News

Kerjaya Prospek Secures RM52.5 Million Data Centre Power Contract Kerjaya Prospek Group Bhd has secured a RM52.5 million subcontract involving power infrastructure for an undisclosed data centre development in the Klang Valley. The fixed lump-sum contract was awarded to its wholly owned subsidiary, Kerjaya Prospek (M) Sdn Bhd, through a letter of award dated July 23, 2026. The works cover civil,...

Skechers Expands Its Presence At Sunway Pyramid Skechers has officially soft-opened its newly relocated Sunway Pyramid Superstore, introducing a significantly larger retail format within one of the Klang Valley’s busiest shopping destinations. Located at LG1.129 in Sunway Pyramid, the new store spans approximately 8,650 sq ft and is positioned as Subang Jaya’s first Skechers World of Sports...

YNH Property Defers RM34.41 Million In Coupon Payments YNH Property Bhd has deferred RM34.41 million in coupon payments under two tranches of its perpetual securities programme as it preserves cash for ongoing developments, including Solasta Dutamas and its township projects in Seri Manjung. The total amount includes current coupon obligations, previously deferred payments and additional coupons...

Magna Prima And OCR Complete Previously Announced Land Deal Magna Prima Bhd and OCR Group Bhd have completed their previously announced land transaction after all conditions under the sale and purchase agreement were fulfilled. The transaction was completed on July 23, 2026, according to separate filings made by both listed companies. Magna Prima’s indirect wholly owned subsidiary, Magna Ecocity...

Wolo Mont Kiara Officially Launches Along Persiaran Dutamas Magma Group Bhd has officially launched Wolo Hotel & Residences, Mont’Kiara KL, its flagship RM850 million mixed-use development along Persiaran Dutamas. The project was unveiled during a gala launch at Dewan Filharmonik PETRONAS on July 31, with Magma also announcing the formal commencement of construction. Developed by Magma Property...

Semenyih Is No Longer Chosen Only For Affordable Homes Semenyih and the wider Beranang corridor are attracting a broader group of homebuyers as Southern Klang Valley develops into a more established residential and employment region. The area was once viewed mainly as a lower-priced alternative for households unable to afford homes closer to Kuala Lumpur, Petaling Jaya or Subang Jaya. Affordability...

CloutHaus KLCC Presented To Singapore Investors TA Global has brought CloutHaus KLCC to Singapore as part of the international sales rollout for its 615-unit luxury serviced apartment tower in Kuala Lumpur City Centre. The investor preview was held on July 25 and 26 at Paradox Singapore, a hotel owned by TA Global and formerly known as Swissotel Merchant Court. Savills and SRI are jointly marketing the...

LSH Capital Plans RM1.91 Billion Subang Jaya–Batu Tiga Project Lim Seong Hai Capital Bhd is proposing to acquire approximately 17.4 acres of freehold land within the Subang Jaya–Batu Tiga corridor for RM197.9 million, with plans to develop a large mixed-use project carrying an estimated gross development value of RM1.91 billion. The acquisition will be undertaken through LSH Capital’s wholly...

118 Mall Prepares For November Opening 118 Mall is moving closer to its planned November opening after more than 200 retail partners gathered for the development’s inaugural Retailers’ Get-Together at Park Hyatt Kuala Lumpur. The upcoming mall will form a major component of the wider Merdeka 118 precinct beside Menara Merdeka Maybank, the landmark tower formerly known as Merdeka 118. More than 300...

Malaysia’s Data Centre Boom Is Changing The Property Market Malaysia’s rapid emergence as a regional data centre hub is reshaping the property market beyond the conventional sale of industrial land. Over the past two to three years, demand from hyperscalers, cloud operators and artificial intelligence infrastructure providers has strengthened interest in selected industrial corridors, especially in...