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Fraser Heights is the latest phase of modern and upper-class development within Tropicana Uplands.

“Looking forward to 2025, we anticipate the market will continue to grow, driven by residential development, emerging sectors such as data centres and renewable energy, as well as key infrastructure projects that will rekindle past interests and open up new investment opportunities,” said Rahim & Co executive chairman Tan Sri Abdul Rahim Abdul Rahman.

Looking ahead, HLIB expects further sectoral growth in 2025, with major projects such as the RM8.

The Bursa Malaysia Construction Index, which tracks 50 stocks in the sector, was down to its lowest in more than three months.

Data centres currently account for approximately 1% of global electricity demand, with projections indicating this could rise to 3% by 2030, according to WEF managing director Mirek Dušek.

Bintai fell into the PN17 status after its external auditors flagged the company’s ability to stay as a going concern — an accounting parlance that casts doubt on an organisation’s resources and income to stay afloat — in the financial statements for the financial year ended March 2023.

“The board is confident in Wan Zakariah’s ability to fulfill this role, given his extensive experience and leadership as the group managing director,” the company said.

Knight Frank executive director Amy Wong Siew Fong: "SME (small and medium enterprise) players and multinational corporations in Singapore are still awaiting clear incentives before making any commitments.

DONE DEAL: Condo unit, Verticas Residensi, Bukit Bintang, Kuala Lumpur DONE DEAL: Condo unit, Lakefront Residence, Cyberjaya, Selangor Average transacted prices for industrial properties around Eco Business Park V, Puncak Alam, saw a 166% increase between 2022 and 2023.

Gamuda is on track to reach the RM40 billion to RM45 billion target by the end of 2025, the research house noted.