Sime Darby Property (“Sime Darby Property” or the “Company”) has received a positive market response for Arina, the first single-storey linked homes in Bandar Ainsdale, with all 118 units taken up within hours of its launch on 18 January 2025.
Penang’s mainland is set to enter a new chapter of growth and development with the grand opening of the Crowne Plaza Penang Straits City in Butterworth. This landmark event not only introduces a world-class hospitality destination but also signals the realization of the broader Straits City vision, aimed at transforming...
The announcements include the launch of the highly anticipated Johor-Singapore Special Economic Zone (JS-SEZ); a potential light rail transit (LRT) line or an autonomous rapid transit (ART) in Johor Bahru and its surrounding districts; and the conversion of private lease scheme units (PLS) to freehold status for Medini Iskandar Malaysia...
Sime Darby Property's growth prospects remain strong, supported by its RM3.6 billion sales target, RHB Investment Bank Bhd (RHB Research) said.
Sime Darby Property Bhd (KL:SIMEPROP) will look to take on more data centre projects as a means of growing its recurring income, said group managing director and chief executive officer Datuk Seri Azmir Merican.
UEM Sunrise Bhd has partnered with Singapore’s real estate group GuocoLand Ltd to jointly develop the former’s selected freehold land bank in Iskandar Puteri, Johor.
The long-anticipated North Coastal Paired Road (NCPR) project, a key component of the Penang Transport Master Plan (PTMP), is set to commence following the state government’s approval of a revised alignment and commercial terms. The project is expected to begin construction in 2026 and take five years to complete.
The cost of living, especially for property owners, is expected to rise sharply if the Urban Renewal Act (URA) is implemented.