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Housing ministry expects over 400 low-carbon energy-saving projects to be ready by year end

Housing ministry expects over 400 low-carbon energy-saving projects to be ready by year end

news

Updated:
  • The Ministry of Housing expects over 400 low-carbon projects to finish by year-end.
  • JKT aims for 200 projects annually to support sustainability and cut utility costs.
  • The ministry urges local authorities to adopt immediate energy-saving measures.
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IOI Properties scales new high on REIT plan, analysts say watch Singapore next

IOI Properties scales new high on REIT plan, analysts say watch Singapore next

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Updated:
  • IOI Properties Group Bhd's shares rose to RM3.96, gaining 14% since announcing a REIT proposal.
  • The company plans to list its Malaysian assets and may monetise its Singapore portfolio by 2029.
  • Analysts have a consensus target price of RM4.04, with strong demand in Singapore's office market.
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IJM Land, Amona Group hit 25% leasing commitment at Enlace Shoppes, Pantai Sentral Park

IJM Land, Amona Group hit 25% leasing commitment at Enlace Shoppes, Pantai Sentral Park

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Updated:
  • IJM Land Bhd and Amona Group have signed more tenants at Enlace Shoppes, reaching 25% leasing.
  • They aim for 40% by 2026 and 80% occupancy by 2029, focusing on a forest dining experience.
  • Latest tenants include various F&B and lifestyle brands, reflecting strong demand for curated retail spaces.
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Menara Merdeka 118 receives Fire Certificate from JBPM, implements automated real-time fire monitoring system

Menara Merdeka 118 receives Fire Certificate from JBPM, implements automated real-time fire monitoring system

news

Updated:
  • Menara Merdeka 118 has received its Fire Certificate from Malaysia's Fire and Rescue Department.
  • The certification confirms compliance and includes a new Automated Fire Monitoring System.
  • This achievement enhances safety and confidence for tenants and visitors in the landmark development.
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Muhibbah Engineering bags RM120m job for Penang LRT project from Gamuda

Muhibbah Engineering bags RM120m job for Penang LRT project from Gamuda

news

Updated:
  • Muhibbah Engineering secured a RM120 million subcontract for the Penang LRT Mutiara Line project.
  • Work involves designing and installing noise barriers, starting this month and expected to finish by 3Q2030.
  • This contract will positively impact the company's earnings and net assets in the coming years!
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Country Heights names Mohd Rizal Zubair as its CEO

Country Heights names Mohd Rizal Zubair as its CEO

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Updated:
  • Country Heights Holdings Bhd has appointed Mohd Rizal Zubair as CEO effective April 15.
  • Rizal, with over 30 years of experience, previously led UKM Holdings and held key financial roles.
  • The Board believes his leadership will enhance operational performance and drive growth.
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Sentoria shares to be suspended on April 21 after being wound-up

Sentoria shares to be suspended on April 21 after being wound-up

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Updated:
  • Sentoria Group Bhd's shares will be suspended on April 21 after a court-ordered winding-up.
  • The company faces a RM134.95 million debt to RHB Bank and has been financially distressed since 2018.
  • Sentoria must present a financial recovery plan by June 3 to address its Practice Note 17 status.
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GreenRE tops 500 mil sq ft in certified space, ISW 2026 drives net-zero push

GreenRE tops 500 mil sq ft in certified space, ISW 2026 drives net-zero push

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Updated:
  • GreenRE has certified over 500 million square feet in Malaysia, covering various property types.
  • The International Sustainability Week 2026 aims for 1,500 participants and focuses on net-zero cities.
  • A Climate Change Act is expected by mid-year to support sustainability amid rising energy costs.
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Modern interpretation of kampung house

Modern interpretation of kampung house

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Updated:
  • A modern Malay house in Kuala Lumpur was completed in 2022, designed for family functionality.
  • The layout features a central "spine" for movement, balancing shared and private spaces effectively.
  • The home reflects a balance between natural aesthetics and long-term practicality.
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First phase of Penang air cargo warehouse expected to be completed in 2029

First phase of Penang air cargo warehouse expected to be completed in 2029

news

Updated:
  • Penang is developing the Penang International Logistics Aeropark, with phase one set for 2029.
  • The project will handle 500,000 tonnes of cargo annually by 2050, with 100,000 tonnes from the first phase.
  • This joint venture aims to enhance the logistics ecosystem and support the state's industrial growth.
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Housing ministry expects over 400 low-carbon energy-saving projects to be ready by year end