Eco World Development Group Bhd reported a net profit of RM445.3 million for FY2025, up 44.3% from RM303.54 million a year earlier, mainly driven by stronger sales across all market segments and improved margins.
Malaysian authorities on Wednesday (Dec 10) issued a forfeiture notice involving properties linked to the late Tun Daim Zainuddin, according to legal representatives of his family.
The long-anticipated Light Rail Transit 3 (LRT3) Shah Alam Line will not commence operations this year, confirming an earlier report by The Edge.
I-Bhd, the developer of i-City, has announced a collaboration with Universiti Teknologi MARA (UiTM) to focus on talent development, artificial intelligence (AI) research, and experiential learning within the i-City ecosystem sited in Shah Alam, Selangor.
EdgeProp and CCI Realty Sdn Bhd have formalised their ongoing collaboration through a renewed memorandum of understanding (MOU) signed on Dec 5.
Engineering and construction services group PJBumi Bhd announced that its wholly-owned subsidiary, PJBumi Heavy Engineering & Services Sdn Bhd (PJBumiHES), has been awarded a contract for design and construction.
Pelaburan Hartanah Bhd (PHB), has achieved an upgrade of its Corporate Sustainability Rating to Gold1 from Gold3, following RAM Sustainability Sdn Bhd’s latest annual assessment.
The proposed Urban Renewal Act (URA) Bill 2025, recently tabled in Parliament, could fundamentally reshape Malaysia’s property landscape. While initially perceived as targeting old strata developments, the URA’s language is actually wide enough to include landed residences, business premises, and commercial properties, especially those more than 30 years old.
Matrix Concepts Holdings Bhd (KL:MATRIX) is disposing of two parcels of vacant land in MVV Techvalley industrial park in Negeri Sembilan for a total of RM24.61 million in a related-party transaction.
The Straits View DUO is a twin-tower development located in Permas Jaya, Johor Bahru, comprising 715 serviced apartments and 15 retail lots.
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