Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Third Penang bridge, undersea tunnel remain indicative in draft RSNPP 2040 — CM Chow

Third Penang bridge, undersea tunnel remain indicative in draft RSNPP 2040 — CM Chow

news

Updated:
  • Penang's draft 2040 plan includes a third bridge or undersea tunnel.
  • This project is part of the Penang Transport Master Plan.
  • Public feedback is encouraged on the draft plan until Sept 9th.
Read More
OIB launches 616-unit Gardens Idaman in Rawang

OIB launches 616-unit Gardens Idaman in Rawang

news

Updated:
  • OIB launched Gardens Idaman, an affordable housing project in Rawang.
  • This 616-unit development offers semi-furnished apartments from RM250,000.
  • It also boasts Provisional GreenRE Bronze certification for sustainability efforts.
Read More
National Housing Policy: bold vision needs build-then-sell

National Housing Policy: bold vision needs build-then-sell

news

Updated:
  • Malaysia's new housing policy aims for zero abandoned projects by 2030.
  • It introduces digital tools and improved monitoring to achieve this goal.
  • Is the government prepared to establish a practical, phased pathway for wider adoption of build-then-sell?
Read More
Intuitive’s Penang manufacturing push deepens state’s medtech base

Intuitive’s Penang manufacturing push deepens state’s medtech base

news

Updated:
  • Intuitive plans a US$500 mil manufacturing facility in Penang, Malaysia.
  • It will produce surgical instruments for the da Vinci system, starting in 2028.
  • This expansion aims to meet Asia Pacific demand and create 1,200 skilled jobs.
Read More
Hextar Global makes property debut with RM3.8b Siera Alam township JV

Hextar Global makes property debut with RM3.8b Siera Alam township JV

news

Updated:
  • Hextar Global is entering property development via a JV with PKNS for a RM3.8 bil township.
  • The JV, Hextar Siera, will acquire 240.39 acres in Shah Alam for RM270 mil cash.
  • Shareholder approval is needed for this diversification and land acquisition.
Read More
DPS, China Energy unit explore Melaka data centre, power projects

DPS, China Energy unit explore Melaka data centre, power projects

news

Updated:
  • DPS Resources Bhd signed an MoU with CEIG to explore data centre and infrastructure projects in Melaka.
  • The collaboration focuses on two sites, Lendu and Bukit Rambai, for data centres and energy solutions.
  • This non-binding agreement aims to create an integrated, self-sustaining data centre ecosystem.
Read More
Bangsa Johor rental deposit assistance to be introduced next year, says MB

Bangsa Johor rental deposit assistance to be introduced next year, says MB

news

Updated:
  • Johor will launch a RM1,000 rental deposit aid next year.
  • It helps those struggling with upfront accommodation costs.
  • The aid targets 10,000 recipients, including federal civil servants.
Read More
George Town heritage properties back in vogue as rents, prices surge

George Town heritage properties back in vogue as rents, prices surge

news

Updated:
  • George Town's pre-war shophouse market is booming, with rents and prices up 20% since 2024.
  • Tourism recovery and limited supply drive this surge, with prime rents exceeding RM3 psf.
  • Policy changes and infrastructure improvements further boost investor interest and market recovery.
Read More
Kota Bharu-Gombak ECRL: Loke aims to expedite start of operations to December

Kota Bharu-Gombak ECRL: Loke aims to expedite start of operations to December

news

Updated:
  • The ECRL Phase 1 aims to start operations by December, ahead of schedule.
  • This depends on smooth testing and commissioning processes.
  • Safety remains the top priority despite the accelerated timeline.
Read More
SCIB’s Dimpoukon Residence co-development becomes unconditional

SCIB’s Dimpoukon Residence co-development becomes unconditional

news

Updated:
  • SCIB's co-development deal for Dimpoukon Residence is now unconditional.
  • SCIB said IWSB had obtained the necessary approval from the Sabah Land and Surveys Department.
  • The project is expected to finish by February 2029.
Read More
Bites
Third Penang bridge, undersea tunnel remain indicative in draft RSNPP 2040 — CM Chow