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Penang Port calls tender for 2.2-acre site at BDWW

Penang Port calls tender for 2.2-acre site at BDWW

news

Updated:
  • Penang Port seeks bids for a 2.20-acre parcel at Butterworth Deep Water Wharves.
  • The tender involves a long-term sub-lease for development and operation.
  • Proposals are due by July 30, 2026, with a mandatory site visit on June 30.
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EcoWorld, SD Guthrie confirm completion of EBP8 land acquisition and Johor land disposal

EcoWorld, SD Guthrie confirm completion of EBP8 land acquisition and Johor land disposal

news

Updated:
  • EcoWorld and SD Guthrie completed a 935-acre land acquisition in Johor.
  • This fulfills prior agreements from November 2025.
  • The filings confirm previously announced transactions.
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Rehda Institute launches updated property development handbook to reflect evolving industry practices

Rehda Institute launches updated property development handbook to reflect evolving industry practices

news

Updated:
  • Rehda Institute launched its updated Property Development Handbook.
  • It guides developers through Malaysia's increasingly complex property landscape.
  • The handbook reflects current regulations, sustainability, and digital trends.
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Gamuda outperforms broader selldown, analysts shrug off weaker-than-expected results

Gamuda outperforms broader selldown, analysts shrug off weaker-than-expected results

news

Updated:
  • Gamuda Bhd shares rose despite a weaker quarter.
  • Analysts recommend buying, expecting future profit growth.
  • The company has a strong order book and project pipeline.
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Vestland wins RM135 mil construction job in Klang

Vestland wins RM135 mil construction job in Klang

news

Updated:
  • Vestland Bhd secured a RM135 mil construction contract in Bukit Raja, Klang.
  • The project involves superstructure works for a nine-story factory.
  • Completion is expected within 36 months from the start date.
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Econpile bags RM49 mil piling job in KL

Econpile bags RM49 mil piling job in KL

news

Updated:
  • Econpile secured a RM48.8 mil piling contract for a 74-story apartment project.
  • This boosts their FY2026 contract wins to RM404 mil.
  • The project will be completed within 16 months, with site operations commencing on July 7.
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Anwar promises low-rental housing for civil servants

Anwar promises low-rental housing for civil servants

news

Updated:
  • PM Datuk Seri Anwar Ibrahim announced new housing for civil servants.
  • It will offer lower rental rates to ease financial burdens.
  • This initiative addresses rising rent despite salary increases.
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Property managers back govt move to exempt tax on non-residential service charges

Property managers back govt move to exempt tax on non-residential service charges

news

Updated:
  • MIPFM praises the government's service tax exemption for non-residential buildings.
  • This eases financial burdens for property owners and management bodies.
  • It reflects positive collaboration between the government and industry.
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EWI Capital builds income platform with AOF3 as legacy UK projects run down

EWI Capital builds income platform with AOF3 as legacy UK projects run down

news

Updated:
  • EWI Capital Bhd is repositioning its portfolio towards income-generating office assets.
  • Despite the near-term losses, EWI Capital's balance sheet remains asset-backed.
  • EWI Capital said AOF3 investment forms an integral part of its strategy to chart a return to profitability.
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Axis REIT's latest purchase earnings-accretive, price tag reasonable — analysts

Axis REIT's latest purchase earnings-accretive, price tag reasonable — analysts

news

Updated:
  • Analysts view Axis REIT's new acquisition positively.
  • The distribution centre offers a 5.8%-6.2% yield.
  • This deal reinforces Axis REIT's logistics strategy.
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Penang Port calls tender for 2.2-acre site at BDWW