Trinity Group Launches Trinity Sensoria with Innovative Five-Tier Protection System Trinity Group, in collaboration with Singapore-based developer Oxley Holdings Ltd, has unveiled its latest residential project, Trinity Sensoria, in Beverly Heights, Ampang North. With a gross development value (GDV) of RM568 million, this 29-storey development introduces the first-of-its-kind Five-Tier Protection System...

Ant International to Establish Digital Business Centre at Exchange 106 Ant International, affiliated with China's Ant Group, is set to expand its presence in Malaysia by establishing a digital business centre at Exchange 106, the iconic skyscraper in Tun Razak Exchange (TRX). The company will occupy 62,000 sq ft across three floors, making it the building’s fifth-largest tenant. A Strategic...

Maxland Bhd Secures Land for Data Centre in Kulim High-Tech Park Maxland Bhd (KL:MAXLAND) is set to establish its footprint in the burgeoning data centre industry with the recent signing of a 60-year land lease agreement in the Kulim High-Tech Park (KHTP), Kedah. This strategic move aligns with Maxland’s focus on capitalising on the region's digital transformation and growing demand for cloud...

High Court Rules Against Developers Delivering Vacant Possession Without Occupancy Rights In a landmark decision, the High Court has ruled that delivering vacant possession of a property without granting purchasers the right to occupy it violates public policy and undermines the purpose of vacant possession. The ruling, delivered by Judge Datuk Ahmad Shahrir Salleh, has far-reaching implications for the...

Kuala Lumpur’s Commercial Property Market: A 2024 Overview Kuala Lumpur (KL), Malaysia’s economic hub, continues to draw businesses and investors despite evolving post-pandemic dynamics. As remote working and online retail reshape demand, the city’s commercial property market has rebounded strongly, showing promising growth in 2024. This article delves into key market insights from the National...

IOI Properties Launches IOI Sustain Roadmap 2030 and Unveils Malaysia's Largest Mall Rooftop Solar PV System IOI Properties Group Bhd (KL) has officially launched its IOI Sustain Roadmap 2030 (ISR 2030), a comprehensive blueprint to advance sustainability across the company’s operations. The launch event, held at IOI City Mall, introduced the roadmap’s 12 strategic pillars, targeting key areas such as...

SkyWorld and PDC Collaborate on Malaysia's Largest Affordable Housing Initiative SkyWorld Development Bhd has joined forces with Penang Development Corp (PDC) and its subsidiary PDC Properties (PDCP) to embark on a groundbreaking affordable housing initiative in Penang. The project, valued at RM13 billion, spans 195.54 acres in Seberang Jaya and Batu Kawan and aims to deliver over 35,000 affordable...

NTT Data Group’s Ambitious Data Centre Campus in Johor Bahru NTT Data Group, a global leader in business and technology services, has announced its latest venture: the acquisition of a 27.72-hectare parcel of land in Gelang Patah, Johor Bahru. This site will house one of the largest data centre campuses in the Asia-Pacific region, underscoring NTT Data’s commitment to expanding its footprint in...

Meta Bright Group Secures RM60 Million Concrete Supply Contract for 88 Avenue in Kota Kinabalu Meta Bright Group Bhd (KL) has been awarded a RM60 million contract to supply ready-mixed concrete for the 88 Avenue mixed-development project in Kota Kinabalu, Sabah. The contract, spanning five years, was secured by Expogaya Sdn Bhd, Meta Bright’s 70%-owned subsidiary, and will involve supplying concrete to...

Silicon Island: Redefining Urban Living in Penang Silicon Island, a groundbreaking development off the coast of Bayan Lepas, is set to transform Penang’s urban landscape. Spanning 931 hectares, this state-owned project embodies the vision of a sustainable, mobility-centric city, where daily needs are accessible within 15 minutes by walking, cycling, or public transport. Central to this vision is the...