Putrajaya vs Cyberjaya: One corridor, two outcomes—both entering different stages of residential growth

Putrajaya vs Cyberjaya: One corridor, two outcomes—both entering different stages of residential growth

news

Updated:
  • Putrajaya and Cyberjaya are twin cities in Greater Kuala Lumpur, each with distinct growth paths.
  • Cyberjaya has seen higher landed transaction volumes, Putrajaya commands higher transaction values for homes.
  • Upcoming developments in both cities reflect their unique planning philosophies.
Read More
Sunway’s RM23m investment expands Cheah Fah school as Johor’s southern corridor evolves into a family destination

Sunway’s RM23m investment expands Cheah Fah school as Johor’s southern corridor evolves into a family destination

news

Updated:
  • SJK (C) Cheah Fah has begun its expansion, adding 12 classrooms to accommodate 1,500 students.
  • Sunway has invested RM23 million in the school, emphasising education's role in social mobility.
  • SJK (C) Cheah Fah is one of eight schools nationwide adopted by Sunway and the Jeffrey Cheah Foundation.
Read More
Middle East tensions may delay Malaysia property projects, raise construction costs, says Rehda

Middle East tensions may delay Malaysia property projects, raise construction costs, says Rehda

news

Updated:
  • Malaysia may face property project delays and rising costs due to geopolitical tensions.
  • Developers warn that energy prices and material costs could spike, impacting profitability.
  • A recent survey shows 30% expect significant effects on the property sector if tensions escalate.
Read More
Mah Sing signs supplemental agreements for Johor land acquisition

Mah Sing signs supplemental agreements for Johor land acquisition

news

Updated:
  • Mah Sing Group's subsidiary has amended terms for acquiring land in Kulai, Johor.
  • The land area increased slightly to 419.17 acres, but the purchase price remains RM273.87 million.
  • The subdivision will now consist of six parcels instead of two, supporting a RM2.26 bil industrial project.
Read More
High debt, low income deter two-thirds of Malaysians from owning properties — Rehda

High debt, low income deter two-thirds of Malaysians from owning properties — Rehda

news

Updated:
  • Over two-thirds of Malaysian homebuyers struggle to secure financing due to high debt and low income.
  • A survey revealed that 72% of developers faced financing issues, primarily from bank loan rejections.
  • Gap between income growth and housing prices exacerbates affordability challenges.
Read More
Tropicana launches Raya campaign offering rewards worth over RM2 mil across 10 developments

Tropicana launches Raya campaign offering rewards worth over RM2 mil across 10 developments

news

Updated:
  • Tropicana Corp has launched a Hari Raya Aidilfitri sales campaign with over RM2 million in incentives.
  • The "Spread the Rezeki Raya Campaign" runs until April 18, featuring 10 developments and various rewards.
  • Open house events will be held in Johor, Selangor, and Subang Jaya, promoting community engagement.
Read More
8 Conlay developer appealing GDB’s recovery of RM103 mil in unpaid sums

8 Conlay developer appealing GDB’s recovery of RM103 mil in unpaid sums

news

Updated:
  • GDB Holdings is facing a court appeal from KSK Land over a RM102.8 million payment dispute.
  • The conflict stems from late payments on a RM1.25 billion contract for the 8 Conlay project.
  • Payment issues first emerged in 2022, prompting the contractor to suspend works and commence legal action.
Read More
M Cora and the transit premium: Why Mah Sing’s Penang launch is drawing investor attention

M Cora and the transit premium: Why Mah Sing’s Penang launch is drawing investor attention

news

Updated:
  • Mah Sing Group Bhd is advancing its M Cora residential project in Penang, valued at RM528 million.
  • The development, near the future Bandar Sri Pinang LRT station, aims to enhance connectivity, sustainability.
  • Analysts expect it to contribute RM17.1 million annually to earnings from FY2027 to FY2030.
Read More
Data centre jobs keep construction sector outlook upbeat despite mixed quarterly resultsmrt

Data centre jobs keep construction sector outlook upbeat despite mixed quarterly resultsmrt

news

Updated:
  • Malaysia's construction sector is set to grow, driven by private sector jobs and data centre projects.
  • BIMB Securities maintains an 'overweight' rating, noting strong demand and earnings among contractors.
  • However, risks like project delays and cost pressures could impact the sector's performance moving forward.
Read More
Govt finalising Johor-Singapore Special Economic Zone master plan, investment blueprint — minister

Govt finalising Johor-Singapore Special Economic Zone master plan, investment blueprint — minister

news

Updated:
  • The Ministry of Economy is finalizing the JS-SEZ master plan, launching it on March 30.
  • This plan aims to enhance economic ties between Malaysia and Singapore, boosting growth in Johor.
  • The JS-SEZ seeks to create over 20,000 high-skilled jobs and achieve a GDP of RM260 billion by 2030.
Read More
Bites