News

"Malaysia’s property sector recorded RM240 billion in transactions in 2025, marking a decade high as the industry strengthens its role as a key economic driver." Kuala Lumpur, 04nd March 2026, 03.12pm - Malaysia’s property market recorded transaction values totalling RM240 billion in 2025, marking the highest level in more than a decade and signalling strong recovery momentum for the sector,...

"KSL Holdings posts a 66% jump in 4QFY2025 net profit driven by fair value gains and stronger project revenue, ending 2025 with improved earnings momentum." Kuala Lumpur, 02nd March 2026, 11.45am - KSL Holdings Berhad ended 2025 on a strong financial footing after reporting record fourth-quarter earnings, supported by higher other income and stronger revenue recognition from ongoing property...

"IJM Land unveils Sutera Phase 2 at S2 Heights Aman with RM92 million GDV, featuring 104 two-storey link homes and multi-generational wellness facilities." Kuala Lumpur, 27th February 2026, 03.45pm - IJM Land Berhad has introduced Sutera Phase 2 at S2 Heights Aman, Negeri Sembilan, with a gross development value (GDV) of RM92 million, expanding its township development with new landed residential...

"UOA Development posted a 50% rise in 4QFY2025 net profit driven by investment property revaluation gains, while revenue declined amid slower progress billings." Kuala Lumpur, 25th February 2026, 03.30pm - UOA Development Berhad reported a strong increase in net profit for the fourth quarter ended Dec 31, 2025 (4QFY2025), supported by a significant revaluation surplus on its investment properties,...

"9,375 participants have completed BIM training via CIDB and myBIM platforms, supporting digital transformation in Malaysia’s construction sector under the 13th Malaysia Plan." Kuala Lumpur, 24th February 2026, 05.30pm - A total of 9,375 participants nationwide have completed Building Information Modelling (BIM) training through platforms such as the myBIM Centre and the myBIM Satellite network, as...

"Malaysia’s LRT3 Shah Alam Line is expected to start operations by June 2026 after technical testing delays, with trial runs ongoing and project costs revised to RM21.93 billion." Kuala Lumpur, 24th February 2026, 05.50pm - The Light Rail Transit 3 (LRT3) line, also known as the Shah Alam Line, is expected to begin operations by June 2026 following delays caused by technical issues, Transport...

"Exsim Hospitality plans to diversify into construction and centralised procurement, targeting at least 25% net profit contribution while strengthening project management and reducing reliance on hospitality operations." Kuala Lumpur, 11th February 2026, 03.40pm - Exsim Hospitality Bhd has proposed diversifying into construction works and centralised procurement of building materials and household...

"Sime Darby Property celebrates Malaysian craftsmanship at the Piala Seri-Ibu Kraf 2026 prize-giving ceremony, empowering over 500 artisans and showcasing heritage-inspired creations at KLGCC Mall through a collaboration with CIMB." Kuala Lumpur, 10th February 2026, 02.45pm - Sime Darby Property Berhad (“Sime Darby Property” or the “Group”) today hosted the Piala Seri-Ibu Kraf Prize Giving...

"An economist urges postponement of Sunway’s RM11 billion takeover of IJM, citing valuation gaps, governance issues and national interest concerns as regulators face calls for scrutiny." Kuala Lumpur, 09th February 2026, 12.00pm - An economist has urged that Sunway Bhd’s proposed RM11 billion acquisition of IJM Corp Bhd be postponed, citing concerns over governance, valuation and potential...

"Malaysia will enforce community service for convicted littering offenders on Feb 13, while over 40,000 PR1MA sick project homes have now been completed, says Nga Kor Ming." Kuala Lumpur, 05th February 2026, 02.30pm - All individuals convicted by the courts for littering offences will carry out their Community Service Orders (CSO) simultaneously on Feb 13, according to Housing and Local Government...