News

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...

Sabah’s RM58 Billion Investment Boom: Key Opportunities for Property and Business Growth Sabah is fast becoming a major magnet for both foreign and domestic investors, with a remarkable RM58.319 billion in total investments secured or in progress since 2020. This surge positions the state as a rising economic hub in East Malaysia — and the implications for property investors, industrial developers,...

Paramount Corporation to Unlock RM750 Million from Non-Core Assets, Strengthening Its Focus on Property In a strategic move to enhance shareholder returns and sharpen its property development focus, Paramount Corporation Berhad (KL:PARAMON) is accelerating efforts to monetise RM750 million worth of non-core assets, including long-held education campuses, a hotel, and an office building. According to...

Why Malaysia is One of the World’s Best Places to Retire in 2025 Malaysia has earned global recognition as one of the top 10 countries to retire in 2025, placing 7th in International Living’s Annual Global Retirement Index. This prestigious list evaluates countries across key lifestyle factors and reaffirms Malaysia’s status as a welcoming haven for retirees from around the world. According to the...

Penang Extends Quit Rent and Parcel Rent Penalty Exemption Until May 31, 2025 Land and parcel owners in Penang can now breathe a sigh of relief as the state government has announced an extension of the 100% exemption on quit rent and parcel rent penalty arrears until May 31, 2025. This move aims to encourage property owners to settle their dues promptly and ease the financial burden for many in the...