New MRT3 Circle Line construction tenders may begin by mid-2026, said MBSB Research, after MRT Corp’s fourth and final tender validity extension lapsed in March 2024.

A notice to proceed has been issued to the main contractor of the Penang light rail transit (LRT) project to begin physical construction work on the first Mutiara Line.

The 30-year-old Sri Penaga Condominium in Bangsar, Kuala Lumpur won gold yet again at The Edge Malaysia Best Managed & Sustainable Property Awards (BMSPA) 2025 under the 10 Years and Above—Multiple-owned Strata Residential category, repeating a similar achievement at the 2018 iteration of the awards.

Technology stocks and construction companies building data centres fell on Monday morning, following reports of a draft US rule that will restrict exports of artificial intelligence (AI) chips to Malaysia and Thailand.

The construction sector is expected to see its earnings growth remaining on an upward trajectory in the second quarter, while the order book environment is set to further improve heading into the second half of 2025, with the gradual roll-out of major public infrastructure projects.

UEM Sunrise Bhd (KL:UEMS) has appointed Azmy Mahbot as its chief business officer, effective June 1.

Gamuda Bhd (KL:GAMUDA) said on Friday it is buying three plots of land measuring 336 acres combined for RM248.7 million near its current project in Selangor.

The partnerships will bring a new wildlife experience, two eco-resorts, and an indoor children’s play centre to locations including the 1,111-acre Paya Indah Discovery Wetlands, the 90-acre Wetlands Arboretum and The Hive at Gamuda Cove.

CIMB Securities said Gamuda is well placed to win upcoming data centre projects at the Springhill Industrial Park, and also Google's planned sites at the Elmina Business Park and Eco Business Park. 

Gamuda Bhd’s wholly-owned indirect subsidiary Gamuda DC Infrastructure Sdn Bhd (Gamuda DCI) is selling approximately 389 acres of industrial land in Port Dickson, Negeri Sembilan to Pearl Computing Malaysia for RM455.23 million.