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Sunway Construction starts FY2026 on strong footing, declares total dividend of 22.8 sen

Sunway Construction starts FY2026 on strong footing, declares total dividend of 22.8 sen

news

Updated:
  • Sunway Construction Group Bhd reported a 56.4% rise in net profit for 1QFY2026, reaching RM118.41 mil.
  • The group declared a total dividend of 22.8 sen per share and has secured RM3.59 bil in new jobs.
  • Despite geopolitical uncertainties, SunCon is optimistic about growth, especially in data centre construction.
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WCT Holdings bags RM152.7 mil job for Taiwan’s national highway interchange

WCT Holdings bags RM152.7 mil job for Taiwan’s national highway interchange

news

Updated:
  • WCT Holdings Bhd's Taiwan unit won a RM152.7 mil contract for a 4.1 km road project.
  • Construction starts on Aug 1, 2026, and will take 42 months to complete.
  • The project awarded by WU En De Construction Co Ltd covers road, bridge and drainage works.
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Strong PJ high-rise demand supports Lumeo @ The Atera's next phase after first tower sells out

Strong PJ high-rise demand supports Lumeo @ The Atera's next phase after first tower sells out

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Updated:
  • Paramount Corp is launching the second residential tower of Lumeo @ The Atera due to high demand.
  • The development features modern urban living with smart home features and excellent connectivity.
  • PJ leads Selangor's high-rise market, with a focus on redevelopment and adaptive reuse of industrial sites.
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EcoWorld: Syed Mokhtar acquires Leong Kok Wah's stake, becomes substantial shareholder

EcoWorld: Syed Mokhtar acquires Leong Kok Wah's stake, becomes substantial shareholder

news

Updated:
  • Eco World Development Group Bhd has a new substantial shareholder, Tan Sri Syed Mokhtar Shah Syed Nor.
  • He acquired Datuk Leong Kok Wah's shares in Syabas Tropikal, which owns 30.1% of EcoWorld.
  • EcoWorld's chairman expressed gratitude to Leong and welcomed Syed Mokhtar's involvement.
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Gold Li targets 10% revenue growth for 2026 on demand from Johor property market

Gold Li targets 10% revenue growth for 2026 on demand from Johor property market

news

Updated:
  • Gold Li Holdings Bhd aims for a 10% revenue growth in FY2026, targeting RM70 mil in revenue.
  • The company has 13 ongoing projects and plans a 500-unit high-rise in Muar for 2027, valued at RM400 mil.
  • Despite market challenges, Gold Li remains optimistic about local demand.
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Triterra builds on the success of The MET to continuously set new benchmarks

Triterra builds on the success of The MET to continuously set new benchmarks

news

Updated:
  • The MET Corporate Towers in KL Metropolis offers a unique office environment with hospitality-like features.
  • Triterra's CEO emphasises a "three-generational" leadership philosophy to adapt to market changes.
  • Future projects may blend residential and commercial spaces, enhancing KL's competitiveness.
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The front-to-back AI roadmap: A plug-and-play guide for Malaysian SME developers

The front-to-back AI roadmap: A plug-and-play guide for Malaysian SME developers

news

Updated:
  • AI adoption is transforming Malaysia's property development, especially for SMEs.
  • Given the lean nature of Malaysian SME developers, the strategic priority should follow a "Front-to-Back" app.
  • Embracing AI allows lean teams to enhance efficiency and compete effectively against larger developers.
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OSK Property unveils Aura following 80% sell-out of BLVD in Melbourne Square, Australia

OSK Property unveils Aura following 80% sell-out of BLVD in Melbourne Square, Australia

news

Updated:
  • OSK Property Holdings Bhd launched Aura, a RM2.25 bil residential tower in Melbourne Square, Southbank.
  • The 67-storey tower features 673 residences focused on wellness and offers extensive lifestyle amenities.
  • Construction is set to begin in late 2026, with completion expected by 2029.
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Bangsar property outlook: Have the upmarket prices stayed uptrend?

Bangsar property outlook: Have the upmarket prices stayed uptrend?

news

Updated:
  • Bangsar, a prominent suburb near Kuala Lumpur, blends residential and commercial spaces.
  • Property prices are high, with strong demand from local buyers and expatriates influencing the rental market.
  • Opportunities for growth exist, particularly in well-located properties and commercial segments.
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Changing the game: How TRX reshapes the appeal of KL CBD

Changing the game: How TRX reshapes the appeal of KL CBD

news

Updated:
  • Kuala Lumpur's Tun Razak Exchange (TRX) is transforming into a vibrant international financial district.
  • Development integrates commercial, residential, and lifestyle spaces, enhancing urban connectivity and appeal.
  • As TRX matures, it is reshaping surrounding areas and attracting global firms.
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Sunway Construction starts FY2026 on strong footing, declares total dividend of 22.8 sen