Amberwood Resort Residences: Smart Living in the Heart of Larkin, Johor Bahru Three of Malaysia’s prominent developers — PIJ Property Development Sdn Bhd, Fiamma Holdings Bhd (KL:FIAMMA), and Chin Hin Group Property Bhd (KL:CHGP) — have officially launched Amberwood Resort Residences, a serviced apartment development designed for modern urban living with a smart-tech twist. The launch event took...

Sime Darby Property’s The Nine, Elmina Green: A Sold-Out Success Sime Darby Property Bhd has once again proven its market appeal by achieving a 100% take-up rate for The Nine, Elmina Green during its official launch on April 19. This remarkable achievement underscores the growing demand for thoughtfully planned communities within the City of Elmina township. Appollo Leong, Sime Darby Property’s Chief...

Understanding the Need for the Real Property Development Act (RPDA) The proposed Real Property Development Act (RPDA) has sparked considerable discussion among consumers and industry stakeholders. Many believe that the act is long overdue, given the challenges buyers face when investing in mixed-use and commercial properties. The key concern is that the current legal framework, specifically the Housing...

Tropicana Corporation Navigates Soft Quarter with RM5.3 Million Profit, Focuses on Sustainable Growth and Debt Reduction Tropicana Corporation Bhd (KL:TROP) announced its unaudited financial results for the first quarter ended March 31, 2025 (1Q2025), revealing a profit before tax (PBT) of RM5.3 million and revenue of RM260.4 million, representing a year-on-year decline of 76.2% in PBT and 10.6% in...

Malaysia’s Top Hospitals Recognized in Newsweek’s Global Ranking Malaysia's healthcare sector has once again proven its excellence, with several public and private hospitals earning prestigious spots on Newsweek's World's Best Hospitals 2025 list. The achievement underscores the country's commitment to high-quality, patient-centered healthcare. Recognizing Healthcare Excellence The World's...

Chin Hin Group Doubles Q1 Profit to RM18.4 Million on Signature International Gains and Property Turnaround Chin Hin Group Bhd (KL:CHINHIN) delivered a strong financial performance in the first quarter ended March 31, 2025 (1QFY2025), as its net profit more than doubled to RM18.39 million from RM9.07 million in the same period last year. The results underscore the diversified group’s growing resilience...

BNM’s SSR Cut: A Prelude to an OPR Reduction? Bank Negara Malaysia (BNM) has recently lowered the statutory reserve requirement (SSR) to 1%, the lowest in 14 years, injecting RM19 billion into the banking system. This move, according to Moody’s Analytics, could pave the way for a potential overnight policy rate (OPR) cut later this year, but two critical conditions must first be...

OSK Property Unveils BAYU @ Mori Park - A Transit-Oriented Development (TOD) OSK Property has recently launched BAYU @ Mori Park, a new transit-oriented development (TOD) situated in Section 13, Shah Alam. Unveiled during an exclusive preview at the Mori Park Sales Gallery on May 10, this mixed-use development spans 3.41 acres and boasts a gross development value (GDV) of RM400 million. Scheduled for...

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,...