High Court orders Suria Lake Town developer to facilitate issuance of strata titles to purchasers

news

Updated: February 11, 2026

The High Court ordered Segi Objektif to issue strata titles for Suria Lake Town A and B within 12 months.
Justice Mahazan Mat Taib highlighted delays in forming the JMB, affecting purchasers' representation.
The court dismissed the developer's counterclaim for maintenance expenses, emphasising consumer protection.

news

Updated: February 11, 2026

S P Setia Bhd is launching Aurora Phase 1 in Setia Bayuemas, Klang, after previous phases' success.
This phase includes 82 double-storey terrace houses priced from RM880,000, with a GDV of RM76.7 million.
A pre-Chinese New Year event will be held on Feb 14 to celebrate the launch and showcase the development.

news

Updated: February 11, 2026

Exsim Hospitality Bhd plans to diversify into construction and centralised procurement.
This move aims to contribute at least 25% to its future net profit.
The company believes this will enhance project management and reduce reliance on any single business segment.

news

Updated: February 11, 2026

Malaysia Rail Link is preparing for the East Coast Rail Link's operation starting January 2027.
About 2,000 personnel will be needed, with 80% must be Malaysian citizens.
Local talent development programmes will boost employment and economic growth in surrounding communities.

news

Updated: February 11, 2026

As of January 2026, no data centre investments in Malaysia are at risk due to water supply issues.
The government is committed to ensuring sufficient water resources and exploring sustainable alternatives.
Malaysia aims to be a competitive digital hub while balancing industrial growth and sustainability.

news

Updated: February 11, 2026

Iskandar Waterfront City Bhd is selling 16.43 acres of land in Johor Bahru for RM71.55 million.
The sale is expected to yield a post-tax profit of RM28.12 million and will support working capital needs.
The transaction aims to optimise the company's asset portfolio and is set for completion in 3Q2026.

news

Updated: February 11, 2026

The Malaysian Bar emphasised that HIMS does not replace legal stages in housing transactions.
HIMS is an admin tool for eligibility and allocation, but legal protections are crucial post-allocation.
The Bar urged for legal advice integration in HIMS to protect buyers from risks in the contractual phase.

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.