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News by Edgeprop.my

IWCity logs RM43.4m revenue in FY2025 amid regularisation push

Iskandar Waterfront City Bhd (IWCity), one of Eastern Johor Bahru's largest waterfront landowners with a freehold-dominant landbank straddling the Johor-Singapore Special Economic Zone (JS-SEZ) corridor, has filed its annual report and corporate governance report for the financial year ended Dec 31, 2025 (FY2025) with Bursa Malaysia.

1 May, 2026

SkyGate Solutions posts RM90m revenue in FY2025; property investment unit anchors recurring income amid development slowdown

SkyGate Solutions Bhd's property investment arm delivered steady recurring income in the financial year ended Dec 31, 2025 (FY2025), even as its property development segment contracted sharply — while a manufacturing surge pushed group revenue up 35.1% to RM90.0 million from RM66.65 million in FY2024, according to its annual report filed with Bursa Malaysia on April 30, 2026

1 May, 2026

Pesona Metro posts strongest year on record as property arm delivers full-year earnings punch, eyes RM500m in new construction contracts for FY2026

Construction and property group Pesona Metro Holdings Bhd has delivered its strongest financial performance in recent years, with group revenue surging 38% to RM705.9 million in the financial year ended December 31, 2025 (FY2025), propelled by a first full-year contribution from its newly acquired property development arm and steady billings across its construction order book.

1 May, 2026

Rehda RIYI mentors highlight gap between classroom learning, workplace expectations

The Real Estate and Housing Developers’ Association (Rehda) Institute Youth Initiative (RIYI) 2026 recently held its first corporate mentorship session, bringing together about 50 students from over 15 universities nationwide to engage directly with industry leaders and gain early exposure to workplace expectations in the built-environment sector.

30 April, 2026

DPS Resources bets on RM4.36b AGI data centre to unlock Melaka landbank acquired for RM45.6m just three years ago

A 253-acre freehold landbank in Alor Gajah, Melaka — bought for RM45.60 million in 2023 to develop mixed residential and commercial properties — is now the centrepiece of an indicative US$1.1 billion (RM4.36 billion) Artificial General Intelligence (AGI) data centre development, after DPS Resources Bhd's wholly-owned subsidiary signed a memorandum of understanding (MoU) with an Alibaba Group-affiliated technology firm.

30 April, 2026

IGB REITs report higher 1Q earnings as mall assets outshine offices; both declare distributions

The retail and office arms of the IGB group both reported stronger first-quarter results, though the scale of their performances diverged sharply — with IGB Real Estate Investment Trust's (IGB REIT) malls posting blockbuster growth on the back of a new acquisition, while IGB Commercial Real Estate Investment Trust (IGB Commercial REIT) delivered a steady, organic improvement across its office portfolio, according to its Bursa Malaysia announcements.

30 April, 2026
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