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.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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!
Read More
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.
Read More
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.
Read More
Bites