Daily Industry News Update (1 July 2022)

PKNS redevelopment project in Kg Baru gets 80% approval

MENARA Rezeki Sdn Bhd has achieved another milestone with regards to the joint venture with Jiankun International Bhd on the RM1.2 billion PKNS Flat Redevelopment Project, Jalan Tun Razak, Kampung Baru in Kuala Lumpur.

Sabah, Johor and Penang property charming investors

Sabah, Johor and Penang have joined the Klang Valley as top contenders for commercial property investment, according to Knight Frank’s Malaysia Commercial Real Estate Investment

S P Setia to open new mall in Semenyih on Sept 1

S P Setia has revealed that it will be opening a new mall in its Setia EcoHill development in Semenyih. Named EcoHill Walk, it is targeted to be opened on Sept 1. It will boast a gross built-up of over 200,000 sq ft, two thirds of which has already been leased out. The company is targeting 80% occupancy by the end of the year.