"A 2025 study finds 90% of Malaysia’s buildings suffer from leaks and poor maintenance, raising alarm over long-term property safety and asset value." Kuala Lumpur, 07th Octorber 2025, 10.55am - A new nationwide survey has uncovered a growing maintenance crisis across Malaysia’s property market, revealing that nine out of ten buildings suffer from leaks and seepage due to ageing structures, limited...
"KPKT directs PLANMalaysia to review UMNO’s Urban Renewal Convention proposals to enhance the Urban Renewal Bill for better urban redevelopment." Kuala Lumpur, 06th Octorber 2025, 01.49pm - The Housing and Local Government Ministry (KPKT) has directed the Town and Country Planning Department (PLANMalaysia) to carry out a detailed review of resolutions proposed during the recent Urban Renewal...
"Matrix Concepts’ founder transfers 10 million shares to son Kelvin Lee, marking a new phase in leadership and growth for the property developer." Kuala Lumpur, 03rd Octorber 2025, 01.49pm - Matrix Concepts Holdings Bhd founder and group executive deputy chairman Datuk Seri Lee Tian Hock has transferred 10 million shares in the property developer to his son, group executive director Kelvin Lee Chin...
"Majestic Yu in Seremban achieves 80% take-up since June launch, offering terraced and semi-detached homes priced from RM250,000." Kuala Lumpur, 02nd Octorber 2025, 12.49pm - Majestic Gen Sdn Bhd’s latest landed residential project, Majestic Yu, has achieved an 80% take-up rate just three months after its launch in June, the developer announced on Wednesday. Built on a 9.3-acre site with a gross...
"OSK acquires 3.3-acre land in Subang Jaya from Tropicana for RM44m to develop RM427m serviced apartments under Tropicana Metropark." Kuala Lumpur, 01st Octorber 2025, 11.58am - OSK Holdings Bhd has announced the acquisition of a 3.3-acre parcel of land in Subang Jaya from Tropicana Corp Bhd for RM44.34 million, with plans to develop serviced apartments valued at RM427 million. The purchase was made...
"Sarawak prepares for Northeast Monsoon 2026 with 7,000 personnel, 20,000 volunteers, and 12,000 assets to tackle floods and protect communities." Sarawak, 30th September 2025, 10.15am - Sarawak is on high alert as the state prepares for the Northeast Monsoon (MTL) season, expected to take place between November 2025 and March 2026. Authorities have mobilised more than 7,000 frontline personnel, over...
"Malaysia launches pilot residential solar project with Sime Darby and TNB under the CREAM programme, supporting the NETR goal of 70% renewable energy by 2050." Kuala Lumpur, 29th September 2025, 11.43am - The Energy Transition and Water Transformation Ministry has launched a pilot residential solar project under the Community Renewable Energy Aggregation Mechanism (CREAM), marking a new step in...
"Ireka Corp faces Oct 3 trading suspension and possible delisting as Bursa rejects appeal; company disputes Pan Borneo project termination and defaults on loans." Kuala Lumpur, 26th September 2025, 01.24pm - Trading in Ireka Corp Bhd will be suspended from Oct 3, after Bursa Malaysia Securities dismissed the construction firm’s appeal for more time to submit its regularisation plan. In a filing on...
"Sentral REIT CEO Teh Wan Wei resigns to pursue new opportunities; successor to be named soon as Q2 income and revenue show slight decline." Kuala Lumpur, 25th September 2025, 01.00pm - Sentral REIT announced that its chief executive officer, Teh Wan Wei, has resigned from his position at Sentral REIT Management Sdn Bhd with immediate effect. In a filing to Bursa Malaysia, the REIT said Teh, who is...
"Malaysia’s housing market slows in 2025 as unsold affordable homes rise, with Rehda citing price mismatch, loan rejections, and SST concerns." Kuala Lumpur, 24th September 2025, 10.53am - Malaysia’s housing market remained subdued in the first half of 2025, with unsold affordable homes continuing to pose a challenge, according to the Real Estate and Housing Developers’ Association (Rehda). At...
