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Sime Darby Property's New Economy Venture fund secures RM2.6 bil sukuk programme in world-first data centre financing structure

Sime Darby Property's New Economy Venture fund secures RM2.6 bil sukuk programme in world-first data centre financing structure

news

Updated:
  • Sime Darby Property Bhd's NEV fund launched a RM2.6 bil Sukuk Wakalah Programme.
  • It's the first Sukuk globally to fund data centre infrastructure.
  • The programme carries a seven-year tenure.
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KPKT channelled RM1.08 bil to Johor for infrastructure, housing upgrades since 2022

KPKT channelled RM1.08 bil to Johor for infrastructure, housing upgrades since 2022

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Updated:
  • KPKT allocated RM1.08 bil to Johor since 2022 for infrastructure and housing.
  • This commitment ensures balanced and inclusive development for all Johor residents.
  • The Sentuhan Kasih programme engages with residents and addresses local issues directly.
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LRT3 to begin operations on June 29, says Loke

LRT3 to begin operations on June 29, says Loke

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Updated:
  • The LRT3 line will open next Monday, June 29.
  • The Prime Minister will launch it this Sunday.
  • This 37.8km line will benefit two million residents.
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PAM backs housing minister’s structural reform agenda for built environment

PAM backs housing minister’s structural reform agenda for built environment

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Updated:
  • PAM supports the Housing Ministry's reforms for compliance and digital transformation.
  • They welcome clarity on architects' right to submit planning approvals.
  • PAM also supported the minister’s stern warning against fee undercutting within the architectural fraternity.
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Malaysia’s subsale home prices rise 4.8% in 1Q

Malaysia’s subsale home prices rise 4.8% in 1Q

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Updated:
  • Malaysia's average subsale property price rose 4.8% to RM545,059 in 1Q2026.
  • Kuala Lumpur's average price exceeded RM1 mil, up 15% year-on-year.
  • Most transactions were for homes priced at RM500,000 or below.
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V3D Asia, Nuvah partner SIRIM Academy to develop Malaysia’s first 3D construction printing standards

V3D Asia, Nuvah partner SIRIM Academy to develop Malaysia’s first 3D construction printing standards

news

Updated:
  • V3D Asia and Nuvah are collaborating with SIRIM Academy.
  • They will develop Malaysia's first 3D construction printing standards.
  • This aims to boost efficiency and sustainability in construction.
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S P Setia breaks ground on 509-acre Setia Fontaines Industrial Park in Penang, seals green energy and affordable housing deals

S P Setia breaks ground on 509-acre Setia Fontaines Industrial Park in Penang, seals green energy and affordable housing deals

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Updated:
  • S P Setia launched Setia Fontaines Industrial Park in Penang.
  • Two separate agreements were inked — one on green energy supply and another on affordable housing.
  • The industrial park forms part of the larger 1,691-acre freehold Setia Fontaines township.
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Housing Ministry to implement Certificate of Completion and Compliance reforms to boost sustainable urbanisation

Housing Ministry to implement Certificate of Completion and Compliance reforms to boost sustainable urbanisation

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Updated:
  • KPKT will review the CCC framework for sustainable urbanisation.
  • A task force will assess the 2007 framework to boost efficiency.
  • Reforms aim for transparent, efficient, and business-friendly regulations.
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Chin Hin makes industrial debut with RM449 mil GDV project in Kota Damansara

Chin Hin makes industrial debut with RM449 mil GDV project in Kota Damansara

news

Updated:
  • Chin Hin Group Property previewed The NeX, a nine-story industrial project.
  • It offers 242 units from RM1.77 mil with strong vehicle access.
  • The development integrates work, business, and lifestyle for modern enterprises.
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The Binjai on the Park unit with KLCC Park views listed at RM9.3m

The Binjai on the Park unit with KLCC Park views listed at RM9.3m

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Updated:
  • The Binjai on the Park offers luxury condos in Kuala Lumpur.
  • A 3,600 sq ft unit with city views is available for RM9.3 mil.
  • It boasts amenities, park access, and a prime KLCC location.
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Sime Darby Property's New Economy Venture fund secures RM2.6 bil sukuk programme in world-first data centre financing structure