Ideal Property Group’s Penang Technology Park @ Bertam completes Phase 1, Phase 2 at 85%

Ideal Property Group’s Penang Technology Park @ Bertam completes Phase 1, Phase 2 at 85%

news

Updated:
  • Ideal Property Group's Penang Technology Park has completed Phase 1 and is 85% through Phase 2.
  • The park is becoming a key part of Penang's semiconductor ecosystem, attracting foreign investments.
  • Major projects include a lithium battery facility and a silicon carbide wafer production base.
Read More
SimeProp posts higher dividend, profit in 2025; eyes RM4 bil sales this year

SimeProp posts higher dividend, profit in 2025; eyes RM4 bil sales this year

news

Updated:
  • Sime Darby Property Bhd reported a 3.09% net profit increase for FY2025, reaching RM517.74 million.
  • The group surpassed RM4 billion in sales for the second year, with a revenue of RM4.18 billion.
  • They aim for RM4 billion in sales this year, supported by planned launches worth RM4.7 billion.
Read More
IJM Land launches RM92.9 mil Sutera Phase 2 at S2 Heights Aman

IJM Land launches RM92.9 mil Sutera Phase 2 at S2 Heights Aman

news

Updated:
  • IJM Land Bhd has launched Sutera Phase 2 at S2 Heights Aman, valued at RM92 million.
  • This phase includes 104 two-storey link homes with built-ups from 1,949 sq ft.
  • The development features green areas and is near lifestyle hubs, promoting a family-friendly environment.
Read More
Kerjaya Prospek eyes industrial park expansion, land bank growth

Kerjaya Prospek eyes industrial park expansion, land bank growth

news

Updated:
  • Kerjaya Prospek Group Bhd is seeking new industrial park opportunities beyond its Penang joint venture.
  • The group reported a 54% profit increase and is in talks for the Batu Kawan Industrial Park project.
  • They also plan land acquisitions in Kuala Lumpur, Penang, and Johor to enhance their property portfolio.
Read More
Kerjaya Prospek sees 53% earnings jump in 4Q, declares 3.5 sen dividend

Kerjaya Prospek sees 53% earnings jump in 4Q, declares 3.5 sen dividend

news

Updated:
  • Kerjaya Prospek Group Bhd's net profit surged 53.36% to RM66.73 million in 4QFY2025.
  • Revenue increased 12.3% to RM671.66 million, driven by a 123.9% rise in property development.
  • The group declared a higher dividend of 3.5 sen per share, supported by a strong order book of RM3.9 billion.
Read More
Heng Guan Development secures five anchor tenants for Aera Business Centre in Sungai Petani

Heng Guan Development secures five anchor tenants for Aera Business Centre in Sungai Petani

news

Updated:
  • Heng Guan Development has secured five anchor tenants for the Aera Business Centre in Kedah.
  • The centre will feature around 50 shopoffices and is set to complete by 2Q2026, with nearly 70% occupancy.
  • Aera Township aims to integrate residential and commercial spaces within a 150-acre master plan.
Read More
Matrix Concepts' 3Q profit climbs 15.5% on stronger revenue recognition, take-ups

Matrix Concepts' 3Q profit climbs 15.5% on stronger revenue recognition, take-ups

news

Updated:
  • Matrix Concepts Holdings Bhd reported a 15.5% rise in net profit to RM50.04 million for 3QFY2026.
  • Revenue increased by 31.8% to RM370.14 million, driven by strong project take-up rates.
  • The company anticipates growth from new acquisitions and planned launches exceeding RM800 million.
Read More
Malaysia’s data-centre footprint expands as cloud and AI investments deepen across Asean

Malaysia’s data-centre footprint expands as cloud and AI investments deepen across Asean

news

Updated:
  • Malaysia's data-centre sector is rapidly expanding due to strong hyperscaler demand and policy support.
  • Cyberjaya and Kuala Lumpur are key hubs, while Johor is emerging as the fastest-growing area for data centres.
  • New Industrial Master Plan 2030 highlights digital infrastructure as vital for economic growth in Malaysia.
Read More
E&O 3Q net profit rises 105.6% to RM63.5m on stronger property billings

E&O 3Q net profit rises 105.6% to RM63.5m on stronger property billings

news

Updated:
  • Eastern & Oriental Bhd reported a 105.6% increase in net profit to RM63.51 million for 3QFY2026.
  • Revenue rose 45.4% to RM243.92 million, driven by strong performance in the property segment.
  • The company declared an interim dividend of one sen per share.
Read More
Radium Development 4Q net profit reaches RM1.73 mil, eyes healthcare expansion

Radium Development 4Q net profit reaches RM1.73 mil, eyes healthcare expansion

news

Updated:
  • Radium Development reported a lower net profit of RM1.73 mil in 4Q, despite revenue rising to RM71.58 mil.
  • The group plans to diversify into healthcare, developing a 140-bed hospital in Melaka.
  • Their active development pipeline includes projects with a combined GDV of RM2.54 billion.
Read More
Bites
Ideal Property Group’s Penang Technology Park @ Bertam completes Phase 1, Phase 2 at 85%