.
Duta enclave: Semantan sues to force sale of 263 acres
The government has until 4 Jan 2027 to defend Semantan Estate's suit to make it sell the Duta enclave, which the company values at RM12b to RM13b, or pay up.
GDB wins its biggest job: RM1.02b ParkCity Residences, KL
GDB will build ParkCity Residences, two towers with 433 homes in Desa ParkCity, for RM1.017b, then won an RM877m logistics hub job in Shah Alam.
LTAT sells Ampang Hilir land to US for RM420m embassy site
LTAT has sold its lease on a 12.5-acre parcel on Jalan U Thant, Ampang Hilir, to the US government for RM420m by tender, for a new US embassy.
AYER buys 9.11 acres on Jalan Kuchai Lama for RM138m
AYER Holdings is buying 9.11 freehold acres on Jalan Kuchai Lama from a Lim family company for RM138 million, about RM348 psf; both titles are agricultural.
KL's priciest home sales of 2026: RM70.5m U-Thant bungalow
A RM70.5 million Taman U-Thant bungalow leads KL's nine priciest home sales of 2026; Penang's top recorded deal, RM12.74 million, would not make the list.
KIP REIT plans mall upgrades, values six factories at RM162m
KIP REIT will upgrade three malls, including a RM160 million AEON extension at Kinta City, and is days from completing its RM435 million Setapak Central buy. Its six sale-and-lease…
AmFIRST REIT sells Menara AmBank for RM331mil, hunting for industrial and healthcare assets - its best performer is a hypermall in Bukit Mertajam
The AmBank-sponsored trust is selling its Kuala Lumpur headquarters tower at a 3.7% yield, cutting gearing from 46.6% to 33.9%, and says the first acquisition in a decade will be a…
IOI Properties halves the debt paydown from its RM7.58bil REIT and doubles the money for new property
IOIPG Malaysia REIT was constituted on 11 September and its nine sale agreements and six hotel master leases are signed. The 14 September filing cuts debt repayment from RM3.04 bil…
Chin Hin buys 2.6-acre Jalan Sultan Ismail site from YNH for RM455 million — about RM4,000 psf
YNH Property is selling a freehold Golden Triangle parcel it has held since 2004 for RM455 million — about 5.9 times its book value, and 9% below an independent valuation. The gap …
E&O and Majestic Gen to Buy Prime Jalan Kia Peng Site for RM189.9mil
An E&O-led joint venture with Majestic Gen is acquiring a 5,682 sq m freehold site on Jalan Kia Peng in the KLCC precinct for RM189.9mil — about RM3,100 psf — for a premium high-ri…
Ajinomoto’s RM603mil Privatisation — and the Land Trade That Sits Underneath It
Ajinomoto (Malaysia) is being taken private at RM20 a share through a selective capital reduction, repaying minority shareholders RM603.4mil. Days before the board backed it, the c…
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