News by M

Al-'Aqar Healthcare Real Estate Investment Trust (Al-'Aqar REIT) has announced that the sale and purchase agreement (SPA) for the proposed disposal of its KPJ Healthcare College building in Penang has become unconditional following the fulfilment of all conditions precedent.

Country Heights Holdings Bhd (CHHB) has resolved a winding-up petition filed by the Malaysian government against one of its wholly-owned subsidiaries, Country Heights Commercial Development Sdn Bhd (CHCD).

Maxland Bhd (KL:MAXLAND) has scrapped two planned land leases in Kedah for a proposed data centre and district cooling system after revising its business strategy.

A heated confrontation broke out in the Penang state assembly on Thursday as Chief Minister Chow Kon Yeow defended the state's decision to reject an RM818 million bid for the Batu Kawan Industrial Park (BKIP2) project.

Penang has achieved 100% 4G coverage in populated areas as of last April, although efforts are ongoing to address connectivity gaps in several locations, particularly along coverage boundaries, said Zairil Khir Johari.

Sime Darby Property Bhd is strengthening its Negeri Sembilan  industrial footprint with the rollout of XME Business Park 2 in Nilai Impian, supported by continued demand for factory and logistics space.

When Malaysia's most ambitious financial district was mapped out on a 70-acre freehold site along Jalan Tun Razak, the residential towers were supporting cast — amenities for the bankers and lawyers who would fill the Grade A office blocks rising around them. The real story, the planners said, was the offices. The mall. The skyline.

The Penang government today denied claims that Chinese nationals had bought hundreds of homes in the state below the minimum price threshold set under the Malaysia My Second Home (MM2H) programme.

Sentral Real Estate Investment Trust (KL:SENTRAL) sees improving occupancy levels and steady leasing activity for 2026 as its Klang Valley office portfolio navigates a competitive tenant-driven market and mounting cost pressures.

Encorp Bhd (KL:ENCORP) has entered into a memorandum of understanding (MOU) with KBI Properties Sdn Bhd to explore strategic partnership opportunities and potential collaborations in the property development sector, according to a press statement issued on Wednesday.