Property & Real Estate news in Mahkamah Tinggi Shah Alam Shah Alam Selangor

1. EI Power buys Shah Alam factory for RM17.2mil using IPO funds

   1 day ago New Straits Times Shah Alam, Selangor 1.3 km

   EI Power Bhd's subsidiary is acquiring a freehold factory in Shah Alam for RM17.2 million. The purchase will be funded mainly by proceeds from its IPO, with the deal expected to complete within three months.

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

   2 days ago The Edge Malaysia Kwasa Damansara, Petaling Jaya, Selangor 9.4 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. Sime Darby Property launches first ready-built factories at BBR Business Park

   2 days ago EdgeProp BBR Business Park, Bandar Bukit Raja, Selangor 8.3 km

   Sime Darby Property has unveiled Prestige Collection 1, its first ready-built semi-detached factory offering at BBR Business Park in Bandar Bukit Raja, Selangor. The launch took place at the Bandar Bukit Raja Industrial & Commercial Connect 2026 event, where the developer also previewed its Quadria II shop offices.