# AllProperty2u


## Posts

- [Industrial sector outlook remains stable amid evolving global dynamics, says Rehda past president](https://allproperty2u.com/industrial-sector-outlook-remains-stable-amid-evolving-global-dynamics-says-rehda-past-president/): Industrial sector outlook remains stable amid evolving global dynamics, says Rehda past president November 27, 2025 | Updated 1 week ago Rehda’s trustee, past president and patron national council member Datuk Seri Michael KC Yam during his welcoming address “People now see that Malaysia is an attractive destination,” he said, noting that companies have already diversified their risks, and will continue to value locations that offer stability, should similar disruptions recur. PETALING JAYA (Nov 27): The outlook for Malaysia’s industrial sector next year remains stable, supported by a steady pipeline of enquiries, though a slower momentum is expected compared to […]
- [Exsim Development, Maba jointly break ground for 60-storey redevelopment project in KL](https://allproperty2u.com/exsim-development-maba-jointly-break-ground-for-60-storey-redevelopment-project-in-kl/): Exsim Development, Maba jointly break ground for 60-storey redevelopment project in KL December 01, 2025 | Updated 4 days ago The former 12-storey Wisma Maba will be redeveloped by Exsim Development and Maba into a 60-storey serviced apartment project. (Photo courtesy of Matrix Concepts) With a gross development value of RM800 million, the project will offer about 1,300 units consisting of serviced apartments with built-ups from 484 to 657 sq ft, as well as office suites with built-ups from 323 sq ft. The selling prices are approximately RM1,800 psf to RM2,200 psf. KUALA LUMPUR (Nov 30): Exsim Development Sdn Bhd and […]
- [Govt rejects en-bloc model, urban renewal to rely on owners' consent—PLANMalaysia](https://allproperty2u.com/govt-rejects-en-bloc-model-urban-renewal-to-rely-on-owners-consent-planmalaysia/): Govt rejects en-bloc model, urban renewal to rely on owners’ consent—PLANMalaysia Bernama December 01, 2025 | Updated 4 days ago PLANMalaysia deputy director general (development) Saidin Lateh said the en-bloc approach practised in Singapore, Hong Kong and parts of Australia allows owners to collectively sell their properties and relocate. However, this contradicts the Urban Renewal Bill, which guarantees owners the right to return to replacement units at no cost PUTRAJAYA (Nov 28): The government has decided not to adopt the en-bloc sale model in any urban renewal project to avoid forced relocation and gentrification, said PLANMalaysia deputy director general (development) Saidin Lateh. […]
- [Trans-Borneo Railway: Study and planning underway, says Sarawak transport minister](https://allproperty2u.com/trans-borneo-railway-study-and-planning-underway-says-sarawak-transport-minister/): Trans-Borneo Railway: Study and planning underway, says Sarawak transport minister Bernama December 02, 2025 | Updated 3 days ago Sarawak Transport Minister Datuk Seri Lee Kim Shin said the first interim report was presented on Oct 30 this year, and the feasibility study is expected to be completed by June 2026. KUCHING (Dec 2): The Trans-Borneo Railway project is progressing steadily as its feasibility study continues under the coordination of the Ministry of Transport (MOT) Malaysia, with the Sarawak Ministry of Transport actively contributing to the process. Sarawak Transport Minister Datuk Seri Lee Kim Shin (pictured) said the first interim report was presented on […]
- [Deputy housing minister says 1,333 abandoned projects with GDV totalling RM126b revived as of Oct 31](https://allproperty2u.com/deputy-housing-minister-says-1333-abandoned-projects-with-gdv-totalling-rm126b-revived-as-of-oct-31/): Deputy housing minister says 1,333 abandoned projects with GDV totalling RM126b revived as of Oct 31 Bernama December 02, 2025 | Updated 3 days ago (Photo taken from Facebook of KPKT Malaysia) Deputy Minister Datuk Aiman Athirah Sabu: To ensure developers take this issue seriously, the ministry has taken stern action, including prosecution, compounds and blacklisting developers who fail to comply with regulations under Act 118. KUALA LUMPUR (Dec 2): A total of 1,333 delayed, sick and abandoned private housing projects, involving 159,638 residential units with a gross development value of RM126.47 billion, have been revived by the Ministry of Housing and […]
