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Malaysia's 1Q retail sales growth worse than expected at 3.7%, association cuts full-year forecast

Malaysia's 1Q retail sales growth worse than expected at 3.7%, association cuts full-year forecast

news

Updated:
  • Malaysia's 1Q retail sales grew 3.7%, below the 4.4% forecast.
  • The annual growth projection was cut to 3.8% due to global impacts.
  • Despite mixed sub-sector performance, Malaysia attracted 10.65 million foreign tourists in the first quarter.
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ParkCity Group bags two World Gold honours at FIABCI World Prix d'Excellence Awards 2026

ParkCity Group bags two World Gold honours at FIABCI World Prix d'Excellence Awards 2026

news

Updated:
  • ParkCity Group won two World Gold awards at the FIABCI World Prix d'Excellence Awards 2026.
  • They were honored for Park Regent in Kuala Lumpur and The Mansions in Hanoi.
  • This validates their philosophy of creating thriving communities globally.
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UDA delivers Areca Terrace Phase 4B ahead of schedule with all 153 units sold

UDA delivers Areca Terrace Phase 4B ahead of schedule with all 153 units sold

news

Updated:
  • UDA Holdings Bhd delivered 153 fully sold homes in Johor Bahru early.
  • The homes are two-storey terrace houses with built-ups of 1,518 sq ft.
  • Buyers were mainly young professionals and families aged between 30 and 45.
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KPKT: Malaysia emerges as biggest winner at FIABCI World Prix d’Excellence Awards 2026

KPKT: Malaysia emerges as biggest winner at FIABCI World Prix d’Excellence Awards 2026

news

Updated:
  • Malaysia won big at the FIABCI World Prix d’Excellence Awards 2026.
  • The country’s developers secured six gold and six silver awards, a testament to the strong property sector.
  • This success highlights Malaysia's world-class development capabilities and reforms.
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Strata developments grow more complex, exposing governance and legal gaps — experts

Strata developments grow more complex, exposing governance and legal gaps — experts

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Updated:
  • Malaysia's complex strata developments highlight governance gaps, needing clearer rules.
  • Experts call for amendments to address evolving market realities and resident expectations.
  • Developers remain liable for defects, and management bodies face new challenges.
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WORQ launches 13th outlet at Menara Shell in partnership with Sentral REIT

WORQ launches 13th outlet at Menara Shell in partnership with Sentral REIT

news

Updated:
  • WORQ opened its 13th fully-occupied coworking space at Menara Shell, KL Sentral.
  • This expansion, in partnership with Sentral REIT, boosts its KL Sentral footprint to 60,000 sq ft.
  • The move highlights WORQ's focus on transit-oriented, flexible workspaces and public transport use.
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I-Bhd's i-City partners Twin-Matrix to explore AI companion for AI Living initiative

I-Bhd's i-City partners Twin-Matrix to explore AI companion for AI Living initiative

news

Updated:
  • I-Bhd's i-City and Twin-Matrix Technologies are partnering for AI-enhanced living.
  • They will develop an AI companion that could serve as the resident-facing interface for AI Living.
  • Twin-Matrix specialises in spatial intelligence, digital twin environments and AI-enhanced experiential tech.
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YLI allocates 75% of RM20.6 mil working-capital proceeds to purchases, reserves

YLI allocates 75% of RM20.6 mil working-capital proceeds to purchases, reserves

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Updated:
  • YLI Holdings Bhd clarified its use of RM20.6 mil from a land sale.
  • 75% of funds are for trade purchases and working capital reserves.
  • The remaining 25% covers financial commitments and overhead.
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Sime Darby Property’s Elmina Lakeside Mall wins FIABCI World Gold Award in retail category

Sime Darby Property’s Elmina Lakeside Mall wins FIABCI World Gold Award in retail category

news

Updated:
  • Elmina Lakeside Mall won the FIABCI World Gold Award in Retail.
  • This mall is an open-air development in Selangor, Malaysia.
  • It achieved full occupancy quickly and boasts sustainable features.
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Sime Darby Property gets shareholder nod for new LTIP and CEO share grant

Sime Darby Property gets shareholder nod for new LTIP and CEO share grant

news

Updated:
  • Sime Darby Property shareholders approved a new long-term incentive plan.
  • They also approved a 2026 share grant for the CEO.
  • Other resolutions, including director re-elections, passed too.
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Malaysia's 1Q retail sales growth worse than expected at 3.7%, association cuts full-year forecast