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Teladan Setia Cancels RM48.54 Million Melaka Land Deal Over Unmet Conditions

"Teladan Setia Group Bhd has canceled its RM48.54 million land acquisition in Melaka Tengah after the vendor failed to meet conditions despite extensions." Kuala Lumpur, 10th Feb 2025, 11.30am - Teladan Setia Group Bhd has scrapped its RM48.54 million land acquisition in Melaka Tengah after the vendor, Megan Mastika Sdn Bhd, failed to meet the required conditions despite multiple deadline...

LBS Bina Targets RM8 Billion Property Launches Under New 8 x 8 Strategy

"LBS Bina Group plans to launch RM8 billion worth of property projects from 2025 to 2027 under its 8 x 8 strategy, focusing on residential, industrial, and commercial developments while expanding sustainability efforts with a solar farm in Senawang." Kuala Lumpur, 7th Feb 2025, 11.00am - LBS Bina Group Berhad is gearing up to launch property projects worth a combined gross development value (GDV) of...

CapitaLand Malaysia Trust Secures Three Johor Industrial Properties for RM72 Million

"CapitaLand Malaysia Trust to acquire RM72 million industrial assets in Johor, strengthening its portfolio and growth strategy." Kuala Lumpur, 6th Feb 2025, 11.10am - CapitaLand Malaysia Trust (CLMT) is set to acquire three industrial properties in Senai Airport City for RM72 million from Rainbow Entity Sdn Bhd, a subsidiary of Gromutual Bhd. In a filing with Bursa Malaysia, CLMT stated that the...

Johor-Singapore Special Economic Zone Boosts Property Sales, Reduces Unsold Units

"Property sales in Johor surge, driven by the Johor-Singapore Special Economic Zone (JS-SEZ), with unsold units decreasing and affordable housing projects expanding." Johor, 5th Feb 2025, 11.38am - The Johor-Singapore Special Economic Zone (JS-SEZ) has significantly driven property sales in Johor, reducing the number of unsold serviced apartments and strengthening market confidence, according to State...

Sime Darby Property Secures Anchor Tenants for Upcoming KLGCC Mall

"Sime Darby Property secures Jaya Grocer, Serai Group, ACE Hardware, Asia Ballet Academy, and HarborLand as anchor tenants for KLGCC Mall, set to open in 2025, offering a community-focused retail experience." Kuala Lumpur, 24th Jan 2025, 10.00am - Sime Darby Property Bhd has announced five anchor tenants for its highly anticipated Kuala Lumpur Golf & Country Club (KLGCC) Mall. The confirmed tenants...

MRCB Signs MOA for RM6.25 Billion Ipoh Sentral Transit-Oriented Development

"MRCB partners with Ipoh Sentral Sdn Bhd for a RM6.25 billion transit-oriented development in Ipoh, integrating modern transport and urban living to enhance connectivity and quality of life." Kuala Lumpur, 23th Jan 2025, 03.32pm - Malaysian Resources Corporation Bhd (MRCB), through its wholly owned subsidiary Country Annexe Sdn Bhd, has signed a memorandum of agreement (MOA) with Ipoh Sentral Sdn Bhd...

West Coast Expressway Section 2 Opens, Strengthening Malaysia’s Logistics Hub

"Section 2 of the West Coast Expressway opens at midnight, linking SKVE and SAE to Port Klang, boosting logistics efficiency and reducing travel times. Toll-free for one month." Klang, 22th Jan 2025, 02.30pm - Section 2 of the West Coast Expressway (WCE) is set to open to traffic at midnight, marking a significant milestone in enhancing connectivity and solidifying Port Klang’s position as Southeast...

SkyWorld Diversifies Into Prefab Manufacturing, Targets ASEAN Market

"SkyWorld Development ventures into prefabricated manufacturing through a joint venture with Teambuild Holding, aiming to revolutionize Malaysia's construction industry and expand across ASEAN markets." London, 21th Jan 2025, 10.05am - SkyWorld Development Bhd is set to expand its business by venturing into the manufacturing of prefabricated and prefinished modular systems, marking a strategic...

PM Anwar Unveils Second Chip Design Park in Madani Economy Push

"Prime Minister Anwar Ibrahim highlights the Madani Economy Framework's success and announces Malaysia's second chip design park during his LSE lecture, focusing on semiconductors, AI, sustainability, and global trade strategies." London, 20th Jan 2025, 11.50am - Prime Minister Datuk Seri Anwar Ibrahim highlighted the achievements of the Madani Economy Framework and Malaysia’s strategic advancements...

Pahang to Develop AI Data Centre and Affordable Housing Projects

"Pahang to develop Malaysia's first east coast AI Data Centre in 2026, boosting agricultural product marketing globally. Affordable housing projects near ECRL stations aim to enhance residents’ quality of life and drive economic growth." Pahang, 17th Jan 2025, 11.15am - The Pahang government is set to establish an Artificial Intelligence Data Centre (AIDC) to revolutionize the marketing of local...

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