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Forensic reports conclude claims of Battersea's overvaluation unfounded, says MOF

Forensic reports conclude claims of Battersea's overvaluation unfounded, says MOF

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Updated:
  • An independent audit cleared Battersea Power Station of overvaluation claims.
  • Forensic reports found allegations unfounded, requiring no further investigation.
  • Accounting practices align with international standards, and PwC also certified accounts.
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KPKT allocates RM216.44 mil to boost Johor housing, infrastructure

KPKT allocates RM216.44 mil to boost Johor housing, infrastructure

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Updated:
  • KPKT allocated RM216.44 mil to Johor under the 13th Malaysia Plan.
  • This funding supports housing, infrastructure, and community well-being projects.
  • The initiative aims to enhance residents' quality of life and ensure sustainable living.
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Mah Sing targets higher 2026 sales after strongest property year in a decade at RM2.51 bil

Mah Sing targets higher 2026 sales after strongest property year in a decade at RM2.51 bil

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Updated:
  • Mah Sing achieved RM2.51 bil in property sales for FY2025, a decade high.
  • They target RM2.76 bil for 2026, supported by a RM3.45 bil launch pipeline.
  • Their growth strategy includes industrial land, data centers, and manufacturing expansion.
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Rehda Institute RIYI mentors stress sustainability, industry readiness

Rehda Institute RIYI mentors stress sustainability, industry readiness

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Updated:
  • Chin Hin Group board adviser Ngian Siew Siong said companies must prioritise sustainability in making money.
  • Avaland Bhd chief operating officer Aw Sei Cheh said that AI is increasingly used in market research.
  • The RIYI 2026 brought together 50 students from 15 universities to engage directly with industry leaders.
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Myra partners Unity Kitchen to offer fitted kitchen packages at Myra Senja in Subang 2

Myra partners Unity Kitchen to offer fitted kitchen packages at Myra Senja in Subang 2

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Updated:
  • Myra, by Oriental Interest Bhd, partners with Unity Kitchen for fitted kitchen cabinetry in Myra Senja units.
  • This collaboration aims to reduce renovation stress for homebuyers, offering functional and quality kitchens.
  • Myra Senja targets upgraders with larger units, seeing strong demand in Subang 2.
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Why are RM300,000-and-below ‘affordable homes’ still unsold?

Why are RM300,000-and-below ‘affordable homes’ still unsold?

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Updated:
  • Malaysia faces a housing paradox: affordable homes remain unsold.
  • This is due to location, product, and financing mismatches.
  • A coordinated effort is needed from all stakeholders to fix this issue.
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Malaysia’s data centres using only half of approved power, water capacity, says minister

Malaysia’s data centres using only half of approved power, water capacity, says minister

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Updated:
  • Malaysian data centres use about half their approved electricity and water capacity.
  • Actual electricity consumption is 1,102 MW versus 2,050 MW approved.
  • Water usage is 28.68 MLD, compared to 55.83 MLD approved.
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Battersea Power Station awards Phase 3C construction contract to Sisk

Battersea Power Station awards Phase 3C construction contract to Sisk

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Updated:
  • Sisk will lead Phase 3C construction at Battersea Power Station.
  • This phase adds 300 homes, shops, and a community hub.
  • The project creates 400 jobs, boosting the local economy.
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EcoBuilt flags possible delay in FY2026 annual report

EcoBuilt flags possible delay in FY2026 annual report

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Updated:
  • EcoBuilt Holdings Bhd anticipates a delay in its FY2026 annual report.
  • Failure to submit by July 7, 2026, will lead to trading suspension.
  • De-listing procedures will begin if the report is not issued within six months.
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Forensic reports conclude claims of Battersea's overvaluation unfounded, says MOF