News by M

EcoFirst Consolidated Bhd (KL:ECOFIRS) said it is acquiring two freehold land parcels in Penang island for RM45 million as part of its plan to strengthen its development pipeline and diversify earnings beyond the Klang Valley.

Malaysia and Singapore reaffirmed their commitment to deepen economic cooperation under the Johor–Singapore partnership during a courtesy call between the Minister of Economy of Malaysia, Akmal Nasrullah Mohd Nasir, and Singapore’s Minister for National Development, Chee Hong Tat.

Extended mortgage tenures and higher loan-to-value ratios have made expensive homes more “affordable” in terms of monthly payments, but have contributed to higher overall house prices.

Johor has established itself as Malaysia’s second-largest residential market in 2025, following Selangor, based on both transaction volume and value.

Developers are not building enough industrial projects in the Johor–Singapore Special Economic Zone (JS-SEZ), with supply still lagging behind growing demand.

Property developer NCT Alliance Bhd (KL:NCT) is looking at a potential partnership with Guangzhou Great Power Energy & Technology Co Ltd (Great Power) to explore battery energy storage system (BESS) projects in Malaysia.

Renting out residential property carries inherent responsibilities for owners, particularly in ensuring that units are used for lawful and intended purposes. 

BRDB Developments Sdn Bhd is partnering SPACE Group to craft the interiors of Eden Taman Duta.

KLCCP Stapled Group (KL:KLCC) has declared a record-high total dividend of 47 sen per stapled security for the financial year ended Dec 31, 2025, as its annual net profit and revenue hit all-time highs.

Sentoria Group Bhd (KL:SNTORIA) announced on Thursday that developer Masteron Sdn Bhd will take over its troubled 204-acre development in Morib, Selangor, after the group admitted it was unable to complete the project.