"KPKT has blacklisted 109 housing developers in Malaysia, but the HBA warns stronger enforcement is needed. With no prosecutions under Section 18A of the Housing Act since 2015, calls are growing to protect buyers from project abandonment." Kuala Lumpur, 24th June 2025, 10.25am - The Ministry of Housing and Local Government (KPKT) has blacklisted 109 housing developers and their boards of directors for...
"OCBC Group commits RM14 billion to the Johor-Singapore Special Economic Zone (JS-SEZ), backing real estate, data centres, and manufacturing. The bank plans RM3 billion more in financing by end-2025 to boost cross-border investment." Johor, 23th June 2025, 11.15am - OCBC Group has pledged RM14 billion in total financing to support the Johor-Singapore Special Economic Zone (JS-SEZ), with RM11 billion...
"Oriental Kopi plans to acquire its Puchong head office and warehouse for RM23 million to reduce rental costs and secure operational continuity. The purchase includes a factory lot on 5,260 sqm of leasehold land." Selangor, 20th June 2025, 02.16pm - Oriental Kopi Holdings Bhd is set to acquire a factory lot and leasehold land in Puchong, Selangor, for RM23 million, as part of its long-term plan to...
"Pahang is launching a high-tech zone in Kuantan to attract AI, automation, and big data firms. The state also eyes floating solar farms and renewable energy talent to support its net zero target by 2030." Pahang, 18th June 2025, 02.40pm - The Pahang state government has announced plans to establish a dedicated high-tech zone in Kuantan to attract companies in artificial intelligence (AI), automation,...
"CIMB warns Malaysian REITs could face profit pressures in 2H 2025 due to expanded SST and rising electricity tariffs. Axis REIT remains the top buy for its resilient portfolio." Kuala Lumpur, 17th June 2025, 04.08pm - Real estate investment trusts (REITs) in Malaysia are likely to face a more challenging second half of 2025 as the expanded Sales and Services Tax (SST) and rising utility costs squeeze...
"Residential properties under Malaysia’s HDA are exempted from the revised SST, following concerns from developers. Key building materials remain zero-rated, and only 2% of tariff codes are affected." Putrajaya, 16th June 2025, 10.08am - Residential properties developed under the Housing Development Act (HDA) will be exempted from the revised Sales and Services Tax (SST), following growing concerns...
"GDB Holdings appoints Datuk Chia Lui Meng as non-executive chairman, replacing Tan Sri Zaini Omar, who stepped down due to health reasons. Shares close slightly lower at 37 sen." Kuala Lumpur, 13th June 2025, 12.15pm - Construction services company GDB Holdings Bhd has announced the resignation of its non-executive chairman, Tan Sri Zaini Omar, due to health reasons. In a Bursa Malaysia filing on...
"Perak will propose to the federal government an upgrade and realignment of the East-West Highway (JRTB) to improve road safety, following a tragic bus accident that killed 15 UPSI students." Ipoh, 12th June 2025, 01.58pm - The Perak state government plans to submit a formal proposal to the federal government for the upgrading and realignment of the East-West Highway (Jalan Raya Timur-Barat, JRTB),...
"EcoWorld welcomes Jaya Grocer, Coffee Bean & TITAN Preschool as anchor tenants at Santai Square, Eco Spring—enhancing Tebrau’s latest lifestyle commercial hub." Johor, 11th June 2025, 01.08pm - EcoWorld has signed three major tenants at its newly launched lifestyle commercial hub, Santai Square at Eco Spring, marking a key milestone in the development’s transformation into a vibrant...
"Datuk Joseph Lau, CEO of Desa ParkCity developer Perdana ParkCity, acquires 11.1% stake in Crest Builder Holdings via RM11.7 mil private placement to support project financing and debt repayment." Kuala Lumpur, 10th June 2025, 10.00am - Datuk Joseph Lau, the chief executive officer of Perdana ParkCity Sdn Bhd, the developer behind the prestigious Desa ParkCity township, has emerged as the...
