News by M

The proposal to use a 30-year building age as a redevelopment trigger under the Urban Renewal Act (URA) Bill (now in Parliament) remains fundamentally unsound, even with the Housing and Local Government  (KPKT) Minister Nga Kor Ming’s latest suggestion of “reviewing” it.

AFFIN Bank Bhd has launched AFFIN Home Reno/-i, a comprehensive home renovation financing solution, offering all-in-one financing for both interior and exterior works.

A local industry leader notes that Malaysian firms are reassessing their strategies to position real estate as an institutional-grade asset class capable of delivering stable, long-term returns.

The Johor State Government will ensure that all development and strategic investments, including large-scale projects in the Johor-Singapore Special Economic Zone (JS-SEZ), will not compromise the basic needs of residents, particularly electricity and water supply, which remain a top priority.

Wellness and healthcare-focused property developments require careful planning to ensure financial viability and strong returns.

The construction sector is expected to see robust job flows in 2026, amid healthy contract flows anchored by infrastructure projects and sustained data centre roll-outs, according to Hong Leong Investment Bank Bhd (HLIB).

Vestland Bhd (KL:VLB) said it will not proceed with three Selangor affordable housing projects worth a total of up to RM550.69 million secured in 2022 from Splendid Forte Development Sdn Bhd.

SkyGate Solutions Bhd (KL:SKYGATE) is buying a Penang-based property investment company linked to its major shareholder for RM75.9 million in cash and shares.

A bill to facilitate border control arrangements for the Johor Bahru-Singapore Rapid Transit System (RTS) Link will be tabled in Parliament next month, Transport Minister Anthony Loke Siew Fook said.

Construction outfit SC Estate Builder Bhd (KL:SCBUILD) has formalised an agreement to acquire a 25% equity interest in a non-operational hotel in Alor Setar for RM18.79 million from chairman Loh Boon Ginn’s mother in its push into property investment.