- [‘Duta enclave’ land dispute: Govt valuer says she relied on DBKL info on zoning, not ‘hope value’ of land](https://allproperty2u.com/duta-enclave-land-dispute-govt-valuer-says-she-relied-on-dbkl-info-on-zoning-not-hope-value-of-land/): ‘Duta enclave’ land dispute: Govt valuer says she relied on DBKL info on zoning, not ‘hope value’ of land Taking the stand as part of court proceedings on assessing “mesne profits” that is to be paid out to Semantan Estate Sdn Bhd, Nurzahirah Umar said that zoning was one of nine factors she considered when determining the market value of the 263.27 acres of land. KUALA LUMPUR (July 10): A government valuation property expert said that she relied on planning or zoning information gazetted by the Kuala Lumpur City Hall (DBKL), while the private valuer for the plaintiff of the “Duta enclave” land […]
- [BNM governor says OPR cut pre-emptively to preserve steady growth path](https://allproperty2u.com/bnm-governor-says-opr-cut-pre-emptively-to-preserve-steady-growth-path/): BNM governor says OPR cut pre-emptively to preserve steady growth path Bernama July 11, 2025 | Updated 13 hours ago Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour: The MPC is not on any pre-set course. Future policy decisions will continue to be guided by the evolving outlook for domestic growth and inflation. KUALA LUMPUR (July 9): Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour (pictured) on the overnight policy rate (OPR). Q1. Governor, can you guide us through the Monetary Policy Committee’s (MPC) decision on the OPR today […]
- [Avaland buys 3.2-acre KL land from Tan Chong for RM148m](https://allproperty2u.com/avaland-buys-3-2-acre-kl-land-from-tan-chong-for-rm148m/): Avaland buys 3.2-acre KL land from Tan Chong for RM148m This marks the second land acquisition involving Avaland and Tan Chong Group this month. KUALA LUMPUR (July 10): Avaland Bhd (KL:AVALAND) has signed a deal to acquire a 3.194-acre parcel of land on Jalan Putra here from a unit of Tan Chong Motor Holdings Bhd (KL:TCHONG) for RM148.8 million, which it plans to develop into a mixed-use commercial project. This marks the second land acquisition involving Avaland and Tan Chong Group this month. The land, located 100 metres from the PWTC LRT station and 550 metres from the Chow Kit Monorail station, […]
- [NexG acquires Petaling Jaya property for RM28.5 mil to boost production capacity](https://allproperty2u.com/nexg-acquires-petaling-jaya-property-for-rm28-5-mil-to-boost-production-capacity/): NexG acquires Petaling Jaya property for RM28.5 mil to boost production capacity The property includes a two-storey factory, a three-storey office block, a two-storey warehouse, and a guardhouse, situated on approximately 6,182 sq m of land. KUALA LUMPUR (July 10): NexG Bhd (KL:NEXG), formerly known as Datasonic Group Bhd, is buying an industrial property in Petaling Jaya for RM28.5 million to boost production and efficiency for current and future projects. The move aims to bring research, design, and production under one roof, improving cost efficiency, quality control, and output. In a bourse filing on Thursday, NexG said its wholly owned subsidiary, Datasonic […]
- [Ho Hup unit gets winding-up petition from IRB over RM24 mil tax arrears](https://allproperty2u.com/ho-hup-unit-gets-winding-up-petition-from-irb-over-rm24-mil-tax-arrears/): Ho Hup unit gets winding-up petition from IRB over RM24 mil tax arrears Ho Hup slipped into Practice Note 17 (PN17) status in April after BJD defaulted on RM112.69 million in loan facilities, for which Ho Hup is the guarantor. KUALA LUMPUR (July 10): Ho Hup Construction Company Bhd (KL:HOHUP) has been served with a winding-up petition by the Inland Revenue Board (IRB) over tax arrears amounting to RM23.72 million. The petition was issued to its wholly owned subsidiary Bukit Jalil Development Sdn Bhd (BJD), Ho Hup said in a filing with Bursa Malaysia. It said BJD was unable to […]
