News

Penang LRT Extension to Seberang Perai Strengthens Balanced Growth and Connectivity Across Malaysia Malaysia’s vision for equitable, inclusive, and sustainable development has taken another decisive step forward. Prime Minister Datuk Seri Anwar Ibrahim has announced that the Penang Light Rail Transit (LRT) project will be extended across the sea to Seberang Perai, ensuring that both the island and...

Mah Sing Expands in Penang with RM528 Million Mixed Development Near Upcoming LRT Line Property developer Mah Sing Group Bhd (KL:MAHSING) is deepening its footprint in Penang with a strategic acquisition that underscores confidence in the state’s growing urban and transit ecosystem. Through its wholly owned subsidiary Enchanting View Development Sdn Bhd, Mah Sing is purchasing 2.83 acres of prime...

Eco Business Park 7 Launches as Flagship Industrial Hub for Malaysia Vision Valley 2.0 Malaysia’s industrial and logistics sector is poised for its next phase of transformation with the official launch of Eco Business Park 7 (EBP 7) — a landmark development under the Malaysia Vision Valley 2.0 (MVV 2.0) masterplan. Developed through a public–private partnership between Eco World Development Group...

NPE 2 Extension Set to Transform Kuala Lumpur’s Mobility and Property Landscape Kuala Lumpur’s infrastructure network is set for a major upgrade with the launch of the RM1.7 billion New Pantai Expressway Extension (NPE 2) — a transformative project that will significantly enhance connectivity across the Pantai Dalam–Bangsar–Mahameru corridor while driving new waves of urban growth and property...

LBS Bina Divests Johor Land for RM110 Million — Strengthening Focus on High-Growth KL Property Market In a strategic realignment of its property portfolio, LBS Bina Group Bhd has announced that its indirect wholly owned subsidiary, Sinaran Restu Sdn Bhd (SRSB), will dispose of two prime parcels of land in Johor Bahru city centre for RM110 million cash. The transaction, finalised under a sale and...

Basis Bay Unveils World’s First Eco-Green Premium Data Centre in Cyberjaya — A Milestone for Malaysia’s Digital and Sustainable Future Malaysia has reached another defining moment in its journey toward becoming a regional digital powerhouse. Basis Bay, in collaboration with ST Telemedia Global Data Centres (STT GDC), has officially launched the world’s first purpose-built Eco-Green Premium Data...

Malaysia Studies Redevelopment of Abandoned Buildings into Affordable Homes — A Fresh Boost for Urban Revitalisation and KL Property Growth Malaysia’s housing landscape is set for a major shift as the Ministry of Housing and Local Government (KPKT) explores the possibility of redeveloping abandoned commercial buildings into affordable homes. The initiative marks a bold move toward sustainable urban...

MADANI Housing Reforms Set to Transform Malaysia’s Property Ecosystem by 2026 Malaysia’s housing landscape is entering a new era of transparency, accountability and digital integration. Beginning 1 January 2026, the government will roll out Five MADANI Housing Reforms, a nationwide effort aimed at modernising the real estate ecosystem, strengthening buyer protection and elevating Malaysia into a...

Chin Hin and PTT Synergy Forge Alliance to Develop Smart Industrial Parks and Warehousing Infrastructure Malaysia’s industrial property and logistics sector is gearing up for a transformative leap. Chin Hin Group Bhd (KL:CHINHIN), one of the country’s fastest-growing builders and property developers, has announced a strategic joint venture with PTT Synergy Group Bhd (KL:PTT) to develop smart...

Malton Berhad (Malton) won the FIABCI Malaysia Property Award 2025 for its outstanding Commercial Master Plan. This follows a series of honours, including the World Gold Award (Retail) from the FIABCI World Prix d'Excellence Awards for Pavilion Bukit Jalil, along with multiple accolades at the PropertyGuru Asia Property Awards and The Skyline Award (Luxury) at StarProperty. These international and national...