Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Petra launches SuRIA Home initiative with solar rebates up to RM3,000 for domestic users

Petra launches SuRIA Home initiative with solar rebates up to RM3,000 for domestic users

news

Updated:
  • The SuRIA Home initiative aims to help Malaysians reduce electricity bills via rooftop solar installations.
  • A budget of RM150 mil will provide rebates of RM600 per kWac, up to RM3,000, for eligible users.
  • The program is set to benefit 45,000 to 50,000 homes and starts accepting rebate claims on June 1, 2026.
Read More
Tropicana launches Live+ campaign with homeownership incentives across selected projects

Tropicana launches Live+ campaign with homeownership incentives across selected projects

news

Updated:
  • Tropicana Corp Bhd has launched the Live+ campaign, enhancing homeownership incentives.
  • The campaign runs until Dec 31, 2026, with seasonal prizes and multiple entries for purchasers.
  • Prizes include luxury travel, golf memberships, and homeownership savings, along with financing incentives.
Read More
Mesiniaga, I-Bhd to develop central residential AI platform

Mesiniaga, I-Bhd to develop central residential AI platform

news

Updated:
  • Mesiniaga Bhd and I-Bhd are developing an AI-powered platform called Luma for i-City in Selangor.
  • Luma aims to integrate various systems into a single network, enhancing safety and living experiences.
  • This innovative platform is expected to be the first of its kind globally.
Read More
DRB-HICOM 1Q2026 PBT more than doubles to RM192.4m; property segment revenue falls 70.2%

DRB-HICOM 1Q2026 PBT more than doubles to RM192.4m; property segment revenue falls 70.2%

news

Updated:
  • DRB-HICOM's property segment saw a 70.2% revenue drop to RM13.89 mil in 1Q2026 due to reduced activity.
  • Despite this, overall revenue rose 15.7% to RM4.76 bil, driven by mobility, banking, and postal sectors.
  • The group anticipates a moderate outlook for 2026, focusing on cost efficiency and digitalisation.
Read More
CHGP 1QFY26 revenue rises 15.6% to RM241.7m, driven by strong execution and cash generation

CHGP 1QFY26 revenue rises 15.6% to RM241.7m, driven by strong execution and cash generation

news

Updated:
  • Chin Hin Group Property Bhd reported strong 1Q results for FY26, with revenue up 15.6% to RM241.7 million.
  • The property development segment drove performance, contributing 96.4% of total revenue.
  • An interim dividend of 1.0 sen per share was declared, reflecting the group's solid cash position.
Read More
Aspen clarifies RM818 mil bid for Batu Kawan Industrial Park 2

Aspen clarifies RM818 mil bid for Batu Kawan Industrial Park 2

news

Updated:
  • Aspen Group CEO Datuk M Murly said there were no proposed deductions from the RM818 mil bid.
  • The PDC assessed the bid at RM500 mil, citing costs for infrastructure that Aspen disputes.
  • Aspen calls for an independent review of the proposal process.
Read More
Malaysia’s top 7 global trust ranking shows nation on right track, says Nga

Malaysia’s top 7 global trust ranking shows nation on right track, says Nga

news

Updated:
  • Malaysia ranks seventh in the 2026 Edelman Trust Barometer, indicating strong institutional confidence.
  • The Trust Index rose from 66 to 71 points, reflecting public trust in governance and development.
  • Government aims to maintain transparency and inclusivity to foster unity and address social challenges.
Read More
Selangor boosts industrial growth through strategic policy initiatives

Selangor boosts industrial growth through strategic policy initiatives

news

Updated:
  • Selangor is enhancing its status as an industrial hub with initiatives for industrial park development.
  • The Managed Industrial Park guidelines and SPEED Selangor Policy aim to attract high-value investments.
  • Emphasising SMEs and mid-tier companies, Selangor focuses on strengthening local capabilities.
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
Bites
Petra launches SuRIA Home initiative with solar rebates up to RM3,000 for domestic users