MLDC’s Kempas Block C unveiled after 6-year makeover
This article appeared in the April 9, 2026 issue of the monthly print edition.
Industrial expansion, urban evolution, maturing property landscape highlight Batu Kawan’s growth potential
This article appeared in the April 9, 2026 issue of the monthly print edition.
Are we ready for an ageing Malaysia?
This article appeared in the April 9, 2026 issue of the monthly print edition.
IOI Properties formally launches RM7.58 bil REIT, targets Main Market listing with retail, hotel and office assets
PETALING JAYA: (April 11): IOI Properties Group Bhd (IOI Properties) has formally announced the proposed establishment of IOIPG Malaysia Real Estate Investment Trust (IOIPG REIT), with a total portfolio disposal consideration of approximately RM7.
PE Land Group to anchor Capstone Corporate Suites in Batu Kawan, Penang
BATU KAWAN (April 11): PE Land Group will anchor Capstone Corporate Suites with a 35,000-sq ft regional office upon completion, marking a key milestone for the 36-storey Grade-A office tower in Bandar Cassia, and reinforcing Batu Kawan’s emergence as Penang mainland’s business hub.
Court sets Dec 16 to decide compensation for Semantan Estate land dispute
KUALA LUMPUR (April 10): The High Court has fixed Dec 16 to deliver its decision on the amount of compensation the Malaysian government must pay to Semantan Estate (1952) Sdn Bhd.
Penang launches RTPSI 2050, Malaysia’s first local plan for greenfield area
GEORGE TOWN (April 10): Penang on Tuesday launched its Publicity and Public Participation Programme for the Final Report of the Draft of the Penang Silicon Island Local Plan (RTPSI) 2050, which was specifically designed for a greenfield area or fully reclaimed development.
Nestcon acquires Iskandar Puteri land parcels for RM95 mil, diversifies into property development
PETALING JAYA (April 10): Nestcon Bhd is venturing into property development for the first time, proposing to acquire three parcels of freehold commercial land in Iskandar Puteri, Johor Bahru for a total of RM95 million through its indirect 70%-owned subsidiary, Nestcon Iskandar Puteri Sdn Bhd.
Sunsuria raises stake in KL City Gateway to 61% majority with RM21.46m acquisition
PETALING JAYA (April 10): Sunsuria Bhd has completed its acquisition of an additional 41% equity interest in KL City Gateway Sdn Bhd (KLCG), raising its total shareholding from 20% to 61%, and consolidating KLCG as a subsidiary of the group.
Gagasan Nadi Cergas secures RM134m en bloc sale of affordable condominium to Selangor Housing and Property Board
KUALA LUMPUR (April 10): Gagasan Nadi Cergas Bhd (KL:NADIBHD) has secured an en bloc sale of all 523 affordable housing units at its Idaman Casuarina 1 condominium project to the Selangor Housing and Property Board (LPHS) for RM134.
