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.
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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.
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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.
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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.
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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.
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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.
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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
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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.
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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.
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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