Malaysia housing market subdued as unsold affordable units increase—Rehda
Unsuitable locations and a mismatch between property prices and local income levels are the main factors driving the high proportion of unsold affordable homes in Malaysia.
Unsuitable locations and a mismatch between property prices and local income levels are the main factors driving the high proportion of unsold affordable homes in Malaysia.
Gamuda Bhd registered a 22% increase in fourth-quarter net profit to RM332.15 million, compared with RM272.49 million in the corresponding period a year earlier.
Pharmaceutical outfit Pharmaniaga Bhd announced that its wholly owned subsidiary Pharmaniaga Logistics Sdn Bhd has entered into a Sale and Purchase Agreement (SPA) with N.H. Development Sdn Bhd to acquire an industrial property in Seberang Perai Selatan, Penang for RM30 million.
Construction outfit SC Estate Builder Bhd’s wholly owned subsidiary, SC Estate Energy Sdn Bhd (SCEE), has entered into a joint venture (JV) agreement with Vanguard North Sdn Bhd to develop a mixed housing project on four parcels of land in Kubang Pasu, Kedah, with a gross development value (GDV) of RM663.36 million.
Sime Darby Property Bhd has introduced a refreshed brand identity, reflecting its transition from a traditional property developer to a diversified real estate company, it announced today.
Scientex Bhd posted a 13.6% rise in net profit to RM154.3 million for the fourth quarter ended July 31, 2025 (4QFY2025), from RM135.9 million in the corresponding period last year.
Noteworthy:
When: May 2025
To ensure systematic upgrades and prevent disrepair in strata properties, a property management expert has proposed that crucial maintenance works be stipulated under the law.
Chin Hin Group Bhd has relaunched its flagship learning institution, the Chin Hin Academy for Reskilling & Transformation (CHART), aimed at equipping its workforce with future-ready skills in the era of generative AI.
The Eco World Foundation today handed over a newly completed “Knowledge Capsule” to SJKC Ying Wah Kapar, a mini library and multipurpose activities pod aimed at fostering the reading habit and lifelong learning among students.