Govt disbursed over RM9 bil to date for Pan Borneo Sabah Phase 1A

news

Updated: February 10, 2026

The government has allocated RM9.2 billion for Phase 1A of the Pan Borneo Highway, now 86.98% complete.
Phase 1B started in 2024 and is currently 13.68% finished, with delays in Sabah due to more work packages.
The East Coast Expressway 3 project is proposed at RM9.8 billion, to be funded through a public-private partnership.

news

Updated: February 10, 2026

Berjaya Land Bhd has launched a new sales gallery for its Jesselton Courtyard in Penang.
The development features 239 units in a low-density, gated community and has attracted significant buyer interest.
The sales gallery opens on Feb 18, with a roadshow at Gurney Plaza from Feb 14 to March 1.

news

Updated: February 10, 2026

Kuala Lumpur City Hall has launched an OSC Portal to enhance transparency in urban planning.
The portal allows public access to development applications while protecting confidential information.
This initiative aims to boost public confidence and ensure orderly compliance with regulations in development activities.

news

Updated: February 10, 2026

KIP Real Estate Investment Trust has reopened KIPMall Tampoi after a comprehensive asset enhancement initiative.
The upgrades include a farmer-market-style fresh market and new tenants like The Chicken Rice Shop and ZUS Coffee.
Sustainability features were added, aligning with GreenRE Gold certification to enhance long-term value and community engagement.

news

Updated: February 10, 2026

Rahim & Co has partnered with Chestertons Global to enhance cross-border real estate advisory.
This collaboration aims to merge local insights with global strategies for better client solutions.
Both firms will leverage their strengths to attract international investors to Malaysia's growing market.

news

Updated: February 9, 2026

Melaka Corporation and Teladan Group launched Phase 1 of the 418.63-acre German Technology Park in Jasin.
The first managed industrial park in Melaka includes 45 terraced factories and 64 semi-detached factories.
Melaka aims to attract RM10 billion in investments by 2030, focusing on German-linked technology and industries.

news

Updated: February 9, 2026

Putrajaya Corporation has halted the Automated Rapid Transit (ART) project due to financial unviability.
The estimated cost of RM211.95 million exceeded PPj's budget capacity, leading to this decision.
PPj is exploring alternative transport solutions and partnerships to address traffic congestion in the area.

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Updated: February 9, 2026

Housing Minister Nga Kor Ming urged patience for the IIUM study on Kuala Lumpur's mayoral elections.
He emphasised the importance of expert assessments before presenting findings to the Cabinet.
Nga also highlighted historical context and the need for performance over identity in leadership roles.

news

Updated: February 9, 2026

The Employees Provident Fund has increased its stake in IJM Corporation to 20.4%, becoming the largest shareholder.
No transaction price was disclosed, but EPF is estimated to have spent around RM11.11 million on that day base
The company denies claims of financial fraud and is cooperating with authorities during the ongoing probe.

news

Updated: February 9, 2026

GDB Holdings Bhd announced boardroom changes due to shifts in its shareholding structure.
Clement Wong is the new chairman, while Dasmand Wong has been appointed as executive director.
Significant shareholding changes include Andy Lai becoming a substantial shareholder and GDB securing two road contracts in Sarawak.