Transaction news in Kita Cybersouth

1. Office unit at MOF Inc Tower in KL rented for RM80,130

   1 day ago EdgeProp MOF Inc Tower, Kuala Lumpur 32 km

   An office unit at MOF Inc Tower in Kuala Lumpur was leased for RM80,130 per month. The tenants were attracted by the fully furnished unit and suitable rental terms for their expansion plans. The average asking rate for similar units in the building is RM50,351.18 per month.

2. Kwasa Land seeks approval to turn 60 acres of commercial land in Kwasa Damansara into homes

   1 day ago The Edge Malaysia Kwasa Damansara, Petaling Jaya, Selangor 32 km

   Kwasa Land, an EPF subsidiary, plans to convert about 60 acres, or 13%, of commercial land in Kwasa Damansara into residential plots, pending local authority approval. The move aims to rebalance the township's master plan after market studies showed the commercial component was too high. The township targets over 60,000 residents in five years and 100,000 by 2050.

3. LSH Capital, PNSB, Seriemas launch RM850mil Morib rejuvenation project

   4 days ago BusinessToday Malaysia Morib, Kuala Langat, Selangor 26.6 km

   Lim Seong Hai Capital Berhad, together with Permodalan Negeri Selangor Berhad and Seriemas Development, has launched the Morib Rejuvenation Project in Kuala Langat, Selangor. The project will rejuvenate the Sri Morib Golf Course and develop a mixed-use project with a gross development value of RM850 million over 10 years.

4. Orgabio buys Semenyih industrial property for RM11.26m to expand warehousing

   6 days ago EdgeProp Mukim Semenyih, Ulu Langat, Semenyih, Selangor 23.6 km

   Orgabio Holdings is acquiring a freehold industrial property in Semenyih, Selangor for RM11.26 million. The company plans to use the site, which is adjacent to its new factory, for warehousing to support its instant beverage premix operations.