LBS Bina Group Bhd (KL:LBS) has launched a satellite sales gallery in Petaling Jaya to offer Klang Valley homebuyers easier access to its Centrum Iris development in Cameron Highlands.

The High Court last month dismissed a suit filed by 37 parcel owners of K Residence against developer KL Landmark Sdn Bhd, landowner City Properties Sdn Bhd, and its directors Tan Sri Yap Yong Seong and Sean Yap.

AFFIN Bank has announced a strategic collaboration with Penang Real Estate Synergy (PRES), to offer over 1,000 registered real estate agents under the association across the northern region, access to exclusive, members-only mortgage benefits.

Mah Sing Group Bhd’s (KL:MAHSING) RM260 million acquisition of the Corus KLCC Hotel land in Kuala Lumpur comes at a premium price, but analysts believe it is a strategically sound move that could enhance the company’s near-term earnings and long-term growth prospects.

Gagasan Nadi Cergas Bhd (KL:NADIBHD) and Permodalan Negeri Selangor Bhd (PNSB) are on track to deliver 15,206 Idaman affordable housing units over seven projects by 2030, according to Selangor Menteri Besar Datuk Seri Amirudin Shari in the key handover ceremony for the RM304 million Rumah Idaman Bukit Jelutong on Friday. 

Malaysia’s new data centres will release annual greenhouse gas equivalent to adding more than two million cars to the country’s roads, an environmental think tank warned.

Developed by Distinctive World Sdn Bhd, Tuju Residences is a freehold serviced apartment strategically located along Jalan Kuching, Kuala Lumpur.

Noteworthy:

• Freehold
• Built-up size: 1,506 sq ft
• 2 bedrooms, 2 bathrooms
• Fully furnished
• Nearby amenities: Pavilion KL, Fahrenheit88, Kuala Lumpur Eco Park, Tzu Chi University Continuing Education Centre, Pudu Specialist Centre
• Accessibility: SILK, Cheras–Kajang Expressway, Jalan Sultan Ismail, Jalan Raja Chulan

When: April 2025

The East Coast Rail Link (ECRL) project has reached 86.07% completion as of July, and is firmly on track to meet its targeted deadlines, according to Malaysia Rail Link Sdn Bhd (MRL) chairman and Chief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar.

The outlook for Kuala Lumpur’s luxury hotel sector appears to be positive over the next 12 months with the 47th Asean Summit happening on Oct 26 this year and the Visit Malaysia 2026 tourism campaign, according to Park Hyatt Kuala Lumpur general manager Herman Kemp.