Construction outfit SC Estate Builder Bhd (KL:SCBUILD) said the termination of a contract worth RM4.3 million to build affordable houses with solar power on the roofs by Merchant Esteem Sdn Bhd (MESB) was due to a decision by MESB's new management, which has acknowledged that ongoing uncertainties in the commercial property market and low demand would impact the construction and sales of shophouses.

MKS Instruments Inc, a global technology solutions provider, is investing US$100 million (RM434.80 million) to build a super centre factory in Penang to support wafer fabrication equipment production, both regionally and globally.

Negotiations over the redevelopment of major transport hub Kuala Lumpur Sentral are expected to be completed this year, paving the way for the project's launch in 2025, said Transport Minister Anthony Loke Siew Fook.

It is hard to imagine that there are pockets of areas around the city centre that still maintain low prices for subsales.

Engineering services provider AWC Bhd (KL:AWC) has bagged a RM9.4 million contract from the Melaka Public Works Department (JKRM) to provide facilities management and maintenance service for the immigration, custom, quarantine and security complex in Sungai Melaka.

CapitaLand Malaysia Trust (KL:CLMT) posted a 6.3% increase in its third quarter net property income (NPI) from last year’s corresponding period, underpinned by better NPI from Gurney Plaza, Queensbay Mall, East Coast Mall and Valdor Logistics Hub.

Pavilion Real Estate Investment Trust (KL:PAVREIT) saw its net property income (NPI) rise 8.65% to RM131.86 million for the third quarter ended Sept 30, 2024 (3QFY2024), from RM121.35 million a year ago, due to lower property operating expenses, primarily driven by the reversal of doubtful debts provision.

The government will not impose restrictions on property investments or limit the number of homes one can purchase, said Housing and Local Government minister Nga Kor Ming.

S P Setia Bhd is all set to unveil its latest phase of the Anggun Villa series – Anggun Villa III – in Puchong, Selangor on Oct 26 (Saturday).

A total of RM15.1 million has been allocated in Budget 2025 for the Housing and Local Government Ministry to bolster smart city development across the country.