- [Economists split on further OPR cuts in 2025 as BNM turns dovish](https://allproperty2u.com/economists-split-on-further-opr-cuts-in-2025-as-bnm-turns-dovish/): Economists split on further OPR cuts in 2025 as BNM turns dovish Australia and New Zealand Banking Group (ANZ Research) in a note said BNM has historically only made back-to-back cuts during major shocks such as the Covid-19 pandemic or the Global Financial Crisis. KUALA LUMPUR (July 10): Economists were divided on whether Bank Negara Malaysia’s (BNM) first rate cut since July 2020 marks the start of a rate cut cycle, with most expecting no further cuts this year despite an expected slowdown in growth. BNM lowered the overnight policy rate by 25 basis points to 2.75% on Wednesday. Australia […]
- [Econpile secures RM27 mil piling contract for apartment project](https://allproperty2u.com/econpile-secures-rm27-mil-piling-contract-for-apartment-project/): Econpile secures RM27 mil piling contract for apartment project The job, awarded by Bayu Melati Sdn Bhd to Econpile’s wholly owned subsidiary Econpile (M) Sdn Bhd, is scheduled for completion within 12 months starting July 14. KUALA LUMPUR (July 9): Econpile Holdings Bhd (KL:ECONPILE) has secured a RM27 million contract for piling and pile cap works at a serviced apartment project in Kelana Jaya, Petaling Jaya. The job, awarded by Bayu Melati Sdn Bhd to Econpile’s wholly owned subsidiary Econpile (M) Sdn Bhd, is scheduled for completion within 12 months starting July 14. In a bourse filing, Econpile said the project is […]
- [Expert panel must drive public service improvements, says Nga](https://allproperty2u.com/expert-panel-must-drive-public-service-improvements-says-nga/): Expert panel must drive public service improvements, says Nga Bernama July 10, 2025 | Updated 5 hours ago Housing and Local Government Minister Nga Kor Ming stressed the need for continued efforts to position Malaysia among the world’s top 12 most competitive economies by 2033, in line with the Madani Economic Framework. PUTRAJAYA (July 9): The Panel of Experts (POE) must play an active role in strengthening national policies and enhancing the public service, Housing and Local Government Minister Nga Kor Ming (pictured) said. In a statement on Wednesday, Nga said the panel is instrumental in generating innovative ideas to support ongoing […]
- [Ecobuilt unit served with winding-up petition over unpaid debt](https://allproperty2u.com/ecobuilt-unit-served-with-winding-up-petition-over-unpaid-debt/): Ecobuilt unit served with winding-up petition over unpaid debt The hearing of the petition has been fixed for Sept 8, 2025. Ecobuilt said it will seek legal advice on the legitimacy and enforceability of the petition and will announce any material development. KUALA LUMPUR (July 9): Ecobuilt Holdings Bhd (KL:ECOHLDS) said on Wednesday that a major subsidiary has been served with a winding-up petition over an alleged debt amounting to RM447,886.46. The petition was filed by Inflextec Engineering Sdn Bhd, which is seeking to have Ecobuilt unit, Rexallent Construction Sdn Bhd (RCSB), wound up under the Companies Act 2016 and […]
- [OFFLINE 16 returns: Tropicana, VitaHealth target 1,200 Malaysians to unplug, reconnect](https://allproperty2u.com/offline-16-returns-tropicana-vitahealth-target-1200-malaysians-to-unplug-reconnect/): OFFLINE 16 returns: Tropicana, VitaHealth target 1,200 Malaysians to unplug, reconnect (From left) VitaHealth Southeast Asia new product development and regulatory affairs general manager Dr Koay Suat Ling; Big Caring Group business unit director Tay Li Yen, and chief marketing officer Wong Siew Lai; VitaHealth Malaysia and Singapore CEO Dr K S Beh; Tropicana Corp Bhd managing director, marketing & sales and business development Ixora Ang; and group corporate communications & ESG senior general manager Serena Lim; and VitaHealth senior marketing manager Elysse Ngan (All photos by Tropicana) Ang said the initiative fits the group’s mission of building sustainable, liveable […]
- [Ahmad Zaki Resources unit gets winding-up petition over RM5.86 mil payment dispute](https://allproperty2u.com/ahmad-zaki-resources-unit-gets-winding-up-petition-over-rm5-86-mil-payment-dispute/): Ahmad Zaki Resources unit gets winding-up petition over RM5.86 mil payment dispute According to AZRB’s bourse filing, Giga Engineering is claiming that its wholly owned Ahmad Zaki Sdn Bhd (AZSB) had failed to settle the sum, which led to the initiation of the winding-up proceedings. KUALA LUMPUR (July 9): Ahmad Zaki Resources Bhd (KL:AZRB) said on Wednesday that one of its subsidiaries has been served with a winding-up petition by Giga Engineering & Construction Sdn Bhd over an alleged unpaid sum of RM5.86 million. According to AZRB’s bourse filing, Giga Engineering is claiming that its wholly owned Ahmad Zaki Sdn […]
