News by M

Malaysia’s central bank kept the benchmark interest rate unchanged as expected on Thursday, drawing comfort from resilient economic growth and tame inflation.

Jesselton International is set to offer The V by Jesselton, a RM1.5 billion mixed-use waterfront development along the Likas Bay coastline.

Semenyih, once regarded as a quiet town on the outskirts of Selangor, has transformed into one of Greater Kuala Lumpur’s most dynamic growth corridors. Over the years, it has attracted higher-income households, professionals, and investors to its balance of quality living and value-for-money properties.

Export-Import Bank of Malaysia Bhd (EXIM Bank) has extended a US$70 million Islamic Overseas Investment Financing facility to Berjaya Okinawa Investment (S) Pte Ltd, a wholly owned subsidiary of Berjaya Land Bhd, to support the development of the prestigious Four Seasons Resort & Private Residences Okinawa, Japan (Four Seasons Okinawa).

Construction and property development group Kerjaya Prospek Group Bhd (KL:KERJAYA) said it has secured an RM87.66 million contract to undertake building works for a commercial development project in Shah Alam.

Data centres across Malaysia are currently consuming less than half of their declared electricity demand, which could create the risk of stranded assets, the government flagged.

MTD Properties held a groundbreaking ceremony for MTD Residensi Sutera Vista on Nov 1, marking the launch of the final residential phase in the Taman Sutera township.

Boutique developer Trinity Group Sdn Bhd has successfully achieved a full take-up for phase one of Trinity Rainfora, its rainforest-inspired high-rise development in Bandar Kinrara.

The Melaka state government is currently processing 1,110 Government Land Applications (PTK) submitted since early 2023, with additional applications still under review, chief minister Datuk Seri Ab Rauf Yusoh announced.

Techbond Group Bhd is acquiring three parcels of industrial land in Eco Business Park 7, Negeri Sembilan, for a total of RM27.76 million.