GuocoLand MD Noorbaizura resigns, COO Raymond Chin takes over day-to-day duties

GuocoLand MD Noorbaizura resigns, COO Raymond Chin takes over day-to-day duties

news

Updated:
  • GuocoLand (Malaysia) Bhd's managing director Noorbaizura Hermeyney resigned on Jan 24.
  • Raymond Chin Yun Choi will take over her responsibilities as COO.
  • The company reported a net profit of RM6.1 million for 1QFY2026, driven by strong property, hotel performance.
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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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Only Johor saw upticks while other states’ residential markets stayed cautious—Henry Butcher

Only Johor saw upticks while other states’ residential markets stayed 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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