MACC chief confirms working with UK authorities in IJM probe

MACC chief confirms working with UK authorities in IJM probe

news

Updated:
  • The MACC is investigating allegations of a RM2.5 billion money laundering scheme involving IJM Corporation.
  • Cooperation with the UK's Serious Fraud Office has been established, but no new information has emerged yet.
  • The MACC emphasises the need for ongoing efforts to combat corruption and improve governance in Malaysia.
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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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Only Johor saw upticks while other states’ residential markets stay cautious—Henry Butcher

Only Johor saw upticks while other states’ residential markets stay cautious—Henry Butcher

news

Updated:
  • In 2025, Johor was the only Malaysian state to see growth in its residential market.
  • National transaction volume fell by 2.75%, with Selangor and Penang experiencing declines in volume and value.
  • Penang island’s residential overhang rose from 2,570 units in 3Q2024 to 2,730 in 3Q2025, a 6.2% increase.
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KL Tower concession: RM500k per year bribe case trial begins May 7

KL Tower concession: RM500k per year bribe case trial begins May 7

news

Updated:
  • A company director faces trial starting May 7 for allegedly offering a RM500,000 bribe over 15 years.
  • The court has set multiple trial dates and a mention date for witness lists on March 18.
  • He is charged under Section 16(6)(B) of the MACC Act 2009, facing severe penalties if convicted.
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EdgeProp inks property data partnership with VPG Realty

EdgeProp inks property data partnership with VPG Realty

news

Updated:
  • EdgeProp Malaysia and VPG Realty have signed an MOU to boost the use of property market analytics.
  • VPG Realty agents will access EdgeProp’s EPIQ platform for real-time data and insights.
  • This partnership aims to improve pricing accuracy and client trust through data-driven recommendations.
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NCM Co launches Gong Xi Auction Fair offering over 500 properties

NCM Co launches Gong Xi Auction Fair offering over 500 properties

news

Updated:
  • NCM Co will host the Gong Xi Auction Fair on Jan 28, featuring over 500 properties.
  • Notable listings include homes in Puchong and Kajang, plus condos in Kuala Lumpur and Petaling Jaya.
  • Attendees can receive gifts and advice from sales advisors to aid in the auction process!
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EXSIM Group to partner with RHB for 110% green home financing

EXSIM Group to partner with RHB for 110% green home financing

news

Updated:
  • EXSIM Group has partnered with RHB Banking to introduce the RHB Green Home Financing Guarantee Programme.
  • It offers up to 110% financing for homebuyers of eligible green-certified residential developments.
  • The collaboration aims to promote sustainable living and make green homes more accessible.
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YNH Property defers perpetual bond coupon payments to conserve cash

YNH Property defers perpetual bond coupon payments to conserve cash

news

Updated:
  • YNH Property Bhd has deferred upcoming coupon payments to conserve cash and strengthen liquidity.
  • The deferral affects two tranches of perpetual securities, with cumulative unpaid amounts due later.
  • This decision aims to support ongoing projects and maintain operational stability.
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Media reports claiming Malaysia handed over 5,207ha of land to Indonesia inaccurate, says natural resources minister

Media reports claiming Malaysia handed over 5,207ha of land to Indonesia inaccurate, says natural resources minister

news

Updated:
  • The Ministry of Natural Resources denies reports of Malaysia giving 5,207 hectares to Indonesia.
  • Minister Arthur Kurup clarified that the land boundary settlement was based on international law.
  • Ongoing negotiations aim to resolve disputes amicably while ensuring Malaysia's sovereignty is recognised.
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Housing ministry to continue engagement to improve Urban Renewal Bill—Nga

Housing ministry to continue engagement to improve Urban Renewal Bill—Nga

news

Updated:
  • The Housing and Local Government Ministry will enhance the Urban Renewal Bill through engagement sessions.
  • Minister Nga Kor Ming emphasised the importance of considering feedback from various stakeholders.
  • The improved Bill aims to elevate urban living standards and protect original owners' rights.
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MACC chief confirms working with UK authorities in IJM probe