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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

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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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UEM Sunrise secures RM415 mil entitlement in KLCC land pact with Exsim KLCC

UEM Sunrise secures RM415 mil entitlement in KLCC land pact with Exsim KLCC

news

Updated:
  • UEM Sunrise subsidiary signed a deal for a mixed-use KLCC development.
  • The proposed development is expected to comprise a hotel, hotel residences and a retail mall.
  • In addition to the guaranteed entitlement, the agreement provides for a profit-sharing arrangement.
Rehda Institute’s RIYI 2026: Corporate mentors prep Gen Z for property careers

Rehda Institute’s RIYI 2026: Corporate mentors prep Gen Z for property careers

news

Updated:
  • The Rehda Institute Youth Initiative 2026 bridges the gap between academic readiness and industry demands.
  • It offers final-year students practical workplace simulations and mentorship.
  • The programme focuses on real-world skills, emotional intelligence, and career growth.
Waldorf Astoria Kuala Lumpur to open in late 2026

Waldorf Astoria Kuala Lumpur to open in late 2026

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Updated:
  • Hilton's Waldorf Astoria Kuala Lumpur opens reservations for late 2026.
  • This luxury hotel marks the brand's Malaysian debut.
  • It offers diverse dining, wellness, and event experiences.
Loke: Government to seek audience with Sultan of Selangor to provide explanation over LRT3 issue

Loke: Government to seek audience with Sultan of Selangor to provide explanation over LRT3 issue

news

Updated:
  • The government will to provide further clarification on LRT3 to the Sultan of Selangor.
  • Transport Minister Anthony Loke will seek an audience with the Sultan.
  • The Sultan stressed that LRT3 was not a prestige mega project but for the well-being of the people.
Economy Ministry defends JS-SEZ master plan timeline amid Johor’s call for immediate release

Economy Ministry defends JS-SEZ master plan timeline amid Johor’s call for immediate release

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Updated:
  • The Economy Ministry has defended the handling of the JS-SEZ master plan.
  • It states the plan is on track, despite calls for immediate release of the master plan from Johor.
  • The Economy Ministry highlights ongoing implementation and significant investment figures.
TWL discloses RM1.8 mil pending refunds from three terminated JV agreements

TWL discloses RM1.8 mil pending refunds from three terminated JV agreements

news

Updated:
  • TWL Holdings Bhd has furnished additional details on the mutual termination of three joint venture agreements.
  • Its subsidiary is owed RM1.8 mil in refunds from these terminations.
  • The refunds are due by June 2027, with no penalties for delays.
ASM Automation provides further details on proposed Perak industrial land acquisition

ASM Automation provides further details on proposed Perak industrial land acquisition

news

Updated:
  • ASM Automation Group Bhd will acquire land and a factory in Perak.
  • The existing factory will be demolished for a new one.
  • Construction starts in 2027, funded by IPO proceeds.
AMMB submits MOE application for RM331 mil Menara AmBank acquisition

AMMB submits MOE application for RM331 mil Menara AmBank acquisition

news

Updated:
  • AmBank seeks MOE approval to acquire Menara AmBank for RM331 mil.
  • The application was submitted on July 2.
  • This acquisition is a related party transaction.
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