"Hektar REIT teams up with Samaiden for a zero-capex solar project across five malls, aiming for RM41.3 million in savings and a 98,640-tonne cut in carbon emissions." Kuala Lumpur, 07th May 2025, 02.40pm - After more than a decade of planning, Malaysia's long-anticipated Urban Renewal Bill (URA) is set to be tabled in Parliament this July, with the goal of revitalizing ageing neighbourhoods,...
"Malaysia’s Urban Renewal Bill to be tabled in July aims to fast-track redevelopment of ageing properties, but faces public pushback over gentrification, affordability, and consent rights." Kuala Lumpur, 06th May 2025, 11.32am - After more than a decade of planning, Malaysia's long-anticipated Urban Renewal Bill (URA) is set to be tabled in Parliament this July, with the goal of revitalizing ageing...
"TCS Group resumes construction at J Satine project in Wangsa Maju after DBKL approves safety report. Phase 3 and Phase 2 work restarts; Phase 1 awaits foundation verification." Kuala Lumpur, 05th May 2025, 11.27am - TCS Group Holdings Bhd has received the go-ahead from Kuala Lumpur City Hall (DBKL) to resume construction works at its J Satine mixed development in Wangsa Maju, following a suspension in...
"Battersea Power Station secures planning approval for a new phase adding 306 homes and a community hub. Backed by Malaysian investors, the project is set to transform London’s South Bank." Kuala Lumpur, 02nd May 2025, 02.51pm - The regeneration of Battersea Power Station, one of London's most iconic redevelopment projects, has reached a key milestone with planning approval granted for its next...
"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...
