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FT minister: 3,000 applicants on waiting list for DBKL’s public housing

FT minister: 3,000 applicants on waiting list for DBKL’s public housing

news

Updated:
  • Around 3,000 applicants await People's Housing Programme units in Kuala Lumpur.
  • Priority is given to B40 applicants, police, and fire personnel.
  • Upgrades costing RM2.5 mil were completed at PPR Seri Pantai.
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Cabinet approves extending Act 672 to Selangor for public cleansing reform, says Nga

Cabinet approves extending Act 672 to Selangor for public cleansing reform, says Nga

news

Updated:
  • The Cabinet extended Act 672 to Selangor's 12 local authorities.
  • A task force will improve public cleansing standards there.
  • This aims to boost waste management and recycling efforts.
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JLL: KL office and retail vacancies tighten in 2Q as flight to quality gathers pace

JLL: KL office and retail vacancies tighten in 2Q as flight to quality gathers pace

news

Updated:
  • Kuala Lumpur's commercial property market showed resilience in 2Q2026.
  • Office and retail vacancies declined, driven by strong demand and tourism.
  • Industrial supply surged, but high-quality logistics facilities still attracted occupiers.
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IJM credits Krishnan Tan for his leadership, says retirement long planned, strategy unchanged

IJM credits Krishnan Tan for his leadership, says retirement long planned, strategy unchanged

news

Updated:
  • Tan Sri Krishnan Tan's retirement had been long in the works at IJM Corp.
  • His departure was planned, as he indicated his current term would be his last.
  • Tan played a key role in IJM's growth and leadership.
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IJM chairman Krishnan Tan to retire after 42 years

IJM chairman Krishnan Tan to retire after 42 years

news

Updated:
  • Tan Sri Krishnan Tan will retire as IJM Corp Bhd chairman after the upcoming AGM.
  • He served IJM for many years, holding various leadership positions.
  • As at end-June 2026, Tan held a direct stake of 0.3% and an indirect stake of 0.032% in IJM.
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Mah Sing a 'paid-to-wait' play, trading at 60% below book value — CIMB Securities

Mah Sing a 'paid-to-wait' play, trading at 60% below book value — CIMB Securities

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Updated:
  • CIMB Securities recommends Mah Sing Group, citing its Johor land bank and strong discount.
  • The company is well-positioned for growth from the Johor-Singapore SEZ and RTS Link.
  • Mah Sing also shows proactive cost management and timely project delivery.
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Housing affordability in focus as Rehda Institute launches report, KPKT outlines Cambridge collaboration

Housing affordability in focus as Rehda Institute launches report, KPKT outlines Cambridge collaboration

news

Updated:
  • Rehda Institute launched its latest housing research publication on July 28.
  • The launch coincided with the inaugural Senior Leadership Circle Roundtable.
  • Rehda Institute's latest research found homeownership among the M40 group had fallen below that of the B40.
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Advancecon's Silver Valley Technology Park JV turns unconditional after financing waiver

Advancecon's Silver Valley Technology Park JV turns unconditional after financing waiver

news

Updated:
  • Advancecon's joint development with Perak Corp is now unconditional.
  • The final financing condition was waived by Perak Corp.
  • This allows the Silver Valley Technology Park to proceed.
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Ministry of Economy clears AmBank's RM331 mil acquisition of Menara AmBank from AmFirst REIT

Ministry of Economy clears AmBank's RM331 mil acquisition of Menara AmBank from AmFirst REIT

news

Updated:
  • AMMB Holdings Bhd's acquisition of Menara AmBank received no objection from the Ministry of Economy.
  • This RM331 mil cash deal involves AmBank (M) Bhd buying the tower from AmFirst REIT.
  • The transaction is a key regulatory step for the proposed related-party acquisition.
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Mah Sing unit ordered to pay RM1.65 mil costs after High Court dismisses lawsuit

Mah Sing unit ordered to pay RM1.65 mil costs after High Court dismisses lawsuit

news

Updated:
  • Mah Sing's subsidiary, Elite Park Development, lost a lawsuit.
  • The court ordered them to pay RM1.65 mil in legal costs.
  • Mah Sing expects limited financial impact from this decision.
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FT minister: 3,000 applicants on waiting list for DBKL’s public housing