Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Kerjaya Prospek bags RM529.3 mil Bukit Tunku villa contract from BRDB

Kerjaya Prospek bags RM529.3 mil Bukit Tunku villa contract from BRDB

news

Updated:
  • Kerjaya Prospek secured a RM529.32 mil residential development contract.
  • The project in Taman Duta includes 146 units and common facilities.
  • It will boost revenue and earnings from 2026 to 2029.
Read More
Nestcon ventures into property development with RM95 mil Iskandar Puteri land buy

Nestcon ventures into property development with RM95 mil Iskandar Puteri land buy

news

Updated:
  • Nestcon Bhd will acquire three Johor land parcels for RM95 mil, entering property development.
  • The company plans a mixed commercial and residential project with an estimated GDV of RM1.371 bil.
  • Shareholders will vote on this acquisition and business diversification at an upcoming EGM.
Read More
MRMA appoints Derek Teh as chairman for association

MRMA appoints Derek Teh as chairman for association

news

Updated:
  • Derek Teh Wan Wei is the new chairman of the Malaysian REIT Managers Association.
  • He aims to promote M-REITs as a recognised income asset class.
  • The MRMA represents 20 M-REITs listed alongside two additional unlisted REITs.
Read More
MBSB sees retail sales moderating in 2026

MBSB sees retail sales moderating in 2026

news

Updated:
  • MBSB expects retail sales to moderate to 5.5% in 2026, down from 6.1%.
  • Distributive trade surged by 15.3% in April 2026, driven by wholesale and motor vehicles.
  • However, inflation and subsidy changes may make consumers more cautious.
Read More
Bandar Bukit Raja emerges as key industrial growth node in Klang corridor

Bandar Bukit Raja emerges as key industrial growth node in Klang corridor

news

Updated:
  • Klang is a leading industrial hub in Malaysia, with Bandar Bukit Raja as a key growth area.
  • Sime Darby Property is expanding its industrial offerings, focusing on diverse business needs.
  • The region attracts significant investment due to its strategic location and robust infrastructure.
Read More
CIDB appoints Ahmad Farrin as new chief executive

CIDB appoints Ahmad Farrin as new chief executive

news

Updated:
  • Ahmad Farrin Mokhtar is the new CEO of CIDB, effective June 8.
  • He brings diverse experience in policy, enforcement, and development.
  • He shaped CIDB's strategic plan and national construction policy.
Read More
Tropicana Metropark contributes RM5 mil for Taman Batu Tiga mosque in Subang Jaya

Tropicana Metropark contributes RM5 mil for Taman Batu Tiga mosque in Subang Jaya

news

Updated:
  • Tropicana Metropark donated RM5 mil for a new mosque in Subang Jaya.
  • This supports community building and ESG initiatives.
  • The mosque, which will be built on a 1.28-acre site, is designed to accommodate about 2,000 worshippers.
Read More
Highland Towers to be demolished before year end, says MPAJ

Highland Towers to be demolished before year end, says MPAJ

news

Updated:
  • The Highland Towers will be demolished by year-end.
  • A Magistrates’ Court decision approved the Ampang Jaya Municipal Council's plan.
  • The 1993 collapse killed 48 people.
Read More
Rise of ‘branded’ living adds new value to Malaysia’s luxury property landscape

Rise of ‘branded’ living adds new value to Malaysia’s luxury property landscape

news

Updated:
  • The property sector is having a strong rebound, with branded residences emerging as a key growth segment.
  • Asia Pacific leads this trend, driven by rising wealth and a desire for luxury living.
  • Malaysia, particularly Kuala Lumpur, is a pioneer in this market, with Penang and Johor becoming new hubs.
Read More
Bites