News

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...

Gamuda Bhd: A Strategic Move into the Data Centre Sector Gamuda Bhd (KL:GAMUDA) has taken a significant step forward in its data centre strategy by securing a deal with Google-linked Pearl Computing Malaysia Sdn Bhd. This development has strengthened analysts' confidence in Gamuda's ability to win upcoming data centre projects, despite global tensions and AI policy shifts in the US. Key...

Malaysia’s Labour Productivity Rises in Q1 2025 Amid Steady Economic Growth and Sectoral Resilience Malaysia’s labour productivity per hour worked increased by 1.0% year-on-year in the first quarter of 2025, reaching RM42.50 per hour, according to the Labour Productivity Statistics for Q1 2025 released by the Department of Statistics Malaysia (DOSM). This modest but positive growth reflects the...

West River Bhd Secures RM13.88 Million Subcontract for High-Rise Project in KL West River Bhd (KL:WESTRVR), which made its debut on the ACE Market recently, has secured a RM13.88 million subcontract from China Railway Engineering Corporation (M) Sdn Bhd. This significant contract marks a strategic milestone for the company as it seeks to expand its presence in the mechanical and electrical engineering...

R Suites Chancery Residences: Redefining Urban Living in Ampang Strategically positioned along the prestigious Jalan Ampang, R Suites Chancery Residences is a new freehold serviced apartment development that epitomizes urban sophistication and smart investment. Developed by Radium Development Berhad, the 51-storey project spans 2.18 acres and offers a total of 944 serviced apartment units with sizes...

MaiStorage Technology Targets Bursa Malaysia IPO by 2028, Focuses on IC Design, AI, and Talent Growth MaiStorage Technology Sdn Bhd, a newly launched integrated circuit (IC) design and storage technology provider, is setting its sights on a Bursa Malaysia listing by 2028. The announcement was made by founder and CEO Datuk Pua Khein Seng during the company’s official launch event, which was officiated by...