All 34 sick PR1MA projects to be completed by March, says Nga

All 34 sick PR1MA projects to be completed by March, says Nga

news

Updated:
  • The Ministry of Housing aims to complete all sick PR1MA projects by March, with 34 initially abandoned.
  • Minister Nga Kor Ming announced that 33 projects are finished, with one nearing completion.
  • Penang's Chief Minister highlighted progress in affordable housing, reaching 77.35% of their 2030 target.
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Country View more than doubles dividends after 79% rise in 4Q net profit

Country View more than doubles dividends after 79% rise in 4Q net profit

news

Updated:
  • Country View Bhd doubled its dividend payout for 4QFY2025, declaring 13 sen per share.
  • Net profit rose 79.37% to RM18.78 million, driven by increased revenue of RM83.63 million.
  • The company anticipates continued growth in FY2026 from ongoing property developments in Iskandar Puteri.
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Advancecon gets RM82 mil earthworks job in Johor-Singapore Special Economic Zone

Advancecon gets RM82 mil earthworks job in Johor-Singapore Special Economic Zone

news

Updated:
  • Advancecon Holdings Bhd has secured an RM82.09 million contract for earthworks in Johor.
  • The 15-month project starts on Feb 4 and is part of the Southern Catalyst Innovation District.
  • Advancecon aims to leverage its strengths in civil engineering amid Johor's industrial growth.
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Ekovest again extends RM310 mil RTS Link land deal from 2023, deadline now end-April

Ekovest again extends RM310 mil RTS Link land deal from 2023, deadline now end-April

news

Updated:
  • Ekovest Bhd has extended its land acquisition deal along the JB–Singapore RTS Link to April 27, 2026.
  • The deal, originally set for April 2024, has been extended five times to allow for further negotiations.
  • Ekovest aims to enhance its property development business through this acquisition.
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Radium Development contributes RM30,000 to upgrade facilities at SMK St Mary

Radium Development contributes RM30,000 to upgrade facilities at SMK St Mary

news

Updated:
  • Radium Development Bhd donated RM30,000 to upgrade facilities at SMK St Mary, Kuala Lumpur.
  • This initiative aims to enhance the learning environment for 1,075 students and 96 staff members.
  • It aligns with several UN Sustainable Development Goals, reinforcing Radium's commitment to community support.
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EcoFirst posts lower 2Q profit on weaker showing by property, investment segments

EcoFirst posts lower 2Q profit on weaker showing by property, investment segments

news

Updated:
  • EcoFirst Consolidated Bhd reported a 28.5% decline in 2Q net profit to RM2.43 million.
  • Revenue fell 28.55% to RM78.28 million, with no dividend declared.
  • The company plans to launch a mixed development project in 2Q2026, valued over RM400 million.
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Government takes three key measures to ensure access to affordable homes, says deputy minister

Government takes three key measures to ensure access to affordable homes, says deputy minister

news

Updated:
  • The Malaysian government is taking steps to control house prices for affordable housing.
  • They have capped prices at RM300,000 and implemented price mapping based on household income.
  • Additionally, the Housing Credit Guarantee Scheme supports first-time buyers with financing options.
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GreenRE and Qube to co-host ISW 2026 at Mitec in September

GreenRE and Qube to co-host ISW 2026 at Mitec in September

news

Updated:
  • International Sustainability Week 2026 has been launched to promote sustainability in the built environment.
  • The event will take place on Sept 10-11 at the Malaysia International Trade and Exhibition Centre.
  • It aims to connect policymakers and industry professionals to advance measurable sustainability outcomes.
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Mah Sing’s Bestari Perdana ramp opens, east Johor connectivity upgraded

Mah Sing’s Bestari Perdana ramp opens, east Johor connectivity upgraded

news

Updated:
  • Mah Sing Group Bhd has launched a new ramp and toll plaza at Bestari Perdana to enhance Johor's connectivity.
  • The RM70 million project aims to improve travel efficiency and support local economic growth.
  • It features cashless toll systems and is part of a larger development plan for the Meridin East township.
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Industrial sector topped Malaysia’s 2025 property market—Henry Butcher

Industrial sector topped Malaysia’s 2025 property market—Henry Butcher

news

Updated:
  • The industrial sector in Malaysia outperformed other property segments in 2025, with a 3.3% rise in volume.
  • Transaction value increased by 14.6% to RM23.7 billion, driven by strong demand in Selangor and other states.
  • The commercial sector saw a slight volume decline but a 16% value increase.
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All 34 sick PR1MA projects to be completed by March, says Nga