News by EDGEPROP.MY

Malaysia’s medical tourism industry had a strong 2025. Revenue rose 23.2% year-on-year to RM3.35 billion, up from RM2.72 billion in 2024, while international patient arrivals climbed 15.6% to 1.85 million, from 1.6 million the year before.

An abandoned site is turned into a living hub for arts, rivers and community, and that is how KongsiKL is proving that placemaking is not just about physical spaces, but about people, shared resources and collective purpose.

A two-storey freehold bungalow in Ukay Heights, Ampang, Selangor has been listed for sale at an asking price of RM3.35 million, offering a combination of spacious living areas, private recreational facilities and convenient access to Kuala Lumpur’s city centre.

Selangor and Johor emerged as Malaysia’s leading investment destinations in the first half of 2026 (1H2026), as Malaysian Investment Development Authority (Mida) chairman Tengku Datuk Seri Zafrul Abdul Aziz highlighted services and manufacturing as the country’s two main investment engines.

WCT Holdings Bhd has secured a RM600.89 million contract to construct a 41-storey office building at Tun Razak Exchange (TRX) in Kuala Lumpur.

UEM Sunrise Bhd has appointed Datuk Wira Sr Azmar Talib as chairman of its board of directors, the property developer announced in a media release today.  He succeeds Datuk Hisham Hamdan, who served as chairman since July 1, 2023.

Avaland Bhd’s net profit rose 41% quarter-on-quarter (q-o-q) to RM17.1 million for the second quarter ended June 30, 2026 (2QFY2026), from RM12.1 million in 1QFY2026.

Mah Sing Group Bhd’s net profit attributable to shareholders rose 9.8% to RM72.47 million for the second quarter ended June 30, 2026 (2QFY2026), from RM66.02 million a year earlier, as higher property sales and progress billings lifted revenue.

Tanco Holdings Bhd slipped into a net loss in the fourth quarter ended June 30, 2026 (4QFY2026), despite a 19.5% increase in revenue, as its property development and management division recorded a RM9.78 million operating loss.

AME Elite Consortium Bhd’s net profit rose 50% year on year in the first quarter ended June 30, 2026 (1QFY2027), supported mainly by stronger contributions from its construction services segment and gains recognised on investment properties.