SkyWorld opens first Penang sales gallery, marks northern expansion

SkyWorld opens first Penang sales gallery, marks northern expansion

news

Updated:
  • SkyWorld Development Bhd has launched its first sales gallery in Penang, marking its northern expansion.
  • The facility includes a PPVC Experience Centre and showcases innovative construction methods.
  • Over 80% of the units under Phase 1A of the SkyWorld Pearlmont project have have been taken up.
NRES: Malay reserve land area in peninsula increases to 4.95 mil hectares in 2024

NRES: Malay reserve land area in peninsula increases to 4.95 mil hectares in 2024

news

Updated:
  • The total area of Malay reserve land in Peninsular Malaysia rose to 4.95 million hectares in 2024.
  • Kelantan has the largest MRL area at 1.36 million hectares, followed by Perak and Kedah.
  • The management of MRL is protected by legal frameworks, including Article 89 of the Federal Constitution.
Malaysia and Singapore reaffirm economic commitment, set path for JS-SEZ launch

Malaysia and Singapore reaffirm economic commitment, set path for JS-SEZ launch

news

Updated:
  • Malaysia and Singapore are committed to enhancing economic cooperation via the Johor–Singapore partnership.
  • The JS-SEZ will leverage Johor's resources and Singapore's technology to attract investments and create jobs.
  • A final governance structure for the Johor-Singapore Cooperation Ministerial Committee will be presented soon.
Higher loans, longer tenures contributing to housing unaffordability—experts

Higher loans, longer tenures contributing to housing unaffordability—experts

news

Updated:
  • Extended mortgage tenures and higher loan-to-value ratios have inflated house prices.
  • Housing affordability remains a critical issue, especially for lower-income households.
  • Policy refinements and better-targeted housing supply are essential to address these challenges.
Johor emerges as Malaysia’s second-largest residential market—JLL Malaysia

Johor emerges as Malaysia’s second-largest residential market—JLL Malaysia

news

Updated:
  • Johor has become Malaysia's second-largest residential market in 2025 with 10,500 transactions.
  • Industrial land prices in Johor are rising, with average prices reaching RM86 psf in 2025.
  • Nusajaya is emerging as a prime data centre hub, but faces challenges in infrastructure upgrades.
18MPS: Industrial demand outpaces supply in JS-SEZ—Knight Frank

18MPS: Industrial demand outpaces supply in JS-SEZ—Knight Frank

news

Updated:
  • Developers in the Johor–Singapore Special Economic Zone are failing to meet industrial demand.
  • Infrastructure like power, water, and roads is crucial for manufacturing growth in the region.
  • Investors seek tailored solutions and strong support from developers to ensure project viability and success.
NCT Alliance explores battery storage partnership with China’s Great Power

NCT Alliance explores battery storage partnership with China’s Great Power

news

Updated:
  • NCT Alliance Bhd is exploring a partnership with Guangzhou Great Power for battery energy storage projects.
  • Collaboration represents opportunity for NCT Alliance and its subsidiaries to participate in a new venture.
  • Guangzhou-based Great Power is listed on the Shenzhen Stock Exchange
Telltale signs your rental unit may be used for illegal activities

Telltale signs your rental unit may be used for illegal activities

news

Updated:
  • Landlords must ensure their properties are used lawfully, as recent police raids highlight potential risks.
  • Indicators of misuse include above-market rent offers, unusual utility consumption, and evasive tenants.
  • A combination of red flags may suggest illegal activities, warranting closer scrutiny by landlords.
BRDB and SPACE Group collaborate to design interior for Eden Taman Duta

BRDB and SPACE Group collaborate to design interior for Eden Taman Duta

news

Updated:
  • BRDB Developments partners with SPACE Group for Eden Taman Duta's interior design.
  • This high-end condominium features 146 units and a gross value of RM1.52 billion.
  • Residents can personalise their spaces through SPACE Atelier, enhancing their living experience.
KLCCP Stapled declares record dividend as FY2025 earnings hit all-time high

KLCCP Stapled declares record dividend as FY2025 earnings hit all-time high

news

Updated:
  • KLCCP Stapled Group declared a record-high dividend of 47 sen per security for FY2025.
  • Their net profit surged 55.32% in 4Q, driven by significant fair value gains on properties.
  • Looking ahead, they anticipate increased competition in 2026 but remain optimistic about growth opportunities.
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SkyWorld opens first Penang sales gallery, marks northern expansion