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KUALA LUMPUR (April 8): Shares of Iskandar Waterfront City Bhd (IWCity) rose as much as 12% in active trades this morning, as positive sentiment over the possible revival of the East Coast Rail Link (ECRL) continues to improve sentiment surrounding mega projects in the country.

BATU CAVES (April 8): Tile manufacturer Seacera Group Bhd, which diversified into construction and property development, is looking for a "reputable partner" to jointly develop Seacera's estimated 200-hectare (500-acre) Semenyih land in Selangor.

  PETALING JAYA (April 8): A proposed high-rise mixed development project located on a plot of land in near the Asia Jaya LRT station has met with protests from Section 14 residents.

KUALA LUMPUR (April 8): Approval for the light rail transit (LRT) and Pan Island Link 1 (PIL 1) projects are yet to be obtained, said Penang chief minister Chow Kon Yeow.

KUALA LUMPUR (April 8): The re-negotiation of the East Coast Rail Link (ECRL) may see its construction price pegged at RM50mil-RM60mil per km, and may include a commitment by the Chinese government to buy Malaysian palm oil and bring in projects.

  KUALA LUMPUR (April 8): The review of 97 Kuala Lumpur City Council (DBKL) land deals is slated to recoup RM466 million to the Federal Territories Ministry's coffers, said its minister Khalid Abdul Samad.

  KUALA LUMPUR (April 8): Sunway Real Estate Investment Trust (REIT)'s proposed RM10 billion perpetual note programme, which will increase the group's debt headroom without diluting earnings and distribution per unit (EPU and DPU), is a positive development, according to Hong Leong Investment Bank (HLIB) Research.

  GEORGE TOWN (April 8): The light rail transit (LRT) line and the Pan Island Link 1 (PIL 1) have been scheduled to begin in June next year.

  KUALA LUMPUR (April 8): Pavilion Real Estate Investment Trust (REIT) has opted not to participate in the ownership of the under-construction Pavilion Bukit Jalil mall to avoid unwanted risks, but believes the asset will be worth reconsidering upon its completion, said its manager.

KUALA LUMPUR (April 7): The government will introduce light-emitting diodes (LED) for streetlights in stages beginning September, The Star reported Housing and Local Government Minister Zuraida Kamaruddin saying today.