News

"The federal government plans to develop affordable housing for civil servants on idle public land, including Customs, Immigration and surplus school sites, says Prime Minister Anwar Ibrahim." Kuala Lumpur, 06th July 2026, 12.55pm - The federal government plans to accelerate the development of affordable housing for civil servants by optimising idle land owned by government agencies, Prime Minister...

"TWL Holdings says RM1.8 million remains outstanding for refund following the mutual termination of three Klang property joint ventures, with repayment due by June 2027." Kuala Lumpur, 03rd July 2026, 02.20pm - TWL Holdings Bhd has provided additional information to Bursa Malaysia regarding the mutual termination of three long-running joint venture agreements (JVAs) in Klang, revealing that RM1.8...

"Malaysia expects data centres to account for one-third of national electricity consumption by 2035, prompting new measures to strengthen grid capacity and energy security." Kuala Lumpur, 02nd July 2026, 01.50pm - Data centres are expected to account for nearly one-third of Malaysia's electricity consumption by 2035 as rapid growth in artificial intelligence (AI), cloud computing and digital...

"Tropicana is expanding into hospitality through Malaysia's first Accor-branded condotel at Tropicana Grandhill, strengthening its recurring income strategy." Kuala Lumpur, 01st July 2026, 03.00pm - Tropicana Corp Bhd is accelerating its diversification strategy by expanding beyond traditional township development into hospitality and recurring income assets, with the launch of Malaysia's first...

"TWL Holdings has mutually terminated three long-running Klang property joint ventures signed between 2013 and 2014 after the projects became unworkable following expired completion timelines." Kuala Lumpur, 30th June 2026, 02.45pm - TWL Holdings Bhd has officially terminated three long-standing joint venture agreements (JVAs) involving proposed residential and commercial developments in Klang,...

"Prime Minister Anwar Ibrahim says 50 acres within the RM140 billion Bandar Malaysia project will be gazetted as Malay Reserve Land to safeguard Bumiputera interests." Kuala Lumpur, 29th June 2026, 01.30pm - Prime Minister Datuk Seri Anwar Ibrahim has announced that 50 acres of land within the Bandar Malaysia development will be gazetted as Malay Reserve Land, describing the move as an important step...

"S P Setia's headquarters in Setia Alam has renewed its GBI Platinum certification with a 94-point score, remaining among only 32 Platinum-rated buildings in Malaysia." Kuala Lumpur, 26th June 2026, 03.50pm - S P Setia Bhd has successfully renewed the Green Building Index (GBI) Platinum certification for its corporate headquarters in Setia Alam, reinforcing its position among Malaysia's...

"OSK Property has partnered with IKEA Malaysia, Samsung Malaysia and CUCKOO Malaysia to offer home furnishing options and appliance packages for homeowners across selected developments." Kuala Lumpur, 25th June 2026, 02.10pm - OSK Property has announced a collaboration with IKEA Malaysia, CUCKOO Malaysia and Samsung Malaysia to provide homeowners with access to home furnishing solutions and household...

"Selangor Industrial Corporation and DC Union will develop a RM2.5 billion, 65MW data centre in Cyberjaya while training 500 Nvidia-certified engineers annually." Kuala Lumpur, 24th June 2026, 02.10pm - Selangor Industrial Corporation Sdn Bhd (SIC), a subsidiary of Perbadanan Kemajuan Negeri Selangor (PKNS), has partnered with Data Centre Union Sdn Bhd (DC Union) to develop a RM2.5 billion data centre...

"KPKT has channelled RM1.08 billion to Johor since 2022 for public housing, infrastructure upgrades and community facilities under its Sentuhan Kasih programme." Kuala Lumpur, 23th June 2026, 02.10pm - The Ministry of Housing and Local Government (KPKT) has allocated RM1.08 billion to Johor over the past four years to support upgrading, repair and maintenance works involving public infrastructure,...