- [BNM's OPR cut lifts sentiment but offers limited boost to REITs—analysts](https://allproperty2u.com/bnms-opr-cut-lifts-sentiment-but-offers-limited-boost-to-reits-analysts/): BNM’s OPR cut lifts sentiment but offers limited boost to REITs—analysts Malaysian REITs would still leverage on robust domestic spending, lower bond yields and active inorganic growth strategies, according to RHB Investment Bank Bhd. KUALA LUMPUR (July 10): Bank Negara Malaysia’s (BNM) overnight policy rate cut may improve sector sentiment, but its impact on real estate investment trusts (REITs) is expected to be limited, with only modest borrowing cost reductions, as market valuations have largely priced in the move. In a research note on Thursday, Public Investment Bank highlighted BNM’s statutory reserve ratio cut, from 2% to 1%, injecting some […]
- [CGS expects Kitacon to see stronger earnings in 2HFY2025 from project completions, better profit margins](https://allproperty2u.com/cgs-expects-kitacon-to-see-stronger-earnings-in-2hfy2025-from-project-completions-better-profit-margins/): CGS expects Kitacon to see stronger earnings in 2HFY2025 from project completions, better profit margins Growing market interest for Kitacon project developments could be reflected by a tenderbook of RM913 million (17% industrial and 83% residential projects) as of June 23, 2025. KUALA LUMPUR (July 10): Kumpulan Kitacon Bhd (KL:KITACON) is expected to see stronger earnings in the second half of 2025 (2HFY2025), as township project developments Bandar Bukit Raja and Elmina reach completion, alongside better margin expansion, according to CGS International. Growing market interest for Kitacon project developments could be reflected by a tenderbook of RM913 million (17% industrial and 83% residential projects) […]
- [New home launches around soon-to-start LRT3](https://allproperty2u.com/new-home-launches-around-soon-to-start-lrt3/): New home launches around soon-to-start LRT3 If you are looking to take advantage of rail connectivity via the soon-to-start Shah Alam Line, here are all the upcoming residential projects sprouting around its stations. PETALING JAYA (July 2): Come September, the LRT3 will go live, linking new areas in Petaling Jaya, Shah Alam and Klang to the comprehensive Klang Valley urban rail network. Presenting new opportunities for train connectivity lifestyles, a number of residential developments are already emerging. But before that, a little brief of the new line. According to an LRT3 website by Setia Utama LRT 3 Sdn Bhd (a subsidiary of Malaysian Resources Corp Bhd, the […]
- [MAH SING MAINTAINS STRONG GROWTH TRAJECTORY IN 2025 WITH STRATEGIC EXPANSION AND ESG LEADERSHIP](https://allproperty2u.com/mah-sing-maintains-strong-growth-trajectory-in-2025-with-strategic-expansion-and-esg-leadership/): MAH SING MAINTAINS STRONG GROWTH TRAJECTORY IN 2025 WITH STRATEGIC EXPANSION AND ESG LEADERSHIP Mah Sing concluded its 33rd Annual General Meeting. (From left) Mah Sing’s Executive Director, Dato’ Steven Ng Poh Seng; Founder and Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum; Group Chief Executive Officer & Executive Director, Dato’ Voon Tin Yow; Deputy Group Chief Executive Officer & Executive Director, Lionel Leong Jihn Haur Kuala Lumpur, 2025 – Mah Sing Group Berhad (“Mah Sing”) presented a confident outlook for the year ahead at its 33rd Annual General Meeting, underpinned by resilient performance across its core business segments, […]
- [AVALAND ACQUIRES 2.2-ACRE LAND IN PETALING JAYA FOR RM49 MILLION](https://allproperty2u.com/avaland-acquires-2-2-acre-land-in-petaling-jaya-for-rm49-million/): AVALAND ACQUIRES 2.2-ACRE LAND IN PETALING JAYA FOR RM49 MILLION   Subang Jaya, 1 July 2025 – Property developer Avaland Berhad (“Avaland”) has entered into an agreement to acquire a 2.2-acre prime development land in Section 13, Petaling Jaya, for RM49 million. Strategically located in the matured and affluent Petaling Jaya neighbourhood, the 2.2-acre site enjoys excellent connectivity and proximity to established public amenities and infrastructure. Adjacent to Plaza 33, the land is just 3km from University Malaya and 16km from Kuala Lumpur City Centre, with convenient access to key destinations such as Mid Valley, Bangsar South, Asia Jaya LRT Station, […]
