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REAL ESTATE NEWS

AEM opens new RM65m manufacturing plant in Penang

(The Edge Market) 09/01/2023

BUTTERWORTH (Jan 9): Singapore-based AEM Holdings Ltd, a semiconductor test solutions provider, has opened its new RM65 million manufacturing plant in Penang.

Prasarana to allocate RM2.8b to improve train, bus services

(The Edge Market) 09/01/2023

KUALA LUMPUR (Jan 9): Prasarana Malaysia Bhd will spend a total of RM2.8 billion to improve train and bus services, replacing train equipment and increasing the number of trains and buses.

(The Edge Market) 09/01/2023

KUALA LUMPUR (Jan 9): GDB Holdings Bhd, the main contractor of the 8 Conlay mixed development, will now resume work on a part of the project as it has received partial payment from the project owner, Damai City Sdn Bhd, a unit of KSK Land Sdn Bhd.

(The Edge Property) 09/01/2023

GEORGE TOWN (Jan 9): Penang-based property developer Hunza Group is likely to launch a few projects in the next few years with a total gross development value (GDV) of about RM2.2 billion.

Malaysia to have weaker economic growth this year

(Malaysian Reserve) 09/01/2023

MALAYSIA will see a weaker economic growth at a 4.1% estimated rate in 2023 from 8.5% in 2022, largely due to an interplay of weakening external environment, new government narratives, domestic inflation and interest rate hike. 

Gan: Radium’s strategy to provide affordable housing has been a success

(News Straits Times) 09/01/2023

Radium Development Berhad, which has received approval from the Securities Commission to list its shares on Bursa Malaysia, said that its strategy to build affordable houses has been a resounding success.

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