PM urges swift construction of Terengganu Matriculation College

PM urges swift construction of Terengganu Matriculation College

news

Updated:
  • PM Anwar Ibrahim urged the swift construction of the Terengganu Matriculation College with RM27 million.
  • The college will accommodate 3,000 students and enhance educational access in the state.
  • Anwar emphasised the importance of quality education and maintaining a 90% quota for Bumiputera students.
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Rehda Institute kicks off RIYI mentorship programme on April 25

Rehda Institute kicks off RIYI mentorship programme on April 25

news

Updated:
  • The Rehda Institute will launch its Youth Initiative (RIYI) mentorship program on April 25.
  • This programme pairs students with industry professionals to enhance skills and employability.
  • RIYI gives students direct access to decades of senior management experience.
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Tanco's Midports switches to port concession model for RM5 mil/month Port Dickson smart container port

Tanco's Midports switches to port concession model for RM5 mil/month Port Dickson smart container port

news

Updated:
  • Tanco Holdings Bhd is restructuring its "Smart AI Container Port" project in Port Dickson.
  • The new Port Development Concession model replaces the previous lease arrangement.
  • This change is not expected to impact Tanco's finances immediately but may affect long-term profits.
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347 houses handed over under Baiti Jannati Programme in Federal Territory, says Yeoh

347 houses handed over under Baiti Jannati Programme in Federal Territory, says Yeoh

news

Updated:
  • A total of 347 housing units have been delivered under the Baiti Jannati Programme in Kuala Lumpur.
  • Aimed to improve living conditions for underprivileged families, with units costing around RM50,000 each.
  • Minister Hannah Yeoh emphasised the importance of collaboration to ensure families have stable homes.
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Paramount posts RM1b property sales for fourth straight year, acquires 363 acres of new landbank in 2025

Paramount posts RM1b property sales for fourth straight year, acquires 363 acres of new landbank in 2025

news

Updated:
  • Paramount Corp Bhd achieved over RM1 billion in property sales for the fourth year, despite lower revenue.
  • The company plans to launch properties worth RM1.1 bil in 2026 and aims for a 10% return on equity by 2030.
  • Additionally, Paramount ventured into F&B, acquiring a stake in Envictus International Holdings.
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NREC 2026: Inaugural Property Surveying Awards honours excellence across public, corporate, academic sectors

NREC 2026: Inaugural Property Surveying Awards honours excellence across public, corporate, academic sectors

news

Updated:
  • The Royal Institution of Surveyors Malaysia held its first Property Surveying Awards in Kuala Lumpur.
  • The event recognised contributions to the property surveying profession.
  • Key awardees included Knight Frank Malaysia and individuals like Datuk Mani Usilappan and Wong Kok Soo.
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Sabah mulls modern rail system to industrial parks, ports to boost economy

Sabah mulls modern rail system to industrial parks, ports to boost economy

news

Updated:
  • Sabah is studying a modern rail system to enhance logistics between Putatan and Kota Kinabalu.
  • The state government aims to improve transport infrastructure and public utilities.
  • Measures are being implemented to mitigate floods and landslides, ensuring infrastructure resilience.
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Wawasan Dengkil wins RM22.7 mil PKNS contract to build 56 single-storey homes in Sepang

Wawasan Dengkil wins RM22.7 mil PKNS contract to build 56 single-storey homes in Sepang

news

Updated:
  • Wawasan Dengkil Holdings Bhd has secured a RM22.7 million contract to build 56 residential units in Selangor.
  • Work will start on June 8, 2023, and is set to finish by October 24, 2027.
  • Project supports PKNS's affordable homes initiative and will enhance Wawasan Dengkil's financial performance.
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NREC 2026: Energy crunch highlights car-reliant suburban living unviable, property landscape needs restructuring — minister

NREC 2026: Energy crunch highlights car-reliant suburban living unviable, property landscape needs restructuring — minister

news

Updated:
  • Malaysia's development model is under scrutiny due to rising energy costs and urban inefficiencies.
  • Liew Chin Tong emphasised the need for sustainable urban strategies and a shift from car dependency.
  • He urged the real estate sector to support technological advancements and adapt to changing landscapes.
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AmFIRST REIT closes FY2026 at highest occupancy since FY2014, portfolio revaluation adds RM14.4 mil as full-year revenue tops RM110 mil

AmFIRST REIT closes FY2026 at highest occupancy since FY2014, portfolio revaluation adds RM14.4 mil as full-year revenue tops RM110 mil

news

Updated:
  • AmFIRST REIT reported a strong financial year ending March 31, 2026, with occupancy at 88.7%.
  • Portfolio's revaluation resulted in a fair value gain of RM14.41 million, raising NAV per unit to RM1.2178.
  • A final income distribution of 1.60 sen per unit was declared, totaling 2.87 sen for FY2026.
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