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KUALA LUMPUR (July 21): Sunway Construction Group Bhd (SunCon) and Sunway REIT Management Sdn Bhd have mutually agreed to revise the provisional contract sum of an ongoing project in Penang from RM274 million to RM286 million due to additional scope of works.

KUALA LUMPUR (July 21): Putrajaya will honour all contracts linked to the RM29 billion, 2,325km Pan Borneo Highway mega project even as the government endeavours to shave the price tag, Works Minister Baru Bian (pictured) told The Edge recently.

KUALA LUMPUR (July 21): State governments have been urged to support the construction of affordable homes by providing the sites to build the properties, said Housing and Local Government Minister Zuraida Kamaruddin.

KUALA LUMPUR (July 20): Prime Minister Tun Dr Mahathir Mohamad said today that under Malaysia’s new government, the nation will be business-friendly, and will enhance anti-corruption practices, in order to attract inflows of foreign and domestic direct investments.

PUTRAJAYA (July 20): To make it easier for the people to own and finance a home, a new national housing policy will be unveiled in December.

KUALA LUMPUR (July 20): Fajarbaru Builder Group Bhd aims to see, over the long term, equal contribution to the group’s revenue from three of its core businesses — construction, timber and property development.

JOHOR BAHRU (July 19): In the first six months of 2018, the Iskandar Regional Development Authority (IRDA) attracted cumulative investments of RM10.

KUALA LUMPUR (July 19): Construction and property stocks have rebounded amid increasing likelihood that the Kuala Lumpur-Singapore High Speed Rail (HSR) project is only deferred and not cancelled.

KUALA LUMPUR (July 19): Fajarbaru Builder Group Bhd is on the lookout for more opportunities in the Australian property market following its acquisition in April of 98 shares or 49% of Australian property development company, Beulah Northcote Land Pty Ltd.

Pavilion Real Estate Investment Trust (July 18, RM1.