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UEM Sunrise and GuocoLand Partner for Iskandar Puteri Development

"UEM Sunrise and Singapore-listed GuocoLand have signed an MoU to jointly develop industrial, residential, and wellness properties in Iskandar Puteri, Johor, under the Johor-Singapore Special Economic Zone (JS-SEZ). The partnership also explores a ferry service linking Iskandar Puteri to Singapore." Kuala Lumpur, 28th Feb 2025, 10.25am - UEM Sunrise Bhd has signed a memorandum of understanding (MOU)...

LRT3 to Begin Operations on September 30, 2025, Says Transport Minister

"LRT3 from Bandar Utama to Johan Setia is set to begin operations on Sept 30, 2025. The 37.8km line is 98.63% complete, with trial runs starting in April. Transport Minister Anthony Loke confirms full handover to Prasarana by July 31." Kuala Lumpur, 27th Feb 2025, 01.11pm - The highly anticipated Light Rail Transit 3 (LRT3) project, connecting Bandar Utama in Petaling Jaya to Johan Setia in Klang, is...

OCR Group Launches Kyra Collection in Shah Alam, Completes Isola KLCC

"OCR Group Bhd launches Kyra Collection in U9 Shah Alam, featuring 963 affordable units under Rumah Selangorku. The developer also completes Isola KLCC, with 88% of units sold." Kuala Lumpur, 26th Feb 2025, 02.26pm - OCR Group Bhd has unveiled the first phase of its latest high-rise residential project, Kyra Collection, in U9 Shah Alam, Selangor. Named Residensi Akasia, this phase is part of the Rumah...

Radium Development Acquires Prime Land in KL for RM458 Million to Expand Property Portfolio

"Radium Development is acquiring prime land in Kuala Lumpur for RM458 million to expand its property portfolio. The strategic Jalan Cheras site enhances connectivity and growth opportunities." Kuala Lumpur, 25th Feb 2025, 11.00am - Radium Development Bhd, through its wholly owned indirect subsidiary Radium J Velodrome Sdn Bhd (RVSB), has proposed to acquire a mixed-use land parcel and two commercial...

IWG Expands Hybrid Workspace Network in Malaysia with Two New Regus Offices

"IWG expands its hybrid workspace network in Malaysia with two new Regus offices—Menara Public Gold in Kuala Lumpur and Troika Kota Bharu in Kelantan, its first east coast location. The move aligns with IWG’s plan to establish 160 centres nationwide." Kuala Lumpur, 24th Feb 2025, 11.25am - Global hybrid workspace provider International Workplace Group (IWG) is expanding its footprint in Malaysia...

UEM Sunrise Exceeds FY2024 Targets, Achieving RM1.42 Billion in Sales

"UEM Sunrise Bhd surpassed its FY2024 targets, achieving RM1.42 billion in sales and RM904 million in launched GDV. Strong earnings, a 60% dividend payout, and a resilient balance sheet highlight its growth." Kuala Lumpur, 21th Feb 2025, 01.45pm - UEM Sunrise Bhd has delivered an outstanding financial performance for the year ended Dec 31, 2024 (FY2024), surpassing its full-year targets for both sales...

Malaysia to Finalize Johor-Singapore Special Economic Zone (JS-SEZ) Action Plan by Q3 2025

"Malaysia is set to complete the Johor-Singapore Special Economic Zone (JS-SEZ) Action Plan by Q3 2025, with key strategies to boost local businesses, enhance cross-border trade, and attract investment while ensuring local participation." Kuala Lumpur, 20th Feb 2025, 02.56pm - The Malaysian government is developing the Johor-Singapore Special Economic Zone (JS-SEZ) Action Plan, which is expected to be...

Malaysia Faces AI Data Centre Challenges Amid US Export Restrictions

"Malaysia may face challenges in AI data centre development due to US chip export restrictions, but overall operations remain unaffected, says Deputy Minister Liew Chin Tong.." Kuala Lumpur, 19th Feb 2025, 01.40pm - Malaysia’s development of artificial intelligence (AI) data centres may face challenges due to the recent US restrictions on AI chip exports, said Deputy Investment, Trade and Industry...

EcoWorld Malaysia Sells Industrial Land to Microsoft for RM693.96 Million

"EcoWorld Malaysia is selling 138.5 acres of freehold industrial land in Iskandar Malaysia to Microsoft Payments for RM693.96 million. The sale strengthens EcoWorld’s cash reserves and supports its industrial growth strategy.." Kuala Lumpur, 18th Feb 2025, 10.45am - Eco World Development Group Bhd (EcoWorld Malaysia) has announced the sale of 138.532 acres of freehold industrial land at Eco Business...

Avaland Breaks Ground on 40-Acre Green Space at Cybersouth Township

"Avaland launches The Island @ Cybersouth, a 40-acre eco-friendly space with a 37-acre waterbody, set for completion this year." Kuala Lumpur, 17th Feb 2025, 11.15am - Property developer Avaland Bhd has officially broken ground on The Island at Cybersouth, a 40-acre eco-centric development within the 417-acre Cybersouth township. Designed as a sustainable landmark, The Island features a 37-acre...

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