Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Living in Cheras: A complete property and lifestyle guide

Living in Cheras: A complete property and lifestyle guide

news

Updated:
  • Cheras is a well-connected suburb in Kuala Lumpur, offering urban convenience and affordability.
  • It features diverse property types, from serviced apartments to landed homes, appealing to various buyers.
  • Cheras is ideal for families, students, and investors alike.
Read More
Apex court quashes NGO bid to challenge Bukit Cherakah’s degazettement in split 2-1 decision

Apex court quashes NGO bid to challenge Bukit Cherakah’s degazettement in split 2-1 decision

news

Updated:
  • Federal Court rejected a judicial review by NGOs challenging the Selangor govt's removal of forest protection.
  • In a 2-1 decision, the court ruled against the NGOs' claims that the backdated degazettement was illegal.
  • The ruling impacts a contentious road project and highlights procedural concerns raised by the NGOs.
Read More
Semantan Estate’s discovery application dismissed, hearing for compensation also deferred

Semantan Estate’s discovery application dismissed, hearing for compensation also deferred

news

Updated:
  • The High Court dismissed Semantan Estate's discovery applications for documents related to land compensation.
  • Judge Roslan noted the government conducted thorough searches but found limited results.
  • The court rescheduled the assessment of damages to April 10, as both parties need time to exchange reports.
Read More
Former KL Tower operator passes first hurdle in court to challenge last year's eviction notice

Former KL Tower operator passes first hurdle in court to challenge last year's eviction notice

news

Updated:
  • Menara Kuala Lumpur Sdn Bhd and Hydroshoppe Sdn Bhd will challenge eviction notices in court.
  • The High Court allowed their judicial review against the Federal Lands Commissioner and the government.
  • The case involves allegations of contractual breaches related to the KL Tower concession award.
Read More
Kenanga starts covering Al-Aqar Healthcare REIT for its recession-resistant portfolio

Kenanga starts covering Al-Aqar Healthcare REIT for its recession-resistant portfolio

news

Updated:
  • Kenanga Investment Bank has rated Al-Aqar Healthcare REIT as 'outperform' due to its stable cash flows.
  • The REIT's portfolio is growing, with a target asset size of RM2.5 bil by 2028, bolstered by long-term leases.
  • However, risks include tenant concentration, as KPJ Healthcare is the main tenant for 90% of the portfolio.
Read More
BHIC to dispose of Penang shipyard land for RM28 mil, expects RM14.4 mil gain

BHIC to dispose of Penang shipyard land for RM28 mil, expects RM14.4 mil gain

news

Updated:
  • Boustead Heavy Industries Corp Bhd is selling three land parcels in Penang for RM28 million.
  • The sale aims to unlock value and generate cash flow, with an expected gain of RM14.39 million.
  • Proceeds will fund working capital, including settling payables and maintaining facilities.
Read More
NCT Alliance expands NCT Smart Industrial Park with RM53 mil land subscription

NCT Alliance expands NCT Smart Industrial Park with RM53 mil land subscription

news

Updated:
  • NCT Alliance Bhd is expanding its NCT Smart Industrial Park with a RM53 million land acquisition.
  • The deal will give NCT World a 99.8% stake in Semanja Murni Sdn Bhd, enhancing their industrial ecosystem.
  • The expansion is expected to have a gross development value of RM1.5 billion.
Read More
Ikano Centres to launch new dining hubs at IPC and Toppen, targeting December 2026 opening

Ikano Centres to launch new dining hubs at IPC and Toppen, targeting December 2026 opening

news

Updated:
  • Ikano Centres will launch two new dining concepts, IPC Gourmet Hall and Toppen Foodland, in December.
  • These spaces aim to enhance customer engagement and footfall within their IKEA-anchored malls.
  • Initiatives reflect a strategy to create vibrant social hubs, supporting longer visits and repeat customers.
Read More
Magna Prima – OCR Shah Alam JV realigned: RM45 mil land sale marks structural shift in development plan

Magna Prima – OCR Shah Alam JV realigned: RM45 mil land sale marks structural shift in development plan

news

Updated:
  • Magna Prima Bhd is investing RM45 million to regain control of a 4.58-acre plot in Shah Alam.
  • The joint venture with OCR Avenue remains active, but the structure has changed, allowing direct control.
  • The site is part of a larger plan for an integrated e-commerce logistics hub valued at RM1.5 billion.
Read More
Citaglobal bags RM150m Navy housing contract in Sabah, order book now at RM1.44b

Citaglobal bags RM150m Navy housing contract in Sabah, order book now at RM1.44b

news

Updated:
  • Citaglobal Bhd has secured a RM150 million contract to build military housing in Sabah.
  • The project aims to enhance living standards for Royal Malaysian Navy personnel and is set for completion in 40 months.
  • Citaglobal's order book now totals RM1.44 billion, reflecting recent contract wins in various sectors.
Read More
Bites
Living in Cheras: A complete property and lifestyle guide