"Malaysia ranks 4th among Chinese ultra-wealthy homebuyers seeking luxury properties in 2024, driven by affordable prices, MM2H visa perks, and rising tourism and education links." Kuala Lumpur, 15th Apr 2025, 11.55am - Malaysia has soared into the global luxury real estate spotlight, ranking 4th among the most-enquired destinations by Chinese high-net-worth individuals (HNWIs) seeking luxury homes...
"Affin Hwang Research forecasts RM21.5 billion in property sales for Malaysia in 2025, citing industrial demand, policy support, and infrastructure projects amid global economic uncertainty." Kuala Lumpur, 14th Apr 2025, 11.20am - Malaysia’s property market is projected to record moderate growth in 2025, with total sales expected to hit RM21.5 billion, according to Affin Hwang Investment Bank...
"Sabah’s Pan Borneo Highway Phase 1 to be completed by 2029, with major infrastructure upgrades, water supply projects, and renewable energy plans in motion, says Tun Musa Aman." Sabah, 11th Apr 2025, 01.30pm - The first phase of the Sabah Pan Borneo Highway, spanning 706km, is expected to reach full completion by 2029, reaffirmed Yang Dipertua Negeri of Sabah Tun Musa Aman during the opening of the...
"WCT shareholders approve Paradigm REIT listing and RM2.44b retail asset transfer. IPO includes retail and institutional offerings; REIT targets Bursa debut." Kuala Lumpur, 10th Apr 2025, 01.00pm - WCT Holdings Bhd has received shareholder approval to proceed with the listing of its Paradigm Real Estate Investment Trust (Paradigm REIT) on the Main Market of Bursa Malaysia, a strategic move aimed at...
"Penang sets April 15 deadline for landowners to vacate sites for PIL 2A highway project. RM24.27m in compensation paid; legal appeals ongoing." Penang, 09th Apr 2025, 12.18pm - The Penang state government has reaffirmed that land acquisitions under Phase 1 of the Pan Island Link 2A (PIL 2A) project are being carried out in full compliance with the Land Acquisition Act 1960, urging all affected parties...
"Minister Nga Kor Ming to meet PM Anwar to finalize aid plan for Putra Heights explosion victims. 219 homes damaged; 38 still hospitalized." Kuala Lumpur, 08th Apr 2025, 09.50am - Housing and Local Government Minister Nga Kor Ming will meet Prime Minister Datuk Seri Anwar Ibrahim on Monday to finalize a coordinated aid strategy for victims of the devastating gas pipeline explosion and fire in Putra...
"Radium Development Bhd plans a 140-bed hospital in Melaka, marking its entry into healthcare. Construction starts in 2025; operations expected by 2028." Kuala Lumpur, 07th Apr 2025, 11.15am - Property developer Radium Development Bhd is making its first foray into the healthcare sector with plans to develop and operate a 140-bed private hospital in Bukit Katil, Melaka, through its wholly owned unit A...
"IWCity gets six-month extension from Bursa to submit regularisation plan. Debt-to-equity deal with Rampai Fokus aims to revive the property firm’s financial position." Kuala Lumpur, 04th Apr 2025, 12.58pm - Loss-making property developer Iskandar Waterfront City Bhd (KL:IWCITY) has secured a six-month extension from Bursa Malaysia Securities to submit its long-awaited regularisation plan, with the...
"A gas pipeline fire in Putra Heights displaced 305 residents, destroyed 225 vehicles, and sparked an investigation." Kuala Lumpur, 03rd Apr 2025, 12.10pm - A devastating gas pipeline fire erupted in Putra Heights, Subang Jaya, on April 1, forcing hundreds of residents to evacuate and causing extensive damage to homes and vehicles. The explosion, which occurred at 8:10 AM, sent flames soaring 20...
"LSH Service Master assumes KL Tower operations under a 20-year concession, ensuring seamless management while reaffirming government ownership." Pahang, 02nd Apr 2025, 01.33pm - Lim Seong Hai Capital Bhd (LSH) has officially assumed the operation, management, and maintenance of Kuala Lumpur Tower (KL Tower) through its subsidiary, LSH Service Master Sdn Bhd (LSHSM). The company emphasized that KL...