- [TROPICANA UNVEILS THE FIRST BRANDED RESIDENCES IN JOHOR, SUPPORTED BY HOME FINANCING IN PARTNERSHIP WITH MBSB BANK](https://allproperty2u.com/tropicana-unveils-the-first-branded-residences-in-johor-supported-by-home-financing-in-partnership-with-mbsb-bank/): TROPICANA UNVEILS THE FIRST BRANDED RESIDENCES IN JOHOR, SUPPORTED BY HOME FINANCING IN PARTNERSHIP WITH MBSB BANK   Johor Bahru (2 July 2025) – Property developer, Tropicana Corporation Berhad (“Tropicana”) continues its momentum for Skypark Kepler, its first branded and most luxurious residences in collaboration with the prestigious Banyan Group at Lido Waterfront Boulevard (“LIDO”), Johor. In November 2024, Tropicana kicked off an official groundbreaking ceremony with its main contractor China State Construction Engineering Corporation (“CSCEC”), followed by a partnership signing with Banyan Group, Samsung and Kohler to develop the stylish residences offering premium fittings and appliances. In May 2025, Tropicana […]
- [Kota Madani a comprehensive, value-based housing solution for civil servants, says PM](https://allproperty2u.com/kota-madani-a-comprehensive-value-based-housing-solution-for-civil-servants-says-pm/): Kota Madani a comprehensive, value-based housing solution for civil servants, says PM Bernama June 30, 2025 | Updated 6 hours ago (Photo from Facebook of Anwar Ibrahim) Prime Minister Datuk Seri Anwar Ibrahim: “This is not an ordinary housing project. It offers exceptional comfort with nearby facilities, such as a school, mosque, gymnasium and playground. All factors taken into account, it is a modern city with the Madani concept.” PUTRAJAYA (June 30): Prime Minister Datuk Seri Anwar Ibrahim (pictured) on Monday emphasised that the recently launched Kota Madani development project is not just about providing housing for civil servants, but is a […]
- [Neighbourhood Lens: Pickleball, fresh businesses revive PJ’s SS2, Section 19](https://allproperty2u.com/neighbourhood-lens-pickleball-fresh-businesses-revive-pjs-ss2-section-19/): Neighbourhood Lens: Pickleball, fresh businesses revive PJ’s SS2, Section 19 Veishnawi Nehru /June 30, 2025 | Updated 3 hours ago Hyprground’s Section 19 outlet houses seven indoor courts, along with private lounges for events and coaching programmes. The rising rents could be a double-edged sword, on one hand signalling the appeal of the once-forgotten areas, but also threatening to price out those who jump-started the vitality. PETALING JAYA (June 30): In Petaling Jaya (PJ)’s older commercial pockets like Section 19 and SS2, rents are quietly climbing. Monthly leases range from around RM2,000 for small creative studios to more than the RM10,000 mark for cafe lots in […]
- [Genting Malaysia submits bid for New York casino licence](https://allproperty2u.com/genting-malaysia-submits-bid-for-new-york-casino-licence/): Genting Malaysia submits bid for New York casino licence Yap Yan Qing / theedgemalaysia.com June 30, 2025 | Updated 3 hours ago The bid was submitted on June 27 in response to the New York State Gaming Commission’s request for applications for up to three commercial casinos in downstate New York, where its Resorts World New York City (RWNYC) is located, Genting Malaysia said in an exchange filing. KUALA LUMPUR (June 30): Genting Malaysia Bhd (KL:GENM) announced that a formal bid has been submitted for a casino licence in New York as part of a US$5.5 billion (RM23.19 billion) resort development in Queens. The […]
- [Malaysia, Singapore unveil first driverless train set for RTS Link](https://allproperty2u.com/malaysia-singapore-unveil-first-driverless-train-set-for-rts-link/): Malaysia, Singapore unveil first driverless train set for RTS Link Bernama June 30, 2025 | Updated 2 hours ago (Front row, from left) Johor Menteri Besar Datuk Onn Hafiz Ghazi, Singapore’s acting Transport Minister Jeffrey Siow; and Transport Minister Anthony Loke Siew Fook at the unveiling of the first of eight train sets for the Johor Bahru-Singapore Rapid Transit System (RTS) Link on Monday. (Photo from Facebook of Onn Hafiz Ghazi) The train sets 02 to 05 have been transported to CRRC’s train manufacturing facility in Batu Gajah, Malaysia and are currently undergoing the assembly process, while train sets 06 to 08 […]
