News by M

Despite witnessing a marginal dip in overall property transaction volume in 2025 (3.5% y-o-y), many high-value deals continued to move the market. 

Selangor Information Technology & Digital Economy Corp (Sidec) has announced the establishment of Fitipower Malaysia Sdn Bhd (Fitipower Malaysia), marking another step in strengthening Selangor’s semiconductor ecosystem.

The Kuala Lumpur stop of the “Until We’re Old, WE ARE ONE” World Tour Concert featuring Hong Kong music icons George Lam and Sally Yeh concluded last Saturday (March 14), drawing fans across generations for an evening celebrating decades of Chinese pop classics.

Binastra Corporation Bhd (KL:BNASTRA) is poised to close its financial year 2026 with a "bang", according to RHB Research, who is projecting a sharp 60% to 100% jump in its upcoming fourth-quarter earnings, driven by its strong RM7 billion order book.

Axis REIT (KL:AXREIT) aims to convert its remaining loans to sustainability-linked financing and explore more of such funding as the real estate investment trust expands its portfolio.

JLand Group (JLG), the real estate and infrastructure arm of Johor Corporation (JCorp), has formalised a strategic partnership with EdgeProp, Malaysia’s leading property media and data platform, through the signing of a Memorandum of Understanding (MoU) to advance property data intelligence and strengthen market positioning across Johor’s evolving real estate landscape.

S P Setia Bhd (SP Setia) has unveiled Summera Grove, a 15.28-acre landed residential enclave within its established Setia Tropika township in Johor Bahru, drawing strong demand with all non-Bumiputera units taken up within hours of launch.

The move reflects a growing need for a more paced and considered analysis in an information-saturated market.

The trust said it will also benefit from profit rebates tied to achieving pre-agreed sustainability targets.

Under the arrangement, the banks have been appointed as joint lead coordinators to oversee the currency risk management framework linked to the ECRL’s loan obligations.