Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Glomac’s 3Q net profit nearly triples amid increased property development activities

Glomac’s 3Q net profit nearly triples amid increased property development activities

news

Updated:
  • Glomac Bhd's net profit surged to RM5.18 million in 3QFY2026, nearly tripling from RM1.95 million.
  • Revenue also nearly doubled to RM64.59 million, driven by strong property development contributions.
  • Group plans to launch new residential phases worth RM256 million, supported by a robust development pipeline.
Read More
AFFIN and IKEA ink MOU to support homeowners via integrated financing and furnishing solutions

AFFIN and IKEA ink MOU to support homeowners via integrated financing and furnishing solutions

news

Updated:
  • AFFIN and IKEA Malaysia partnered to offer integrated home financing and furnishing solutions.
  • They introduced AFFIN Home Renovation-i, covering up to 120% of renovation costs.
  • Complementing this is AFFIN Flexi Save/-i, which allows customers to potentially reduce financing costs.
Read More
Chin Hin group overhauls boards as founder takes emeritus role

Chin Hin group overhauls boards as founder takes emeritus role

news

Updated:
  • Datuk Seri Chiau Beng Teik will step down as chairman of several Chin Hin-linked companies by July 1, 2026.
  • His son, Datuk Wira Chiau Haw Choon, will become executive chairman across these entities.
  • This move is part of a planned succession to ensure leadership continuity and future growth.
Read More
Nga: Over 93,000 first-time homebuyers benefit from Housing Credit Guarantee Scheme to date

Nga: Over 93,000 first-time homebuyers benefit from Housing Credit Guarantee Scheme to date

news

Updated:
  • The Housing Credit Guarantee Scheme has aided 93,555 first-time homebuyers.
  • RM18 bil remains from the RM40 bil allocation for housing financing.
  • The government aims to help 100,000 homebuyers by year-end.
Read More
Johor polls to have limited impact on property market — Juwai IQI

Johor polls to have limited impact on property market — Juwai IQI

news

Updated:
  • A Johor election in 2026 will likely not impact the property market.
  • Home sales may slow temporarily before the election.
  • Post-election, sales should rebound, driven by new economic initiatives.
Read More
TAFI’s RM23.5 mil Muar factory disposal progresses after conditions precedent met

TAFI’s RM23.5 mil Muar factory disposal progresses after conditions precedent met

news

Updated:
  • TAFI Industries Bhd's property sale in Muar, Johor, has progressed.
  • The RM23.5 mil deal will boost cash flow and focus.
  • This disposal is expected to yield a significant gain for TAFI.
Read More
YLI enters property development with RM28 mil Puncak Alam joint venture

YLI enters property development with RM28 mil Puncak Alam joint venture

news

Updated:
  • YLI Holdings Bhd is entering property development via a joint venture in Bandar Puncak Alam.
  • Its subsidiary, Yew Lean Industries, will develop 10.963 acres of land.
  • This move diversifies YLI's earnings and optimises capital deployment for future growth.
Read More
Matrix Concepts marks 30th anniversary with homeownership campaign offering RM30 mil in rewards

Matrix Concepts marks 30th anniversary with homeownership campaign offering RM30 mil in rewards

news

Updated:
  • Matrix Concepts launched its 30th-anniversary campaign, offering over RM30 mil in rewards.
  • Running from June 30 to Nov 30, 2026, the campaign has the theme "Buy a Home. Stand to Win Another".
  • The five Matrix Elementals mascots introduced.
Read More
Crescendo’s 1Q profit surges on one-off Bandar Cemerlang data centre land sale

Crescendo’s 1Q profit surges on one-off Bandar Cemerlang data centre land sale

news

Updated:
  • Crescendo Corp Bhd saw a huge earnings jump in 1QFY2027.
  • This was driven by a data centre land sale in Johor.
  • The company expects to perform well despite global uncertainties.
Read More
Bina Puri wins 75% lender approval for debt restructuring plan

Bina Puri wins 75% lender approval for debt restructuring plan

news

Updated:
  • Bina Puri Holdings Bhd (BPHB) received an "approval in principle" for its debt restructuring.
  • This approval came from lenders representing over 75% of its debt.
  • The scheme is binding on participating lenders within the CDRC framework.
Read More
Bites