emart24, one of South Korea’s biggest convenience stores, opened its first outlet in Malaysia in Bangsar South, making it the second Korean convenience store in the country after CU. In South Korea, emart24 is operated by Shinsegae Group, the country’s largest retailer, and was the first convenience store brand there to introduce unmanned convenience stores, forging ahead with technology adoption. emart24 was established in 2014 and has rapidly grown to become the fourth largest convenience store by store network in South Korea with 5,165 outlets at the end of 2020. CU is number one at 14,923 ..read more

Tin can & dairies products manufacturer Johore Tin Bhd (“JTB”) is buying a piece of freehold land measuring approximately 297.51 acres for RM169.8 million in Kuala Langat, Selangor from Permodalan Nasional Berhad to expand its manufacturing operations as well as to undertake property development activities. The land is located along the eastern side of Jalan Pusara within Banting. It lies approximately 11 kilometres north-west and 33 kilometres south-west of town centre of Banting and city centre of Shah Alam respectively. The Land is zoned for mixed development of industrial, residential ..read more

Boustead Holdings Bhd is selling a 6.59-acre piece of freehold land located at Jalan Cochrane to Sunway Bhd for RM233.39 million (RM813 psf). According to Boustead, the land is vacant with residential status, but has commercial potential. It is around 100m from the Cochrane MRT station and about 4km by road to the city centre, while MyTOWN Shopping Centre and IKEA Cheras are also close by. Boustead noted that it was selling the land at a 6.1% or RM13.4 million premium over its market value of RM220 million. The sale will result in a gain on disposal of RM54.1 million or 2.67 sen per share. Sun ..read more

Residensi Wilayah (or previously known as Rumawip under BN government) is an initiative by the government to help Malaysians, especially those residing in federal territories to own their first property. It is an affordable housing programme by the government to help lower and middle-income groups to be a first-time homebuyer. The location of the projects is at Kuala Lumpur, Putrajaya and Labuan. Here’s everything you need about Residensi Wilayah! 1. What is RESIDENSI WILAYAH? It is an affordable home for the middle-income group who is born, residing and working in the Federal Territ ..read more

Fresh from opening its first Malaysia’s store in Pavilion KL last month, % Arabica, popular coffee chain from Kyoto, Japan will be opening its first % Arabica roastery at The Exchange TRX in 2022! source: Lendlease Tun Razak Exchange (TRX) is an iconic 70-acre development in the heart of Kuala Lumpur that is set to become a leading centre for international finance and business, and at the heart of this urban transformation is The Exchange TRX, a 1.2 mil sqft shopping mall currently under construction by Australia’s Lendlease group. Other known tenants of The Exch ..read more

Laman Seri Harmoni, a Rumah Wilayah project by property developer, Besteel Engtech Sdn. Bhd, is now open for application. The project is located at Sentul, Kuala Lumpur The project consists of 1 block of 36 storey residential apartment, with total of 300 units. The unit size is 850 sqft with 3 bedrooms and 2 bathrooms, priced at RM300,000 per unit. The apartment comes with facilities such as swimming pool, children playground and multi purpose hall. It is expected to be completed in Feb 2024. Other than Rumah Wilayah block, the entire development will also have 1 block of condominium (300 ..read more

If you have not already know, Bursa listed Mynews Holdings Bhd is bringing the popular CU convenience store chain all the way from South Korea and the 1st store in Malaysia will be opening at Centerpoint, Bandar Utama on 1 April 2021! Yes, you heard it right! 1 Apr 2021 and it is not an April fool joke! CU is a South Korean convenience store chain that is operated and owned by BGF Retail. It was formed in year 2012 after FamilyMart’s franchise license in South Korea expired, and to date, there are approximately 15,000 stores all across South Korea. The Malaysian Gen Z are very much influenced ..read more

The rent-to-own (RTO) housing scheme as announced under Budget 2021 involving PR1MA homes nationwide is expected to be launched this June. Housing and Local Government Minister (KPKT) Datuk Zuraida Kamaruddin said the ministry is in the midst of discussions  on the housing scheme mechanism with banking institutions. “The RTO has yet to be implemented because we are waiting (for results of discussions) on the mechanism to be adopted. Once the scheme is finalised, we will offer the PR1MA houses that have been approved and we are trying to do this by June,” she said after a Malaysia Prihatin ..read more

Residensi Desa Sentralmas, a Rumah Wilayah project by property developer, Aset Kayamas, is now open for application. The project is strategically located at Taman Desa, Kuala Lumpur. The project consists of 1 block of 23 storey residential apartment, with total of 298 units. The unit size is 850 soft with 3 bedrooms and 2 bathrooms, priced at RM230,000 per unit. The apartment comes with facilities such as swimming pool, children playground and multi purpose hall. It is expected to be completed in May 2023. Application for the unit has open and is closing on 31 Mar 2021. If you are interested ..read more

UEM Land Bhd, a wholly-owned subsidiary of UEM Sunrise Bhd, has entered into a conditional sale and purchase agreement (SPA) to buy a 9.93-acre leasehold piece of factory land and the buildings thereon from Dutch Lady Milk Industries Bhd at Section 13, Petaling Jaya for RM200 million, with plans to build a RM1.3 billion mixed-use development. UEM Sunrise  plans to launch the project, which will be situated along Jalan Khoo Kay Kim, in the next two to three years. The site attracted UEM Sunrise due to its location within the Draft Special Area Plan Section 13 Petaling Jaya, identified by M ..read more