News by EDGEPROP.MY

SD Guthrie Bhd and Eco World Development Group Bhd said the sale and purchase agreement (SPA) for the Eco Business Park 8 (EBP8) land transaction in Kulai, Johor became unconditional on Thursday, while the amended and restated shareholders’ agreement governing the joint venture took effect on the same date.

S P Setia Bhd has been named World Silver Winner in the Residential Low Rise category at the 2026 FIABCI World Prix d’Excellence Awards for Precinct Arundina, its landed residential development within Setia Eco Park in Selangor.

UDA Holdings Bhd has handed over all 153 units of Areca Terrace Phase 4B in Bandar UDA Utama, Johor Bahru ahead of schedule, with the development fully sold.

Malaysia has emerged as the biggest winner at the FIABCI World Prix d’Excellence Awards 2026 held in Vienna, Austria, with the country’s developers taking home six gold and six silver awards across multiple categories, according to the Ministry of Housing and Local Government (KPKT).

Malaysia’s growing strata complexity is exposing gaps in governance, prompting calls for clearer rules as mixed-use developments and resident expectations evolve.

WORQ has expanded its footprint with the launch of its 13th outlet at Menara Shell in KL Sentral, in partnership with Sentral REIT, amid growing interest in transit-oriented and flexible workspace solutions.

I-Bhd’s i-City has partnered Singapore-based Twin-Matrix Technologies to explore artificial intelligence (AI)-enhanced living experiences, including the development of an AI companion concept for its AI Living initiative.

YLI Holdings Bhd has clarified that 75% of the RM20.6 million earmarked for working capital from its proposed RM28.5 million disposal of industrial land in Prai, Penang, will be allocated to trade purchases and working capital reserves.

Sime Darby Property Bhd’s Elmina Lakeside Mall has won the World Gold Award in the Retail category at the 2026 FIABCI World Prix d’Excellence Awards.

Sime Darby Property Bhd has secured shareholder approval for a new long-term incentive plan (LTIP) of up to 5% of its issued shares, as well as a specific 2026 share grant to its group managing director and CEO Datuk Seri Azmir Merican, at an extraordinary general meeting (EGM) held on Wednesday.