“The expansion initiatives come at an opportune time, as the construction industry stands to benefit from government-led initiatives and spending, particularly in infrastructure development.” KUALA LUMPUR (March 25): Construction services firm Wawasan Dengkil Holdings Bhd (KL:DENGKIL) fell nearly immediately below its initial public offering (IPO) price in its ACE Market trading debut on Tuesday. Wawasan…
Read MoreAME Elite plans to allocate the majority of the proceeds towards further development of i-TechValley, as well as other industrial property projects and investments. KUALA LUMPUR (March 25): AME Real Estate Investment Trust (KL:AMEREIT) has entered into a deal on Monday to acquire three industrial properties from its sponsor, AME Elite Consortium Bhd (KL:AME), for…
Read MoreCyberview strengthens position, now fully controls largest landbank within Cyberjaya City Centre “This initiative will not only accelerate Cyberjaya’s transformation into a world-class tech and innovation ecosystem but also solidify Malaysia’s position as a key player in the global digital economy.” KUALA LUMPUR (March 25): Cyberview Sdn Bhd said it has strengthened its position in…
Read MoreHigh Court records consent judgement between Synergy Promenade and Shahrir over defamation regarding KL Vertical City project Following this consent judgement, Synergy Promenade withdrew its action against Shahrir and Felda. KUALA LUMPUR (March 25): The High Court on Tuesday recorded a consent judgement between Synergy Promenade Sdn Bhd and former Federal Land Development Authority (Felda)…
Read More“It is also surprising that several neighbourhoods that are generally considered mature and stable and have consistent land demand such as Kampung Baru, Taman Tun Dr Ismail, Setapak, Cheras and Kampung Pandan also have abandoned buildings.” KUALA LUMPUR (March 25): A total of 48 abandoned premises and buildings had been identified in the federal capital…
Read MoreKUALA LUMPUR (March 24): MGB Bhd (KL:MGB) has completed the structural phase of its Idaman Cahaya 2 project in U12 Shah Alam, marking the milestone with a roof-topping ceremony last Friday. The second phase of the Idaman Cahaya development, Idaman Cahaya 2 comprises 872 out of 1,853 residential units in the township. The event was…
Read MoreThe Wellness Suites, a serviced apartment located within the 26.5-acre KL Wellness City, has achieved 85% of sales, said Vincent Tiew. KUALA LUMPUR (March 24): KL Wellness City has achieved 50% completion ahead of schedule. The key components of this development — The KL International Hospital (KLIH) and the Noble Health Care Park are set…
Read MoreKUALA LUMPUR (March 24): Housing loan growth in Malaysia slowed year-on-year (y-o-y) to 6.9% in 2024, with owner-occupiers making up the bulk of growth, according to Bank Negara Malaysia (BNM). Overall outstanding housing loans grew by 6.9% year-on-year (y-o-y) in 2024 as compared to 7.3% in 2023, according to the central bank’s Financial Stability Review…
Read MoreKUALA LUMPUR (March 21): Malaysia’s headline inflation slowed in February 2025 as food prices stabilised while housing and utilities costs moderated, according to official data released on Friday. The consumer price index — Malaysia’s main gauge of inflation — rose 1.5% year-on-year in February, the Department of Statistics Malaysia said in a statement. The pace…
Read MoreKUALA LUMPUR (March 21): After more than half a century, Cheras remains a popular area for homebuyers. An expert believes house prices in its mature neighbourhoods will keep up their modest annual growth. Armed with over 10 years of experience in the property industry, PropNex Realty Sdn Bhd Cheras branch agency leader Steven Tay (pictured)…
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