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PBT tenants in Negeri Sembilan to enjoy 20% rental cut

PBT tenants in Negeri Sembilan to enjoy 20% rental cut

news

Updated:
  • The Negeri Sembilan government will reduce rental fees by 20% for tenants from June to December.
  • This initiative will benefit 5,199 tenants across various local councils, costing RM1.4 million.
  • Additionally, vacant portfolios will be managed by current councillors amid recent political changes.
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Transport Ministry identifies several areas around LRT3 stations for TOD projects

Transport Ministry identifies several areas around LRT3 stations for TOD projects

news

Updated:
  • The Ministry of Transport identified areas around LRT3 stations for Transit-Oriented Development.
  • Among the potential areas are the Seri Andalas, Kayu Ara, Bandar Bukit Tinggi and Johan Setia stations.
  • The LRT3 Shah Alam Line will offer one month of free rides.
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One-month free rides on LRT3 Shah Alam starting Monday, says PM Anwar

One-month free rides on LRT3 Shah Alam starting Monday, says PM Anwar

news

Updated:
  • The LRT3 Shah Alam Line offers free rides from June 29 to July 31.
  • This includes feeder bus services along the new line.
  • The LRT3 Shah Alam Line project involved an investment of RM16.63 bil.
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Northern Malaysia needs ecosystem strategy, not another spillover narrative

Northern Malaysia needs ecosystem strategy, not another spillover narrative

news

Updated:
  • Malaysia's northern corridor, especially Kedah, sees unprecedented industrial investment growth.
  • This surge is driven by geopolitical shifts and structural advantages over competitors.
  • Future success hinges on building robust supporting ecosystems, not just attracting foreign direct investment.
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EcoWorld, SD Guthrie confirm completion of EBP8 land acquisition and Johor land disposal

EcoWorld, SD Guthrie confirm completion of EBP8 land acquisition and Johor land disposal

news

Updated:
  • EcoWorld and SD Guthrie completed a 935-acre land acquisition in Johor.
  • This fulfills prior agreements from November 2025.
  • The filings confirm previously announced transactions.
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Penang Port calls tender for 2.2-acre site at BDWW

Penang Port calls tender for 2.2-acre site at BDWW

news

Updated:
  • Penang Port seeks bids for a 2.20-acre parcel at Butterworth Deep Water Wharves.
  • The tender involves a long-term sub-lease for development and operation.
  • Proposals are due by July 30, 2026, with a mandatory site visit on June 30.
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Rehda Institute launches updated property development handbook to reflect evolving industry practices

Rehda Institute launches updated property development handbook to reflect evolving industry practices

news

Updated:
  • Rehda Institute launched its updated Property Development Handbook.
  • It guides developers through Malaysia's increasingly complex property landscape.
  • The handbook reflects current regulations, sustainability, and digital trends.
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Gamuda outperforms broader selldown, analysts shrug off weaker-than-expected results

Gamuda outperforms broader selldown, analysts shrug off weaker-than-expected results

news

Updated:
  • Gamuda Bhd shares rose despite a weaker quarter.
  • Analysts recommend buying, expecting future profit growth.
  • The company has a strong order book and project pipeline.
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Vestland wins RM135 mil construction job in Klang

Vestland wins RM135 mil construction job in Klang

news

Updated:
  • Vestland Bhd secured a RM135 mil construction contract in Bukit Raja, Klang.
  • The project involves superstructure works for a nine-story factory.
  • Completion is expected within 36 months from the start date.
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Econpile bags RM49 mil piling job in KL

Econpile bags RM49 mil piling job in KL

news

Updated:
  • Econpile secured a RM48.8 mil piling contract for a 74-story apartment project.
  • This boosts their FY2026 contract wins to RM404 mil.
  • The project will be completed within 16 months, with site operations commencing on July 7.
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PBT tenants in Negeri Sembilan to enjoy 20% rental cut