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LRT3 set to operate from June 2026, Loke tells Dewan Negara

LRT3 set to operate from June 2026, Loke tells Dewan Negara

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Updated:
  • The delayed Light Rail Transit 3 (LRT3) line is set to be operational by June this year.
  • To date, 14 out of 22 train sets have completed trials, with the remaining eight still undergoing testing.
  • It was initially to begin operations in July 2025 but was later pushed to December 2025 and now June 2026.
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AI seen boosting Apac real estate demand, not displacing it — Cushman & Wakefield

AI seen boosting Apac real estate demand, not displacing it — Cushman & Wakefield

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Updated:
  • AI will boost economic growth and real estate demand in Apac, not reduce it.
  • Under the baseline, the study projects 3%-4% annual GDP growth through 2030, driven by AI productivity.
  • For office real estate, Cushman & Wakefield expects AI to transform, rather than disrupt, the market.
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E&O introduces AVÉA waterfront residences at Andaman Island, Penang with RM1b GDV

E&O introduces AVÉA waterfront residences at Andaman Island, Penang with RM1b GDV

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Updated:
  • E&O launched AVÉA, a RM1 bil serviced apartment project on Andaman Island.
  • It offers 1,080 fully-furnished units across two towers, with prices from RM724,000.
  • The development emphasises waterfront living and sustainability, with 65% of Tower A already taken up.
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'Happiness' on paper: The unseen struggles behind Malaysia's housing law overhaul

'Happiness' on paper: The unseen struggles behind Malaysia's housing law overhaul

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Updated:
  • Malaysia's Housing Minister Nga Kor Ming links national success to citizen happiness.
  • However, proposed property law changes create a gap between this aspiration and lived reality.
  • The withdrawn URA Bill 2025 raised concerns about property rights and homeowner protections.
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Ann Joo unit sells 62.4-acre Gurun industrial plot to Zichen Malaysia for RM119.6 mil

Ann Joo unit sells 62.4-acre Gurun industrial plot to Zichen Malaysia for RM119.6 mil

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Updated:
  • Ann Joo Resources is selling 62.395 acres in Kedah for RM119.59 mil.
  • The sale is through its subsidiary GHIP and partner Transyear to Zichen Malaysia.
  • Ann Joo expects a RM42.3 mil gain from this land disposal.
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Over 1,000 shopping malls to provide recycling facilities by end-2026 — Nga

Over 1,000 shopping malls to provide recycling facilities by end-2026 — Nga

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Updated:
  • Over 1,000 malls will get recycling facilities by year-end.
  • This Cabinet decision aims to boost solid waste management.
  • It also promotes a circular economy in Malaysia.
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Citaglobal completes private placement; Berjaya Corp unit becomes substantial shareholder

Citaglobal completes private placement; Berjaya Corp unit becomes substantial shareholder

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Updated:
  • Citaglobal completed its private placement with new shares listed on Bursa Malaysia.
  • Berjaya Securities became a substantial shareholder, acquiring 8.64% of Citaglobal.
  • This subscription will not materially affect BCorp's financials.
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Chin Hin Group Property extends Johor JDA conditional period to December 9

Chin Hin Group Property extends Johor JDA conditional period to December 9

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Updated:
  • Chin Hin Group Property Bhd extended a joint development agreement.
  • Conditions for the project were not fully met by the deadline.
  • The new conditional period ends on Dec 9, 2026 following the original expiry.
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Beyond property listings: building the right relationship with a real estate agent

Beyond property listings: building the right relationship with a real estate agent

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Updated:
  • A real estate director emphasises client-agent relationship quality.
  • Punctuality, rapport, and clear communication are crucial for success.
  • Agents offer more than viewings; use their market knowledge.
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