News

WCT Wins RM152.7 Million Taiwan Highway Contract for Sun Yat-Sen Freeway Upgrade

"WCT wins RM152.7 million contract for Sun Yat-Sen Freeway works in Taiwan, expanding overseas construction portfolio through Kaohsiung infrastructure project." Kuala Lumpur, 18th May 2026, 6.30pm - WCT Holdings Berhad has secured a RM152.7 million infrastructure contract in Taiwan, strengthening its overseas construction portfolio through its Taiwanese subsidiary. The new project involves upgrading...

Mutiara Kempas by Malton in Johor Bahru near RTS Link achieves 70% take-up in 2026 launch

Malton Launches Mutiara Kempas in Johor Bahru, Achieves 70% Take-Up Since Preview

"Malton launches Mutiara Kempas in Johor Bahru with 70% take-up, benefiting from RTS Link and growing JB-Singapore commuter demand." Johor, 12th May 2026, 6.30pm - Malton Berhad has officially launched Mutiara Kempas, its first residential development in Johor Bahru, achieving a 70% take-up rate since its market preview in April. Located in Kempas, the freehold serviced apartment project carries a...

Malaysia Luxury Property Market Remains Resilient as Premium Home Demand Stays Strong

"Malaysia’s luxury property market remains resilient in 2026 as strong demand from foreign buyers and affluent locals supports premium home sales." Kuala Lumpur, 11th May 2026, 3.30pm - Malaysia’s property developers continue to see strong momentum in the high-end residential segment, supported by resilient demand for luxury homes despite recent geopolitical tensions in the Middle...

KPKT Studies Option to Purchase Clause to Reduce Sick and Abandoned Housing Projects

"KPKT is studying an Option to Purchase clause under the proposed Real Property Development Bill to reduce abandoned and delayed housing projects in Malaysia." Kuala Lumpur, 08th May 2026, 3.30pm - The Ministry of Housing and Local Government Malaysia is evaluating the introduction of an Option to Purchase (OTP) clause under the proposed Real Property Development Bill as part of broader reforms aimed...

YAPEIM’s Sinar Lestari Programme Delivers 268 Homes to Low-Income Families Nationwide

"YAPEIM delivers 268 affordable homes nationwide under the Sinar Lestari programme, improving housing access and livelihoods for low-income Malaysians." Kuala Lumpur, 04th May 2026, 3.30pm - The Malaysian Islamic Economic Development Foundation continues to expand its affordable housing efforts under the Sinar Lestari programme, with 268 homes completed nationwide to date for underprivileged...

UEM Sunrise Shares Extend Rally on Takeover Speculation and Johor Landbank Value

"UEM Sunrise shares jump 32% amid takeover speculation and re-rating potential as investors eye its undervalued Johor landbank." Kuala Lumpur, 29th April 2026, 1.50pm - Shares of UEM Sunrise Berhad extended gains for a fourth consecutive session, driven by market speculation over potential corporate activity and the perceived undervaluation of its Johor landbank. The stock rose to an intraday high...

Johor Secures RM110 Billion Investments as MIDA Backs 220 Projects with Incentives

"Johor records RM110 billion in investments for 2025 as MIDA backs 220 projects with incentives, strengthening its role as Malaysia’s top industrial hub." Kuala Lumpur, 28th April 2026, 4.00pm - Malaysian Investment Development Authority has supported the approval of tax incentives and exemptions for 220 projects in Johor, reinforcing the federal government’s push to position the state as a key...

Malaysia Hosts 30th EAROPH World Congress in Melaka, Focus on Sustainable Urban Development

"Malaysia hosts the 30th EAROPH World Congress in Melaka, focusing on urban planning, sustainability and property development challenges across Asia-Pacific." Kuala Lumpur, 27th April 2026, 4.00pm - Malaysia is hosting the 30th World Congress of the Eastern Regional Organisation for Planning and Human Settlements, bringing together urban planners, architects, engineers, developers and policymakers from...

347 Homes Delivered Under Baiti Jannati Programme to Improve Urban Living Conditions

"347 housing units delivered under Baiti Jannati Programme in Kuala Lumpur, improving living conditions for low-income families with support from TNB and government agencies." Kuala Lumpur, 24th April 2026, 2.00pm - A total of 347 housing units have been completed and handed over to eligible recipients under the Baiti Jannati Programme (PBJ) in the Federal Territories, aimed at improving living...

IJM Targets Construction Unit Listing by 2027 as Part of Value Unlock Strategy

"IJM aims to list its construction arm by 2027 as part of a three-year value unlock plan following a failed takeover bid by Sunway." Kuala Lumpur, 23th April 2026, 2.00pm - IJM Corporation Berhad is accelerating plans to unlock shareholder value, including a proposed listing of its core construction business by end-2027. The move comes shortly after a takeover attempt by Sunway Berhad failed to...