Commercial news in Litar Antarabangsa Sepang Sepang Selangor

1. Country Heights unit's Kajang commercial property up for RM55mil auction

   9 hours ago New Straits Times Kajang, Selangor 26.7 km

   A subsidiary of Country Heights Holdings Bhd, Country Heights Commercial Development Sdn Bhd, faces a judicial auction of a 2.60-hectare commercial property in Kajang, Selangor, with a reserve price of RM55 million. The property was pledged as collateral for an S$11.5 million loan from CGS International Capital Singapore, and the auction is scheduled for Sept 21, 2026, after a previous attempt at RM69.85 million failed.

2. Federal Court refuses developer leave to appeal Cyberjaya bungalow project ruling

   11 hours ago Free Malaysia Today Cyberjaya, Selangor 21.8 km

   The Federal Court in Putrajaya has refused Lakefront Residence Sdn Bhd and Timeless Hectares Sdn Bhd leave to appeal a Court of Appeal decision that halted a commercial project near 28 luxury bungalows and villas in Cyberjaya. The April ruling found the developer breached sale and purchase agreements by converting residential units to commercial use, and the applicants were ordered to pay RM50,000 in costs.

3. Chin Hin Property enters industrial segment with RM449m Kota Damansara hub

   1 day ago The Sun - Business Kota Damansara, Selangor 46.6 km

   Chin Hin Group Property Bhd has entered the industrial property development segment with The NeX, an integrated industrial-commercial hub in Kota Damansara with an estimated GDV of RM449.4 million. The project follows shareholders' approval of the group's RM66 million acquisition of a 16,222 square metre leasehold industrial site. The development is expected to be completed by 2029.