News by EDGEPROP.MY

Group revenue rose 13.1% to RM278.5 million from RM246.1 million a year earlier.

Revenue declined 4.2% to RM120.61 million from RM125.93 million.

Malaysia's property market entered 2026 in recalibration mode, with Kuala Lumpur's office sector emerging as the clearest sign of recovery, according to data from Bank Negara Malaysia (BNM), the Valuation and Property Services Department (JPPH), and Knight Frank.

Sime Darby Bhd more than tripled its earnings in the third quarter ended March 31, 2026 from a year earlier, driven principally by a one-off gain of RM434 million from the disposal of land at Malaysia Vision Valley (MVV) in Negeri Sembilan, even as revenue declined.

IJM Land Bhd has entered into a joint venture with Southern Catalyst Sdn Bhd (SOCAT) to develop about 307.17 acres of industrial and commercial land within the Johor–Singapore Special Economic Zone (JS-SEZ), in a project with an estimated gross development value of RM1.96 billion.

A private developer is seeking planning approval for a 61-storey mixed-use development in Bukit Pantai, Kuala Lumpur, in a proposal that would introduce close to 1,500 serviced apartment units into one of the capital's more established urban residential corridors.

Setia Awan has signed a Memorandum of Understanding (MoU) with seven retail and F&B brands to anchor Avenue F in Bukit Ampang Permai, marking a key step in its township development strategy.

It is termed a bungalow — but it’s not just any standard bungalow. Situated in a vibrant Kuala Lumpur suburb, the expansive 15,000 sq ft residence sitting on two plots totalling a massive 20,000 sq ft is more like a mansion.

As congestion within urban confines drives the search for vertical living, landed homes will soon become an increasingly rare commodity. For industry veteran Datuk Jeffrey Ng Tiong Lip, founder and director of boutique developer Urban Hallmark Properties Sdn Bhd (UHP), this shift signals a new era for landed living in and around Kuala Lumpur, elevating it further up the lifestyle value chain.

Paramount Corp Bhd maintained stable first-quarter earnings for the period ended March 31, 2026, supported by resilient property contributions and a sizeable unbilled sales pipeline, despite lower revenue amid a more measured launch strategy and softer market conditions.