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Topmix extends RM1.85m Senai property disposal to 4Q2026

Topmix extends RM1.85m Senai property disposal to 4Q2026

news

Updated:
  • Topmix Bhd extended its industrial property disposal completion to 4Q2026.
  • The RM1.85 mil sale in Johor awaits bank processing for payment.
  • This mutual agreement with PMI Packaging Sdn Bhd changes only the timeline.
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Paragon Globe sets out Johor landbank strategy

Paragon Globe sets out Johor landbank strategy

news

Updated:
  • Paragon Globe Bhd plans to develop Johor land around anchor occupiers.
  • They will also selectively sell land to support future projects.
  • This strategy aims to create business ecosystems and maximise land value.
OSK Property starts work on A$800m Aura tower in Melbourne

OSK Property starts work on A$800m Aura tower in Melbourne

news

Updated:
  • OSK Property began construction on Aura, a 67-story residential tower in Melbourne.
  • This A$800 million project is part of the Melbourne Square precinct.
  • Over 140 units have already been sold since its soft launch.
HBA to skip Budget 2027 wishlist, urges housing law enforcement

HBA to skip Budget 2027 wishlist, urges housing law enforcement

news

Updated:
  • The National House Buyers Association (HBA) will not submit a wishlist for Budget 2027.
  • It feels past proposals on housing affordability and protection were ignored.
  • HBA urges the government to enforce existing laws and fix current issues.
Outdated compliance costs should be reviewed to help reduce housing cost — Rehda

Outdated compliance costs should be reviewed to help reduce housing cost — Rehda

news

Updated:
  • Rehda urges review of statutory costs to curb rising house prices.
  • Developers face increased costs, impacting affordability and project launches.
  • Collaboration is key to ensure homeownership for financially capable Malaysians.
Nga: Smart cities must put people first

Nga: Smart cities must put people first

news

Updated:
  • Smart cities must prioritise communities, using technology for safer, healthier living.
  • Technology, policy, and human values are key for urban transformation.
  • Malaysia's smart city efforts earned a Smart City Leadership Award for people-centred development.
YTL AI Labs, Nvidia release 1.35 million synthetic Malaysian personas

YTL AI Labs, Nvidia release 1.35 million synthetic Malaysian personas

news

Updated:
  • YTL AI Labs and Nvidia created a dataset of 1.35 million synthetic Malaysian personas.
  • It helps developers build and test AI applications for local users.
  • This dataset is available on Hugging Face and contains no personal data.
Loan rejection, high prices, Bumiputera units main contributors to unsold homes — Rehda survey

Loan rejection, high prices, Bumiputera units main contributors to unsold homes — Rehda survey

news

Updated:
  • Nearly 60% of developers reported unsold units due to financing issues and prices.
  • Loan rejections stemmed from buyer income and credit history problems.
  • Developers face pressure from rising costs and economic uncertainties.
Forced auction of Country Heights land cancelled due to lack of bidders

Forced auction of Country Heights land cancelled due to lack of bidders

news

Updated:
  • A forced auction of Country Heights' land in Kajang was cancelled.
  • No bidders appeared for the RM55 million commercial plot.
  • This follows ongoing financial struggles and loan defaults for the company.
Sabah Development Bank ready to cut exposure to help revive abandoned PacifiCity

Sabah Development Bank ready to cut exposure to help revive abandoned PacifiCity

news

Updated:
  • Sabah Development Bank may reduce its exposure to the PacifiCity project.
  • The long-abandoned development has RM300 million outstanding.
  • The bank seeks solutions with stakeholders to revive the project.
Bites
Topmix extends RM1.85m Senai property disposal to 4Q2026