Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
KL Metro launches RM1.6 bil Lexis Hibiscus 2 with 15-year leaseback scheme

KL Metro launches RM1.6 bil Lexis Hibiscus 2 with 15-year leaseback scheme

news

Updated:
  • KL Metro Group is launching Lexis Hibiscus 2, a RM1.6 bil project with 910 overwater villas.
  • The development aims to capitalise on growing tourism and investment demand in Port Dickson.
  • Construction has begun and is expected to be completed in four years.
Read More
Radium records higher revenue and profit in 1QFY2026, driven by Klang Valley development progress

Radium records higher revenue and profit in 1QFY2026, driven by Klang Valley development progress

news

Updated:
  • Radium Development Bhd reported a revenue of RM70.8 mil for 1QFY2026, up from RM40 mil last year.
  • The company is diversifying into healthcare, with plans for Radium Hospital @ Ayer Keroh, a 140-bed facility.
  • Shareholders approved this diversification, supporting ongoing property developments and future projects.
Read More
MOT cites legal, technical continuity for single-source Penang LRT Package 1 procurement

MOT cites legal, technical continuity for single-source Penang LRT Package 1 procurement

news

Updated:
  • The Transport Ministry defends using a single-source RFP for the RM7.93 bil Penang Mutiara Line LRT project.
  • This approach aims to ensure legal continuity and leverage SRS Consortium's existing expertise.
  • Future project packages will require open tenders to promote transparency and competition.
Read More
Living in Penang: What you need to know

Living in Penang: What you need to know

news

Updated:
  • Penang, known as the Pearl of the Orient, offers a unique blend of culture and modern living.
  • It caters to various lifestyles, from heritage sites in George Town to coastal condos in Batu Ferringhi.
  • With ongoing infrastructure improvements and a vibrant economy, Penang remains an attractive destination.
Read More
Kerjaya Prospek sees more job opportunities, unfazed by Mideast war-driven cost hikes

Kerjaya Prospek sees more job opportunities, unfazed by Mideast war-driven cost hikes

news

Updated:
  • Kerjaya Prospek Group remains confident in navigating rising construction costs amid the Middle East conflict.
  • Executive chairman Datuk Seri Tee Eng Ho believes cost pressures are manageable due to their experience.
  • The group anticipates securing more jobs this year, potentially exceeding its RM2 bil target.
Read More
Semantan Estate: Court still wants parties to consider mediation, as decision on trespass compensation looms

Semantan Estate: Court still wants parties to consider mediation, as decision on trespass compensation looms

news

Updated:
  • The High Court is urging the federal govt and Semantan Estate to consider mediation on trespass compensation.
  • Semantan Estate seeks RM3.1 bil to RM13.1 bil, while the government estimates RM290 mil.
  • A case management date is set for June 24, with a decision likely delivered online.
Read More
Setia Awan partners retail brands for upcoming Avenue F mall in Bukit Ampang Permai

Setia Awan partners retail brands for upcoming Avenue F mall in Bukit Ampang Permai

news

Updated:
  • Setia Awan has signed a memorandum of understanding for its Avenue F development in Bukit Ampang Permai.
  • The collaboration includes seven brands from grocery, healthcare, and culinary sectors.
  • Avenue F, the first neighborhood mall in the area, is set to complete by 3Q2027.
Read More
Hilton Shah Alam Glenmarie positions itself as Klang Valley’s premier urban resort

Hilton Shah Alam Glenmarie positions itself as Klang Valley’s premier urban resort

news

Updated:
  • The former Glenmarie Hotel has rebranded as Hilton Shah Alam Glenmarie, reopening on March 1, 2026.
  • It targets MICE and leisure travellers with expanded event spaces and 261 rooms, including for families.
  • Upcoming Hilton developments include resorts in Langkawi and Kota Kinabalu, enhancing their luxury portfolio.
Read More
Village Grocer opens at SKS City Mall JBCC near Singapore CIQ checkpoint

Village Grocer opens at SKS City Mall JBCC near Singapore CIQ checkpoint

news

Updated:
  • Village Grocer has opened a new store in Johor Bahru City Centre at SKS City Mall JBCC.
  • The outlet targets local residents and cross-border visitors with premium grocery offerings.
  • It will operate as a plastic-free-at-checkout store to promote sustainability.
Read More
New MACC chief: No further action on IJM chairman, RM2.5 bil allegation baseless; other probes ongoing

New MACC chief: No further action on IJM chairman, RM2.5 bil allegation baseless; other probes ongoing

news

Updated:
  • The MACC said an investigation related to Sunway Bhd’s bid to take over IJM Corp Bhd is ongoing.
  • Despite previous clearance, the MACC found elements warranting further investigation under relevant laws.
  • Investigation into IJM chairman Krishnan Tan had been classified as “no further action”.
Read More
Bites