News

"Malaysia urges ASEAN nations to adopt the CHASE City framework — a Clean, Healthy, Advanced, Safe and Eco-friendly model — to promote sustainable, liveable cities through integrated urban planning." Kuala Lumpur, 13th August 2025, 12.30pm - Malaysia has called on ASEAN member states to embrace an integrated urban planning approach through the CHASE City framework, aiming to balance environmental...

"WCT Land partners with Maybank to offer up to 120% financing for GreenRE-certified homes, making sustainable housing in KL and Johor more affordable." Kuala Lumpur, 12th August 2025, 10.39am - WCT Land Sdn Bhd, the property arm of WCT Holdings Bhd, has partnered with Maybank to roll out a financing scheme of up to 120% for buyers of its GreenRE-certified developments, aiming to make sustainable...

"Paramount Corp acquires 295.55 acres in Kulim for RM128.74m to develop a RM946m township, boosting total GDV to RM5.49b and tapping Kulim Hi-Tech Park’s growth potential." Kuala Lumpur, 11th August 2025, 11.39am - Paramount Corp Bhd has announced the acquisition of four freehold land parcels in Bandar Lunas, Kulim, Kedah, totalling 295.55 acres, for RM128.74 million. The property developer plans to...

"Malaysia’s ECRL project is 86% complete as of July 2025, with Phase 1 set for 2027 and Phase 2 for 2028. The RM10.21b rail network boosts ESG goals and cuts CO₂ by 1 million tonnes yearly." Kuala Lumpur, 08th August 2025, 02.00pm - The East Coast Rail Link (ECRL) has achieved 86.07% completion as of July 2025 and remains firmly on schedule to meet its operational deadlines, Malaysia Rail Link Sdn...

"Sultan of Pahang raises his stake in Citaglobal Bhd to 13.25% through a 15 million share off-market deal, becoming the second-largest shareholder after Tan Sri Mohamad Norza Zakaria." Kuala Lumpur, 07th August 2025, 11.55am - The Sultan of Pahang, Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, has raised his direct stake in Citaglobal Bhd to 13.25%, following the acquisition of 15 million...

"S P Setia launches the Setia AI & Proptech Innovation Challenge to promote inclusive homeownership and smarter construction using AI. Applications open from Aug 1–31, 2025." Kuala Lumpur, 06th August 2025, 01.13pm - S P Setia Bhd has officially launched the Setia AI & Proptech Innovation Challenge, a forward-looking initiative under the Bengkel Inovasi GLC (BIG) Programme, designed to...

"Mah Sing launches M Aurora, a new freehold serviced residence in Old Klang Road, offering smart, sustainable city living with excellent connectivity and eco-friendly features. GDV: RM660 million." Kuala Lumpur, 05th August 2025, 11.05am - Mah Sing Group Bhd is set to extend its popular M Series with the upcoming launch of M Aurora, a new freehold serviced residence development strategically located...

"KTMB begins trial runs for the ETS extension to Kluang, aiming to expand electric train services in southern Malaysia. Full rollout to Johor Bahru will proceed in phases." Kuala Lumpur, 04th August 2025, 01.20pm - Keretapi Tanah Melayu Bhd (KTMB) has confirmed that trial runs are currently in progress for the next phase of its Electric Train Service (ETS) extension to Kluang, Johor, as part of the...

"Under the 13th Malaysia Plan, new large-scale housing projects must include school construction to tackle overcrowding. RM67 billion is allocated for education upgrades and infrastructure." Kuala Lumpur, 01st August 2025, 01.58pm - The construction of schools will become a mandatory condition for planning approval of new large-scale housing projects under the 13th Malaysia Plan (13MP), Prime Minister...

"EcoFirst Consolidated Bhd’s Q4 profit drops 66.5% to RM13.95 million despite 88% revenue growth, as higher costs and lower fair value gains weigh in. Company warns of SST impact on future developments." Kuala Lumpur, 31th July 2025, 12.45pm - EcoFirst Consolidated Bhd reported a sharp 66.5% decline in net profit for the fourth quarter ended May 31, 2025 (4QFY2025), despite a strong surge in revenue...