Kerjaya Prospek Secures RM75.46 Million in Adjudication Against Yong Tai Kerjaya Prospek Group Bhd (KL:KERJAYA) has successfully secured a RM75.46 million adjudication award against Yong Tai Bhd (KL:YONGTAI) over an unpaid construction contract related to the 'The Apple' mixed development project in Melaka. This marks a significant win for Kerjaya Prospek as the construction giant continues to enforce its...

Kuala Lumpur Real Estate Market: Resilience and Growth in 2025 Kuala Lumpur’s real estate market is showcasing notable resilience and growth in the first quarter of 2025 (1Q2025), according to the latest market dynamics report by JLL Malaysia. The report highlights a positive trend across various segments, including industrial, office, residential, and retail, driven by institutional investment,...

Sarawak's RM1.2 Billion Administrative Building Projects: A Boost to Public Service Efficiency The Sarawak government has embarked on a significant initiative to modernize public service infrastructure with the approval of 46 new administrative building projects under the 12th Malaysia Plan (MP12). These projects are part of a long-term strategy to enhance the efficiency and quality of government service...

Mercato Opens at Tropicana Metropark, Anchoring SouthPlace Shoppes as a Lifestyle Hub in Subang Jaya Tropicana Metropark continues to evolve into one of Subang Jaya’s most vibrant integrated townships with the official opening of Mercato as the anchor tenant at SouthPlace Shoppes. Covering 21,069 sq ft on Level LG, this marks the 12th Mercato outlet in Malaysia and signifies a major step forward in...

Quayside JBCC: Johor’s Luxury Landmark Achieves 100% Take-Up Rate Bangsar Heights Pavilion Sdn Bhd (BHP) has achieved a remarkable milestone as its flagship development, Quayside JBCC, secures a 100% take-up rate. This luxury freehold project, located within the Ibrahim International Business District (IIBD), represents a significant breakthrough for the developer, demonstrating strong market confidence...

Sunway d’hill Residences Tops Off Twin Towers, Secures Mercato as Retail Anchor in Kota Damansara Sunway PKNS Sdn Bhd has marked a major construction milestone with the topping-off ceremony of both 45-storey towers at Sunway d’hill Residences in Section 10, Kota Damansara. This milestone affirms the project’s steady progress, with 85% completion recorded as of April 2025, and positions the RM640...

ECRL Extension to Sungai Golok: Boosting Malaysia-Thailand Rail Connectivity The East Coast Rail Link (ECRL) project is gaining traction as Thailand's ambassador to Malaysia, Lada Phumas, advocates for extending the rail link from Kota Baru to Sungai Golok. This proposal aims to strengthen regional connectivity between Malaysia and Thailand, facilitating better trade and logistics between the two...

KLCC Holdings' Vision: Transforming Bandar Malaysia into Malaysia's Next Icon Kuala Lumpur City Centre (KLCC) and Putrajaya are synonymous with modern Malaysian identity. Now, KLCC Holdings (KLCCH) is set to add a third iconic destination to this list: Bandar Malaysia. Positioned as a future global business hub, Bandar Malaysia is envisioned to complement the grandeur of KLCC and the administrative...

Axis REIT Proposes RM3 Billion Sukuk Programme to Fund Growth and Sustainability Goals Axis Real Estate Investment Trust (KL:AXREIT) has unveiled plans to establish a sukuk programme worth up to RM3 billion in nominal value. The multi-purpose funding initiative is aimed at supporting the REIT’s long-term capital needs, with the flexibility to issue sustainability and sustainability-linked sukuk as part...

Hong Kong Property Market Bounces Back as Mortgage Rates Drop Hong Kong’s real estate market is witnessing a remarkable resurgence as mortgage rates drop to their lowest levels in more than two years. Sun Hung Kai Properties Ltd, the city’s largest property developer, made headlines by selling out the first batch of homes at its new project within hours, thanks to this favorable financial...