News by Chung Ying Yi

IJM Land Bhd saw more than 85% of Phase 1 units of the IKON @ Centrio development located in the Seremban 2 township in Negeri Sembilan taken up during its launch over the weekend, according to a press statement.

Managed and operated by Hyatt Hotels Corp, the four-star hotel is developed by Malton Bhd, owned by Mygres Ceramiche Sdn Bhd, and constructed by Siab Holdings Bhd.

Developed via a joint venture (JV) between Permodalan Nasional Bhd (PNB) through its indirect wholly-owned subsidiary MIDF Property Bhd; KWEST Sdn Bhd, a wholly-owned subsidiary of Kumpulan Wang Persaraan (Diperbadankan) (KWAP); and AREA Group of Companies, through their subsidiary AREA Industrial Development Holdings Sdn Bhd, the industrial development is a 220-acre freehold, green certified project with a gross development value of RM1.2 billion.

Global hospitality company Hilton has announced six landmark signings in Asia-Pacific (Apac) across its portfolio of luxury brands, namely Waldorf Astoria Xi'an, Waldorf Astoria Shanghai Qiantan, Waldorf Astoria Kuala Lumpur, Waldorf Astoria Sydney, Conrad Nagoya and an LXR Hotels & Resorts property in Bali, according to a press statement.

DK-MY Properties Sdn Bhd has lined up seven upcoming commercial and residential projects slated to be launched by 2025 in the Klang Valley, with a total gross development value (GDV) of RM4.5 billion.

According to Tong, the expo will offer a wide range of properties, from affordable housing units to high-end/premium units. “This is an opportunity for everyone and we strongly encourage people who are still looking to buy properties to come to the expo, as properties can be a good hedge against inflation because property values over time tend to stay on a steady upward curve.”

OSK Property has launched its low-density leasehold residential development called LEA by the Hills in Taman Melawati, Selangor on Saturday (July 2).

KSK Land has announced the structural completion of Tower B of YOO8 serviced by Kempinski in 8 Conlay, Kuala Lumpur.

“ARCHIDEX is a multidimensional business platform and marketplace for every member of the architecture, interior design and building community to connect, collaborate and create new business ventures and bridges, as well as to advance our economy and society further,” said C.I.S. president Datuk Vincent Lim during the launch of ARCHIDEX.

Lagenda has worked together with the local community and planted 1,000 mangrove trees to date to counter the damage caused by aquaculture fishing and deforestation over the years. Mangrove forests are one of the most productive and biodiverse wetland environments on earth producing 10 times the oxygen compared with tropical forests.