Milestones Group launches industrial project in Klang, records 50% take-up rate for Phase 1
Milestones Group, a property developer and design-and-build contracting business, has officially launched LINX Avenue at Kapar, Klang on Aug 15.
Penang LRT budget capped at RM16b-17b, says Loke
Transport Minister Anthony Loke on Monday announced a budget ceiling of RM16 billion to RM17 billion for the Penang Light Rail Transit (LRT) project.
Maxim Global secures RM126 mil loan to develop 3.24-acre KL Site
Maxim Global Bhd (KL:MAXIM) has secured RM126 million in banking facilities from Alliance Bank Malaysia Bhd (KL:ABMB) to fund a property development project in Kuala Lumpur.
LBS, KLM Land launch Phase 3 of Alam Perdana Industrial Park in Puncak Alam
LBS Bina Group Bhd (KL:LBS) and KLM Land Sdn Bhd jointly launched Phase 3 of Alam Perdana Industrial Park located at Puncak Alam, Selangor on Aug 16.
Landlords brace for slower leasing and softer rent under new SST regime
Malaysia's real estate market is expected to see reduced absorption rates across all commercial property segments with downward pressure on rental growth, following the introduction of the expanded sales and service tax (SST) framework, according to JLL Malaysia.
Asian Pac buys Salcon’s property development arm for RM42 mil
Asian Pac Holdings Bhd (KL:ASIAPAC) is acquiring a property development firm from Salcon Bhd (KL:SALCON) for RM42 million in cash, in a move to strengthen its presence in the Klang Valley.
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Setia4Malaysia Unity Run 2025 to kick off at Setia Fontaines in Penang
S P Setia Bhd will once again celebrate Merdeka Day and Malaysia Day with its fifth instalment of Setia4Malaysia Unity Run, kicking off the 2025 event on Sept 7 at Setia Fontaines in Penang.
Sentral REIT’s sale of long-vacant Wisma Sentral Inai to improve portfolio, balance sheet—analysts
The proposed sale of Wisma Sentral Inai will immediately improve Sentral REIT’s (KL:SENTRAL) portfolio and boost its balance sheet for future acquisitions, analysts said.
Housing Development Act to be amended to cover sick commercial projects
The government is in the midst of drafting amendments to the Housing Development (Control and Licensing) Act 1966 to expand its scope to cover problematic commercial projects.
YPLab 2025 kicks off with 30 participants, focus on Kampung Pasir
The Young Professionals Lab (YPLab) 2025 was launched today with 30 participants, with the theme “Roots of Resilience” to preserve heritage while strengthening urban climate resilience.
