Prime Minister Anwar introduces 11 key transportation and logistics projects to boost Malaysia's infrastructure and public transport services. Kuala Lumpur, 09 Sep 2023 - Prime Minister Datuk Seri Anwar Ibrahim announced today the introduction of 11 new transportation and logistics projects, marking a significant step toward building a sustainable and resilient national infrastructure. These...
Bank Negara's decision to maintain the OPR at 3.00% provides stability and affordability in Malaysia's real estate market, benefiting homeowners and investors. Kuala Lumpur, 08 Sep 2023 - Amidst rising interest rates in Southeast Asian countries, Bank Negara Malaysia's decision to maintain the Overnight Policy Rate (OPR) at 3.00% has provided reassurance to Malaysia's real estate market. In...
Tropicana launches SouthPlace 2 in Subang Jaya's Metropark with apartments, retail lots, and Mercato as the anchor tenant. Petaling Jaya, 07 Sep 2023 - Tropicana Corporation Bhd (Tropicana) is expanding its 88-acre Metropark, Subang Jaya, with the launch of SouthPlace 2 Shoppes and Residences. This move follows the strong demand seen at SouthPlace Shoppes and Residences, which achieved a 90% take-up...
Mah Sing partners with TSSC for industrial property development, capitalizing on Malaysia's growing foreign direct investment. Petaling Jaya, 07 Sep 2023 - Mah Sing Group Bhd is diversifying its portfolio by establishing a joint venture (JV) with The South Sea Capital Sdn Bhd (TSSC) to enter the industrial real estate development sector. In this development, Mah Sing's wholly owned subsidiaries,...
EcoWorld's strategic acquisition of 403.78 acres in Mukim Senai, Johor, paves the way for the development of Eco Business Park VI (EBP VI) to meet the growing demand in the industrial sector. Kuala Lumpur, 06 Sep 2023 - EcoWorld Development Group Berhad is set to bolster its industrial portfolio with the acquisition of 403.78 acres of land in Mukim Senai, Daerah Kulai, Johor, from IOI Prima Property...
Paramount Corp plans RM700m property launches in 2HFY2023, aiming for stronger earnings supported by unbilled sales of RM1.5 billion for the year KUALA LUMPUR, 06 Sep 2023 - Paramount Corp Bhd is gearing up for a promising second half ending on Dec 31, 2023 (2HFY2023) as it anticipates stronger earnings, fueled by new property launches and ongoing efforts to enhance its return on assets. The group,...
SkyWorld starts its Sustainable Community Living program at SkyLuxe on the Park Residences, enhancing EV charging stations and introducing green upgrades in line with ESG principles. KUALA LUMPUR, 06 Sep 2023 - SkyWorld Development Berhad, a prominent city developer, has embarked on its Sustainable Community Living program by signing a Memorandum of Understanding (MoU) with the management corporation...
S P Setia's latest venture in Sydney is expected to boost its FY25 sales and strengthen its presence in Australia's vibrant property market. Learn more about this strategic move and its impact on the company's future growth PETALING JAYA, 05 Sep 2023 - In light of the promising recovery in the property market, S P Setia Bhd's recent venture in Sydney presents a favorable opportunity for the...
Gamuda Land joins forces with Engie Services Malaysia to introduce solar technologies, energy efficiency, and green transportation solutions in their Selangor townships, aiming for a 30% reduction in carbon emissions by 2024 KUALA LUMPUR, 05 Sep 2023 - Gamuda Land Sdn Bhd, a wholly-owned subsidiary of Gamuda Bhd, has partnered Engie Services Malaysia to implement solar technologies, energy efficiency...
Discover why Malaysia needs to act swiftly to protect Forest City's Special Financial Zone status and boost its economic potential amidst regional competition Petaling Jaya, 1 Sept 2023 – The Malaysian government faces calls to accelerate efforts to bolster Forest City's Special Financial Zone status to stay competitive with neighboring countries. Southeast Asian nations such as Singapore,...
