MRT3 Construction Expected to Begin in 2027 Following Land Acquisition Process The long-anticipated Mass Rapid Transit 3 (MRT3) project in Klang Valley is projected to begin on-site construction in 2027, according to Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) chief executive officer Datuk Mohd Zarif Hashim. Speaking at a press conference during the Malaysian Construction Industry Excellence Awards...

BlackBerry Launches APAC Cybersecurity Headquarters in Cyberjaya, Boosting Malaysia's Tech Landscape BlackBerry Ltd has officially made Cyberjaya, Selangor the hub for its Asia-Pacific (APAC) cybersecurity operations, reinforcing Malaysia's position as a leading technology and innovation centre. The new regional headquarters, which is already operational, represents a significant step in BlackBerry’s...

Buy with a Loan or Rent? Rising Rental Costs and Mortgage Options for Malaysians in 2024 As rental prices in Malaysia's urban centers continue to rise, Malaysians increasingly face the choice of buying or renting their homes. Programs like the “My First Home Scheme” and recent adjustments to interest rates have made financing more accessible, making homeownership attractive for many. But is buying...

Suling Hill Development Sdn Bhd has officially launched Northern TechValley@BKE, a premier industrial park located along the Butterworth-Kulim Expressway (BKE), with an impressive gross development value (GDV) of RM1.3 billion. The ambitious project is a collaboration between Suling Hill, AME Elite Consortium Bhd, and Majestic Gen Sdn Bhd, and spans 176 acres with a mission to attract domestic and...

Ascott Opens lyf Georgetown Penang, A New Social Hub in the Heart of George Town Ascott Ltd has officially opened its latest hotel, lyf Georgetown Penang, on Farquhar Street in George Town, Penang, on November 11. The new property, designed as a dynamic social hub, offers a range of accommodations from studio to three-bedroom layouts, with built-up sizes ranging from 151 to 603 sq ft. “We are thrilled...

Government Drives Sustainable Growth in Malaysia's Construction Sector with Major Projects and Green Initiatives In a bid to strengthen Malaysia’s construction industry amid rising costs, Prime Minister Datuk Seri Anwar Ibrahim announced new initiatives to bolster the sector, with a focus on sustainability and digital integration. By prioritizing major projects and public-private partnerships, the...

Mah Sing Group Unveils Sales Gallery for RM850 Million M Aspira in Taman Desa, Kuala Lumpur Mah Sing Group Bhd (KL) has officially launched the sales gallery for M Aspira, its latest serviced apartment project in Taman Desa, Kuala Lumpur, with a gross development value (GDV) of RM850 million. The project, unveiled on November 20, promises a vibrant and community-focused lifestyle in one of the city’s...

Langkawi Ranks Among Asia's Top 10 Islands in 2024 Conde Nast Traveler Awards Langkawi, the Jewel of Kedah, has been recognized as one of Asia's Top 10 Best Islands by the Conde Nast Traveler Reader’s Choice Awards 2024, landing the prestigious fourth spot. This accolade highlights Langkawi's rare beauty, featuring pristine beaches, lush rainforests, and enchanting geological formations under its UNESCO...

Prime Commercial Site in Kuala Lumpur’s Golden Triangle Up for Sale, Ideal for Hotel Redevelopment A strategically located freehold commercial site at 290 Jalan Raja Chulan in Kuala Lumpur has hit the market for RM65 million (approximately SG$20 million). With a land area of 20,309 sq ft, the asking price translates to about RM3,201 psf (SG$985 psf). The site, currently utilized as a car park, is being...

The Mutiara Line Light Rail Transit (LRT) project in Penang is set to commence by the end of the year, following final contract negotiations between Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) and SRS Konsortium. The project, a major component of Penang's infrastructure development plan, is expected to connect critical areas of the island, including Silicon Island and Komtar. Penang Infrastructure,...