High-density residential plans are being approved without proper research on demand, leading to further pressure on oversupply, says an expert. 

Sime Darby Property Bhd today launched the country’s first residential rooftop solar initiative under the National Energy Transition Roadmap (NETR).

Eco World Development Group Bhd, in collaboration with Xiaohongshu, today launched the “吉隆坡薯你会玩” Cuti-Cuti Kuala Lumpur Red Dot Event—a month-long cultural and lifestyle celebration at Bukit Bintang City Centre (BBCC).

Warisan Tradisi Sdn Bhd has named CoBnB Sdn Bhd as the primary short-term rental and co-living operator for its latest serviced apartment project, The Skies Kuala Lumpur (The Skies), through a Memorandum of Understanding signed on Sept 19.

AYER Holdings Bhd (KL:AYER) has recorded a full take-up for all 54 units at Bukit Puchong Boulevard within 11 months of launch and is moving ahead with the second phase of the commercial precinct, it said in a press release on Sept 23.

Paramount Corporation Bhd (KL:PARAMON) plans to launch its ninth Co-labs Coworking location at Mid Valley Southkey in Johor this November—its first expansion outside the Klang Valley.

Noteworthy:

• Built-up size: 13,663 sq ft
• Unfurnished
• Nearby amenities: Elmina Lakeside Mall, Temu Business Centre (shops & eateries), Elmina Urban Park, Klinik Perubatan Balqis, My Health Clinic Elmina (MHC Elmina)
• Accessibility: Guthrie Corridor Expressway, NSE, LATAR Expressway, NKVE, DASH Expressway, MRT Sungai Buloh station

When: June 2025

Practice Note 17 (PN17) property developer Meridian Bhd (KL:MERIDIAN) said it is unable to submit to Bursa Securities and shareholders its annual report, which includes the audited financial statements along with the auditors’ and directors’ reports, for the financial period ended May 31, 2025 (FPE2025), by the Sept 30 deadline.

Trading in Ireka Corp Bhd (KL:IREKA) will be suspended from Oct 3, after the construction firm’s appeal for more time to submit its regularisation plan was dismissed by Bursa Securities.

Construction firm Gagasan Nadi Cergas Bhd (KL:NADIBHD) said it has received government approval to acquire only a majority stake, and not a 100% stake, in Konsortium PAE Sepakat Sdn Bhd (KPSSB), which owns a facility management concession for student hostel facilities in seven polytechnic campuses.