Elevated office vacancy rates persist as supply outpaces demand, BNM says
Total office space stock in the Klang Valley expanded further to 121.7 million sq ft in the fourth quarter of 2024 (4Q2024), up from 121 million sq ft as at the end of 2Q2024.
Cyberview strengthens position, now fully controls largest landbank within Cyberjaya City Centre
Following the acquisition, Cyberview now controls 67 acres of freehold land — the largest landbank within the Cyberjaya City Centre.
Advancecon gets RM56.6m infrastructure works contract
The contract is expected to be completed within 10 months.
KL Wellness City reaches 50% completion
KL Wellness City has achieved 50% completion ahead of schedule. The key components of this development — The KL International Hospital (KLIH) and the Noble Health Care Park are set to be completed by 2Q2026.
Housing loan growth slowed in 2024, impairment ratio remained low, says BNM
Housing loan growth in Malaysia slowed year-on-year (y-o-y) to 6.9% in 2024, with owner-occupiers making up the bulk of growth, according to Bank Negara Malaysia (BNM).
MGB tops off Idaman Cahaya 2, completes structural phase within three months of Phase 1
MGB Bhd (KL:MGB) has completed the structural phase of its Idaman Cahaya 2 project in U12 Shah Alam, marking the milestone with a roof-topping ceremony last Friday.
Crest Builder plans private placement to raise RM24.3m for debt repayment, working capital
Crest Builder Holdings Bhd (KL:CRESBLD) has proposed a private placement of up to 30% of its share base to raise RM24.3 million to pay for borrowings and purchase building materials.
Genting agrees to RM46m fine as part of settlement for complaint against Las Vegas resort
Genting Bhd (KL:GENTING) has agreed to pay a fine of US$10.5 million (RM46.41 million) to the Nevada Gaming Commission as part of a settlement for a complaint against its Las Vegas resort.
Inta Bina buys company with development rights in Bandar Glenmarie for RM5m
Construction firm Inta Bina Group Bhd (KL:INTA) is acquiring a 100% stake in Aliran Restu Sdn Bhd, which holds development rights to three parcels of land in Bandar Glenmarie, Selangor, for RM5 million.
Bonia to raise stakes in property investment subsidiary, restaurant associate for combined RM13m
Luxury retailer Bonia Corporation Bhd (KL:BONIA) said it is raising its stakes in a property investment subsidiary and an associate operating seafood restaurant for a combined RM13.16 million.
