Mutiara Line LRT: Penang govt focusing on land, resident resettlement issues, says CM

Mutiara Line LRT: Penang govt focusing on land, resident resettlement issues, says CM

news

Updated:
  • Penang is addressing land acquisition and resettlement for the Mutiara Line LRT project.
  • Chief Minister Chow Kon Yeow noted that the relocation process is on schedule, affecting about 12 houses.
  • LRT aims to enhance connectivity and reduce congestion, with operations expected to start in December 2031.
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High debt, low income deter two-thirds of Malaysians from owning properties — Rehda

High debt, low income deter two-thirds of Malaysians from owning properties — Rehda

news

Updated:
  • Over two-thirds of Malaysian homebuyers struggle to secure financing due to high debt and low income.
  • A survey revealed that 72% of developers faced financing issues, primarily from bank loan rejections.
  • Gap between income growth and housing prices exacerbates affordability challenges.
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Tropicana launches Raya campaign offering rewards worth over RM2 mil across 10 developments

Tropicana launches Raya campaign offering rewards worth over RM2 mil across 10 developments

news

Updated:
  • Tropicana Corp has launched a Hari Raya Aidilfitri sales campaign with over RM2 million in incentives.
  • The "Spread the Rezeki Raya Campaign" runs until April 18, featuring 10 developments and various rewards.
  • Open house events will be held in Johor, Selangor, and Subang Jaya, promoting community engagement.
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8 Conlay developer appealing GDB’s recovery of RM103 mil in unpaid sums

8 Conlay developer appealing GDB’s recovery of RM103 mil in unpaid sums

news

Updated:
  • GDB Holdings is facing a court appeal from KSK Land over a RM102.8 million payment dispute.
  • The conflict stems from late payments on a RM1.25 billion contract for the 8 Conlay project.
  • Payment issues first emerged in 2022, prompting the contractor to suspend works and commence legal action.
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M Cora and the transit premium: Why Mah Sing’s Penang launch is drawing investor attention

M Cora and the transit premium: Why Mah Sing’s Penang launch is drawing investor attention

news

Updated:
  • Mah Sing Group Bhd is advancing its M Cora residential project in Penang, valued at RM528 million.
  • The development, near the future Bandar Sri Pinang LRT station, aims to enhance connectivity, sustainability.
  • Analysts expect it to contribute RM17.1 million annually to earnings from FY2027 to FY2030.
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Data centre jobs keep construction sector outlook upbeat despite mixed quarterly resultsmrt

Data centre jobs keep construction sector outlook upbeat despite mixed quarterly resultsmrt

news

Updated:
  • Malaysia's construction sector is set to grow, driven by private sector jobs and data centre projects.
  • BIMB Securities maintains an 'overweight' rating, noting strong demand and earnings among contractors.
  • However, risks like project delays and cost pressures could impact the sector's performance moving forward.
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Govt finalising Johor-Singapore Special Economic Zone master plan, investment blueprint — minister

Govt finalising Johor-Singapore Special Economic Zone master plan, investment blueprint — minister

news

Updated:
  • The Ministry of Economy is finalizing the JS-SEZ master plan, launching it on March 30.
  • This plan aims to enhance economic ties between Malaysia and Singapore, boosting growth in Johor.
  • The JS-SEZ seeks to create over 20,000 high-skilled jobs and achieve a GDP of RM260 billion by 2030.
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Living in Shah Alam: Everything you need to know

Living in Shah Alam: Everything you need to know

news

Updated:
  • Shah Alam offers a balanced lifestyle with affordable homes, strong connectivity, and quality amenities.
  • The city attracts families, students, and professionals with its diverse property options.
  • Shah Alam is an appealing choice for various residents and investors alike.
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Actress’ husband charged with cheating over state land, Datuk title

Actress’ husband charged with cheating over state land, Datuk title

news

Updated:
  • An actress's husband, Mohd Apri Hazreen, pleaded not guilty to cheating a man of RM270,811.
  • He allegedly deceived the victim into transferring money for non-existent land and a fake Datuk title.
  • Bail was set at RM50,000 in the Sessions Court and RM3,000 in the Magistrate’s Court.
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GAP Estate achieves RM885 mil GDV in sales for 2025, sets RM2 bil target for 2026

GAP Estate achieves RM885 mil GDV in sales for 2025, sets RM2 bil target for 2026

news

Updated:
  • GAP Estate achieved a record RM885 million in sales for 2025, marking significant growth.
  • The agency aims for RM2 billion in GDV for 2026, focusing on industrial property.
  • Awards were given to top performers at their Annual Dinner, highlighting exceptional achievements in sales.
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Mutiara Line LRT: Penang govt focusing on land, resident resettlement issues, says CM