Malaysia’s Housing Loan Growth Slows to 6.9% in 2024, But Remains Sound and Owner-Driven Malaysia’s housing loan market remained stable in 2024, despite a slight year-on-year (y-o-y) slowdown in growth to 6.9%, compared to 7.3% recorded in 2023. According to Bank Negara Malaysia’s (BNM) Financial Stability Review — Second Half 2024, the primary drivers behind this sustained growth were...
SouthPlace Residences @ Tropicana Metropark: Keys Handed Over for 100% Sold Project with Outstanding QLASSIC Score Tropicana Corp Bhd recently marked a significant milestone with the successful delivery of vacant possession to homeowners of SouthPlace Residences at Tropicana Metropark, Subang Jaya. The highly anticipated serviced residence is 100% sold and has achieved an impressive Quality Assessment...
Hotayi Launches RM500 Million Smart Factory in Batu Kawan, Creating 1,000 High-Skilled Jobs Batu Kawan, Penang – In a significant boost to Malaysia’s high-tech manufacturing sector, Taiwanese electronics manufacturing services provider Hotayi Electronic (M) Sdn Bhd has launched Phase 3 of its expansion with a RM500 million investment in a new smart manufacturing facility. Spanning 380,000 sq ft, the...
Nestlé Malaysia Launches RM250 Million Regional Logistics Hub in Port Klang In a significant move aimed at enhancing its supply chain capabilities and export efficiency, Nestlé (Malaysia) Bhd (KL:NESTLE) has officially broken ground on a RM250 million integrated logistics hub in Port Klang. The facility is expected to be fully operational by Q1 2026, serving as a regional hub for Nestlé’s export and...
Malaysia’s Inflation Slows to 1.5% in February 2025 as Food and Housing Costs Stabilise Malaysia’s headline inflation cooled to 1.5% year-on-year in February 2025, offering a sign of relief for consumers and businesses navigating cost-of-living pressures. The data, released by the Department of Statistics Malaysia (DOSM), shows that inflation has slowed from 1.7% in January, in line with Bloomberg’s...
IOI Properties Unveils Bangi Fresco — A New Lifestyle & Retail Hub in Bandar Puteri Bangi IOI Properties Group Bhd (KL:IOIPG) has officially launched Bangi Fresco, its latest lifestyle commercial development within the flourishing Bandar Puteri Bangi township in Selangor. Spanning 12.3 acres, this vibrant new precinct is designed to be a one-stop destination for retail, dining, fitness, and...
Lim Seong Hai Capital Bhd Makes ACE Market Debut with RM168 Million Fundraise Lim Seong Hai Capital Bhd (KL:LSH) has officially begun trading on the ACE Market of Bursa Malaysia, marking a pivotal milestone in the company’s growth journey. Transitioning from the LEAP Market, LSH successfully raised RM168.08 million through a combination of public and private share offerings. Despite a 17% dip on its...
Earthquake-Resistant Buildings in Malaysia: A Growing Priority for Urban Safety Malaysia’s evolving landscape of urban development brings with it the increasing need for earthquake-resistant buildings, especially in cities like Kuala Lumpur that are witnessing rapid growth. While the country is not directly located on the Pacific Ring of Fire, its proximity to seismic zones such as Sumatra and the...
NCT Alliance Expands into Sabah with RM3.4 Billion Ion Marina Bay Mixed Development NCT Alliance Bhd is making a bold move to strengthen its presence in East Malaysia with the acquisition of a 51% equity stake in Sabah-based property developer Setara Juara Sdn Bhd for RM22 million. This strategic partnership paves the way for the development of Ion Marina Bay, a high-impact, mixed-use township in Putatan,...
EcoWorld Secures RM119 Million Deal with Deye for Solar Manufacturing Hub in Iskandar Malaysia Eco World Development Group Bhd (EcoWorld) has entered into a significant transaction with Deye New Energy Technology (Malaysia) Sdn Bhd, selling 32.9 acres of industrial land at Eco Business Park II (EBP II) in Senai, Iskandar Malaysia for RM119 million. This deal reinforces Johor’s growing reputation as a...
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