The proposed Urban Renewal Act extends beyond high-rises and stratified properties; older landed residential and business premises across Peninsular Malaysia can be designated for redevelopment even if they hold freehold status.
Matrix’s 85%-owned subsidiary N9 Matrix Development Sdn Bhd is disposing of the land parcels to Bidara Pesona Sdn Bhd.
The IOI Properties industrial development marks a major expansion into sustainable, power-ready industrial real estate as Selangor prepares for 2026 growth.
According to UEM Edgenta managing director and CEO Shaiful Subhan, the contract supports the company’s focus on technology-enabled asset management, including the use of its proprietary digital platform, Asseto.
Deputy Energy Transition and Water Transformation Minister Akmal Nasrullah Mohd Nasir said the government has decided that costs related to upgrading electricity and water grid infrastructure to support data centres will be fully borne by the developers, to ensure that there will be no additional financial burden on consumers, particularly domestic users.
The development will occupy 19 acres of freehold land with a built-up area of 786,000 sq ft KUALA LUMPUR (Dec 8): Sime Darby Property Bhd and Mydin Mohamed Holdings Bhd have commenced construction of an automated distribution centre in the City of Elmina.
One thing the Klang Valley has plenty of is shopping malls—from mega to mini, and more in between.
Magma said the private placement is the most appropriate fundraising route for the group, adding that the exercise is expected to strengthen its financial position while supporting ongoing business plans and capital expenditure.
In a filing with Bursa Malaysia, EcoFirst said they also stepped down from the audit, nomination and remuneration committee.
Transport Minister Anthony Loke Siew Fook said the initiative is intended to support a long-term shift towards a lifestyle that depends more on public transportation.
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