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Penang to seek DOE report on Jelutong landfill rehabilitation, reclamation projects, says CM Chow

Penang to seek DOE report on Jelutong landfill rehabilitation, reclamation projects, says CM Chow

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Updated:
  • Penang will get a DOE report before deciding on the Jelutong landfill project.
  • The Chief Minister stated the EIA process is ongoing, not finalised.
  • He also clarified that Penang's cash reserves rose from a 2025 surplus, not land tax hikes.
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IJM Land delivers Nexus Phase 1 in Seremban 2, now 85% sold

IJM Land delivers Nexus Phase 1 in Seremban 2, now 85% sold

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Updated:
  • IJM Land began handing over Nexus Phase 1, a commercial hub in Seremban 2.
  • This phase, with 166 shop offices, has an 85% take-up rate.
  • The project aims to serve growing residential areas and ensure lasting commercial appeal.
Sime Darby Property's new fund to give RM62 mil annual profit boost by 2H2027 — HLIB

Sime Darby Property's new fund to give RM62 mil annual profit boost by 2H2027 — HLIB

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Updated:
  • Sime Darby Property's new fund could generate RM62 mil in annual profit by 2H2027.
  • The RM1.25 bil fund will invest in data centres and logistics projects.
  • It has secured capital commitments from major investors.
Minister says need to keep tabs on 22 'sick' projects in Sabah

Minister says need to keep tabs on 22 'sick' projects in Sabah

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Updated:
  • Twenty-two federal projects in Sabah are delayed, needing close monitoring.
  • Land issues and poor contractor performance cause these delays.
  • A task force may address land problems, and contractors could be replaced.
Tanco tanks as MD sells shares, brother snaps them up

Tanco tanks as MD sells shares, brother snaps them up

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Updated:
  • Tanco Holdings' MD sold 24.63 million shares for RM38.29 mil.
  • This sale occurred as Tanco's share price sharply declined.
  • His brother bought shares at a lower price during this period.
Tanco suffers another limit-down, losing streak wipes out nearly RM6b from market cap

Tanco suffers another limit-down, losing streak wipes out nearly RM6b from market cap

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Updated:
  • Tanco Holdings Bhd shares fell sharply for the fourth consecutive day.
  • The stock dropped 30%, triggering a short selling suspension.
  • An executive director bought shares amid the decline.
Knight Frank: Real estate records RM78.2b investment in 2025 amid 86.7% surge in private equity

Knight Frank: Real estate records RM78.2b investment in 2025 amid 86.7% surge in private equity

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Updated:
  • Malaysia saw record RM426.7 billion in approved investments in 2025.
  • Private capital, including UHNWIs, dominated global real estate investments.
  • This trend is driven by faster decisions and higher risk tolerance.
IGB completes Johor Southkey land deal, announces buy-back, board changes, AGM outcomes

IGB completes Johor Southkey land deal, announces buy-back, board changes, AGM outcomes

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Updated:
  • IGB Bhd completed a land acquisition in Johor Bahru for a joint venture.
  • The company also repurchased 30,000 of its own shares.
  • All resolutions were passed at the annual general meeting.
Nga launches Botanik Point in Ampang — 46 landed homes on 1.78-acre freehold land

Nga launches Botanik Point in Ampang — 46 landed homes on 1.78-acre freehold land

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Updated:
  • Botanik Point, a low-density residential project, launched in Ampang with a RM96 million GDV.
  • It features 46 units, preserving 30% of the site as a nature reserve.
  • The project emphasises sustainability and has Provisional GreenRE Platinum certification.
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