Propel Global Bhd has officially entered the property development sector with the groundbreaking of Riverpoint, a RM64 million commercial project in Kuantan that reflects growing confidence in the East Coast’s long-term business prospects. Developed by its wholly owned subsidiary Propel Global Development Sdn Bhd, Riverpoint will comprise just 31 three-storey freehold shoplots on a prominent...
JRK Group Introduces JRK Areca @ Seri Kembangan JRK Group has introduced JRK Areca @ Seri Kembangan, a modern mixed-use residential development designed for practical urban living in one of Selangor’s established growth corridors. Located in Seri Kembangan, the project has a gross development value of RM180 million and will comprise 376 residential units together with 16 retail lots. The development...
Binastra Cochrane is worth shortlisting if your priority is a freehold city property beside MyTOWN Shopping Centre and IKEA Cheras, with convenient access to Cochrane MRT and practical unit sizes. Its strongest advantage is the location. The project sits within an established urban catchment supported by shopping centres, public transport, healthcare, schools and direct MRT access towards TRX and Bukit...
Malaysia’s domestic tourism sector is becoming an increasingly important part of the country’s local economy. According to the latest Domestic Tourism Survey Malaysia 2025 by the Department of Statistics Malaysia, domestic visitor expenditure rose 13.6% year-on-year to RM121.3 billion, compared with RM106.7 billion in 2024. Visitor numbers also increased, reaching 290.1 million in 2025 from 260.1...
S P Setia’s groundbreaking of Setia Fontaines Industrial Park in Bertam is not simply another industrial land launch in Penang. The 509-acre project sits within the larger 1,691-acre freehold Setia Fontaines township in Kepala Batas, giving it a broader role than a standalone business park. It brings together industrial land, commercial lots, green energy access, affordable housing and township...
Kuala Lumpur’s historic core is beginning to feel alive again. For years, many of the city’s oldest streets were treated as places to pass through rather than places to spend time. They had heritage value, but not always daily relevance. Visitors came for photographs, tourists moved between landmarks, and many locals associated the area more with congestion, ageing buildings and occasional errands...
CHGP Moves For A Major Jalan Sultan Ismail Land Deal Chin Hin Group Property Bhd is proposing to acquire a sizeable freehold parcel along Jalan Sultan Ismail for a landmark mixed-use development in Kuala Lumpur’s Golden Triangle, in a RM455 million transaction that could become one of the group’s most important city-centre projects. The proposed acquisition will be undertaken through CHGP’s...
BNM OPR Decision Comes At A More Complicated Moment For Malaysia Bank Negara Malaysia is widely expected to keep the overnight policy rate unchanged at 2.75% in its upcoming monetary policy decision, but the more important question is no longer simply whether rates stay the same. The market is watching whether BNM will signal that a rate hike could return later this year, especially as Malaysia’s...
The opening of LRT3 is not only a transport milestone for Selangor. It is a human mobility milestone. For Klang, the significance is especially strong. The town has long been known as a royal town, a port town, a food destination, a logistics centre and a working-class economic base. Its identity has been shaped by highways, factories, warehouses and the movement of goods. LRT3 adds something...
Econpile Holdings Bhd has secured a RM48.8 million piling and foundation contract for a proposed 74-storey serviced apartment development at Jalan Pavilion in Kuala Lumpur. The contract was awarded to its wholly owned subsidiary, Econpile (M) Sdn Bhd, by Vestland Infra Sdn Bhd, a subsidiary of listed construction group Vestland Bhd. The proposed development will comprise a single high-rise block with...
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