News

Malaysia’s Industrial Sector Poised for Growth with AI-Powered Industrial Parks & Government Initiatives Malaysia’s industrial sector is set to sustain its strong growth in 2025, driven by government incentives, infrastructure advancements, and the integration of AI-powered industrial parks, according to Knight Frank Malaysia. With geopolitical tensions and trade uncertainties reshaping global...

Melaka’s Free Entry Initiative: How It Benefits Tourism and the Property Market In a move to boost tourism and enhance the city's appeal, Melaka is offering free entry to 11 key tourist attractions on February 20, 2025, in celebration of the Proclamation of Independence. This initiative, announced by Melaka Chief Minister Datuk Seri Ab Rauf Yusoh, is expected to drive significant foot traffic to the...

AI Disrupts Singapore’s Property Market: Will Human Agents Become Obsolete? Singapore’s real estate industry is on the brink of transformation as Mogul.sg unveils Maia (Mogul’s Artificial Intelligence Agent), the country’s first AI-powered property agent. This cutting-edge technology is designed to automate the home-buying process, from property searches to scheduling viewings—all at a fraction...

LBS Bina Group Berhad has started 2025 with a major milestone—the launch of Centrum Iris, the second precinct of Cameron Centrum and the largest mixed-use development in Cameron Highlands, Pahang. With a Gross Development Value (GDV) of RM472 million, this new development is set to redefine highland living, blending modern convenience with the timeless charm of English-inspired...

EcoWorld Unveils TUAH 1895: A New Icon in Bukit Bintang Eco World Development Group Bhd (EcoWorld) has officially launched TUAH 1895, a 45,000 sq ft lifestyle and dining hub at Bukit Bintang City Centre (BBCC), marking a new milestone in Kuala Lumpur’s evolving urban landscape. Located along Jalan Hang Tuah, adjacent to LaLaport Mall, TUAH 1895 is designed to be a culinary and social hotspot, offering...

Scientex Nears 50,000 Affordable Homes Goal by 2027 Scientex Bhd is making significant strides towards its ambitious goal of delivering 50,000 affordable homes by 2027. With 36,000 units completed, the company is on track to deliver 8,000 more homes in 2025, reinforcing its position as a leading affordable housing developer in Malaysia. “We've delivered close to 36,000 affordable housing units and...

INFINITY8 to Launch Flagship Co-Working Space at TRX in 2025 INFINITY8, a leading homegrown co-working space provider, is set to launch its flagship location at Tun Razak Exchange (TRX) in Q2 2025. The new space will be the highlight of INFINITY8’s premium Reserve series, offering cutting-edge design and world-class amenities, tailored for multinational corporations (MNCs) and high-growth...

MRCB Secures RM6.25 Billion Ipoh Sentral Project, Analysts Expect Long-Term Growth Malaysian Resources Corporation Bhd (KL:MRCB) has won the development rights for the RM6.25 billion Ipoh Sentral project, a major transit-oriented development (TOD) that will be executed in multiple phases over 20 years. The project will increase MRCB’s total remaining gross development value (GDV) by 19% to RM38.6...

Chin Hin Group to Boost Ownership in Ajiya Bhd to 66.36% with RM54.2 Million Deal Chin Hin Group Bhd (KL:CHINHIN) has announced plans to acquire an additional 12.27% stake (37.38 million shares) in Ajiya Bhd (KL:AJIYA) for RM54.2 million, increasing its total ownership to 66.36% from 54.09%. The purchase price of RM1.45 per share represents a 9.9% discount from Ajiya’s last traded price of RM1.61 on...

Citaglobal Bhd Acquires Prime Jalan Tun Razak Land for RM73 Million Citaglobal Bhd (KL:CITAGLB) has entered into an agreement to acquire a 1.58-acre commercial land along Jalan Tun Razak from Bank Islam Malaysia Bhd (KL:BIMB) for RM73 million, reinforcing its strategic expansion within Kuala Lumpur’s prime commercial district. The acquisition is seen as a long-term value creation move, capitalizing on...