"Malaysia's government to unveil a historic recovery plan for Putra Heights gas explosion victims and aims to deliver 500,000 affordable homes by 2024, says Nga Kor Ming." Kuala Lumpur, 30th Apr 2025, 01.13pm - The federal government is preparing to announce what is being described as an unprecedented recovery plan for victims affected by the recent gas pipeline explosion in Putra Heights, Subang Jaya,...
"Negeri Sembilan will develop two major data centres, including a green facility in Nilai and an AI-focused centre in Springhill by Gamuda Bhd, promising job growth and digital investment." Negeri Sembilan, 29th Apr 2025, 11.20am - The Negeri Sembilan state government is moving forward with the development of two major data centres, one of which will be a green data centre by US investors in Nilai, and...
"Prime Minister Anwar Ibrahim reaffirms that the Urban Renewal Act aims to improve living conditions without changing land ownership, denying claims of land seizure or racial displacement." Kuala Lumpur, 28th Apr 2025, 10.30am - Prime Minister Datuk Seri Anwar Ibrahim on Friday reaffirmed the government's commitment to introducing an Urban Renewal Act, stressing that the initiative aims to uplift...
"IGB REIT and IGB Commercial REIT report stronger 1QFY2025 earnings, but warn of headwinds from economic uncertainty, fuel subsidy cuts, and office oversupply." Kuala Lumpur, 24th Apr 2025, 02.56pm - IGB Real Estate Investment Trust (IGB REIT) and IGB Commercial REIT posted stronger earnings in the first quarter ended March 31, 2025 (1QFY2025), supported by improved rental income and higher occupancy...
"MGB Bhd revives RM107 million Cameron Highlands serviced apartment project with RM7.23 mil settlement to joint venture partner. Project to launch in Q3 2025." Kuala Lumpur, 22th Apr 2025, 10.50am - MGB Bhd is moving forward with its long-delayed serviced apartment project in Cameron Highlands, after proposing a RM7.23 million settlement with its joint venture partner, Aset AZG Sdn Bhd (AASB). The...
"IWG is set to open a Signature by Regus centre at Menara Merdeka 118 in Q3 2025, offering premium hybrid workspaces in Malaysia’s tallest tower. Learn more about the expansion." Kuala Lumpur, 22th Apr 2025, 10.50am - International Workplace Group (IWG), a global leader in hybrid work solutions, will open a new centre under its premium Signature by Regus brand at Menara Merdeka 118, Kuala Lumpur, in...
"Malaysia’s property sector forecasted to grow in 1Q25, with high-end residential and industrial land sales driving earnings. Analysts highlight data centre deals, new launches, and steady demand." Kuala Lumpur, 21th Apr 2025, 11.55am - Malaysia’s property sector is expected to maintain steady momentum in the first quarter of 2025 (1Q25), supported by firm earnings from the previous quarter and...
"Chin Hin and Fiamma to develop RM1.03 billion KLCC 2 Residence project near Suria KLCC, featuring 924 serviced apartments and retail units. Project slated to start in 2025." Kuala Lumpur, 18th Apr 2025, 01.13pm - Chin Hin Group Property Bhd is joining forces with Fiamma Holdings Bhd to develop a landmark RM1.03 billion mixed-use project near the iconic Kuala Lumpur City Centre (KLCC), marking a...
"SkyWorld Development acquires a 3-acre freehold plot in Mont’Kiara for RM110 million, marking its entry into the high-end residential segment and expanding its Klang Valley land bank." Kuala Lumpur, 17th Apr 2025, 02.13pm - SkyWorld Development Bhd has announced a major move into the luxury residential segment with the acquisition of a 3.032-acre freehold parcel in Mont’Kiara for RM110 million —...
"Selangor government denies claims of relocating gas pipeline fire victims to remote areas, confirming victims can choose from 100 new temporary rental units under the SMART Sewa scheme." Selangor, 16th Apr 2025, 02.13pm - The Selangor state government has dismissed allegations that victims of the Putra Heights gas pipeline fire were relocated to remote areas, stressing that all temporary rental homes...
