Govt has incentives to encourage build-then-sell model to reduce risk of abandoned projects
The government has introduced several incentives at federal and state levels to encourage more developers to adopt the build-then-sell (BTS) concept.
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NPC 2025: Malaysia moving towards data-driven cities, but data collection still weak
Malaysia’s momentum towards smarter, data-driven cities is growing, but data collection and management remain inefficient.
Allocation distribution for 2026 to local authorities based on ‘traffic light’ system performance, says Nga
The distribution of allocations to all local authorities (PBT) under the Ministry of Housing and Local Government (KPKT) next year will be based on performance evaluation, said its Minister Nga Kor Ming.
Meridian granted third extension to submit PN17 regularisation plan
Practice Note 17 (PN17) company Meridian Bhd (KL:MERIDIAN) said it has obtained a further extension of time from Bursa Malaysia Securities to submit its regularisation plan.
JLand Group, CGS MY to drive cross-border investment for Johor-Singapore SEZ
JLand Group (JLG) and CGS International Securities Malaysia Sdn Bhd (CGS MY) have signed a three-year memorandum of understanding (MOU) to explore a strategic collaboration aimed at strengthening cross-border investment into the Johor-Singapore Special Economic Zone (JS-SEZ).
Zaliha helms task force safeguarding Malay interests in Kampung Baru, Kampung Sungai Baru
Minister in the Prime Minister's Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa has been entrusted to lead a special task force to safeguard the interests of the Malay community in Kampung Baru and Kampung Sungai Baru.
PNB, EPF say no plan to exit Battersea project amid sale murmurs
Permodalan Nasional Bhd (PNB) and the Employees Provident Fund (EPF) said there are no immediate plans to exit the Battersea Power Station project in London. This comes amid talk of the funds looking to sell the commercial asset within the development they acquired in 2019.
KIP REIT’s 1Q net profit surges 51%, eyes more acquisition
KIP Real Estate Investment Trust’s (KL:KIPREIT) net property income (NPI) surged 51% year-on-year for the first quarter ended Sept 30 (1QFY2026), driven by its newly acquired assets.
USJ Sentral, Selangor shop sold for RM2.7m| DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 10,080 sq ft
- Land size: 1,680 sq ft
- 12 bathrooms
- Unfurnished
- Nearby amenities: Da Men Mall, Summit USJ, Main Place Mall, Mydin USJ, Giant Hypermarket, Jaya Grocer, SEGi College Subang Jaya, Sunway University, Monash University Malaysia
- Accessibility: Persiaran Kewajipan, KESAS Highway, LDP Highway, Federal Highway, NPE Highway, USJ 7 LRT Station, Taipan LRT Station
When: July 2025
IJM lands another data centre contract at Elmina Business Park, this time worth RM874m
IJM Corp Bhd (KL:IJM) has bagged a RM873.9 million contract for the mechanical and electrical (M&E) fit-out works of a hyperscale data centre at the Elmina Business Park, Selangor.