- [Putra Heights blaze: Weak soil beneath gas pipeline the root cause, no criminal element found](https://allproperty2u.com/putra-heights-blaze-weak-soil-beneath-gas-pipeline-the-root-cause-no-criminal-element-found/): Putra Heights blaze: Weak soil beneath gas pipeline the root cause, no criminal element found Choy Nyen Yiau / theedgemalaysia.com June 30, 2025 | Updated 28 minutes ago The incident resulted in 87 houses being completely destroyed and 148 others requiring repairs. (Photo from social media) While the pipeline met technical specifications, a segment of it was not fully supported by the ground beneath, which was found to be soft and moist. KUALA LUMPUR (June 30): Authorities have identified unstable soil conditions beneath a Petronas gas pipeline as the cause of the massive blaze that erupted in Putra Heights, Subang Jaya, Selangor three months ago, displacing over 400 […]
- [Mulpha to receive RM933.7 mil from sale of interest in Australia’s Aveo Group](https://allproperty2u.com/mulpha-to-receive-rm933-7-mil-from-sale-of-interest-in-australias-aveo-group/): Mulpha to receive RM933.7 mil from sale of interest in Australia’s Aveo Group John Lai / theedgemalaysia.com June 27, 2025 | Updated 12 hours ago Brookfield Asset Management Inc, AOG Limited Partnership (AOG LP), and Hydra RL MEP Pty Ltd are selling all their shares in Hydra RL TopCo Pty Ltd, which indirectly fully owns Aveo. Mulpha, through its unit Mulpha Investments (BVI) Ltd, indirectly owns 15.8% of TopCo via AOG LP. KUALA LUMPUR (June 26): Mulpha International Bhd (KL:MULPHA) will get A$339.3 million (RM933.7 million) from its 15.2% stake in Australian retirement operator Aveo Group, which it had to sell under a tag-along […]
- [I-Bhd earmarks RM10 mil for i-City digital infrastructure as tech push accelerates](https://allproperty2u.com/i-bhd-earmarks-rm10-mil-for-i-city-digital-infrastructure-as-tech-push-accelerates/): I-Bhd earmarks RM10 mil for i-City digital infrastructure as tech push accelerates theedgemalaysia.com June 27, 2025 | Updated 12 hours ago I-Bhd chairman Tan Sri Lim Kim Hong says the transition aligns with i-City’s founding vision as Malaysia’s first digital city. (Photo by I-Bhd) Artificial intelligence and robotics will be deployed throughout i-City to support automation, predictive maintenance, and cost-efficiency measures. KUALA LUMPUR (June 26): I-Bhd (KL:IBHD) has committed RM10 million for intelligent infrastructure pilots across i-City, signalling a deeper push into smart city development as the group continues its strategic shift towards a tech-enabled urban platform. The move, announced at the group’s […]
- [Eco World Malaysia on track to beat RM3.5b sales target after record 2Q earnings](https://allproperty2u.com/eco-world-malaysia-on-track-to-beat-rm3-5b-sales-target-after-record-2q-earnings/): Eco World Malaysia on track to beat RM3.5b sales target after record 2Q earnings Syafiqah Salim / theedgemalaysia.com June 27, 2025 | Updated 11 hours ago The stronger earnings were mainly driven by the RM402.3 million sale of 123 acres of industrial land at the QUANTUM Edge business park to Microsoft Payments (Malaysia) Sdn Bhd, as well as full contributions from Paragon Pinnacle Sdn Bhd—developer of Eco Grandeur and Eco Business Park V—which became a wholly-owned unit following Eco World Development’s acquisition of the remaining 40% stake from Employees Provident Fund’s (EPF) Tanjung Wibawa Sdn Bhd. KUALA LUMPUR (June 26): Eco World Development Group […]
- [Yong Tai buys Sabah property developer for RM15m](https://allproperty2u.com/yong-tai-buys-sabah-property-developer-for-rm15m/): Yong Tai buys Sabah property developer for RM15m John Lai / theedgemalaysia.com June 27, 2025 | Updated 11 hours ago Yong Tai stated that the preliminary feasibility study estimates that the Lahad Datu project and Tawau project will generate development profits of about RM10.80 million and RM29.78 million, respectively. KUALA LUMPUR (June 26): Yong Tai Bhd (KL:YONGTAI) is acquiring Sabah-based property developer Sumberjaya Builders Sdn Bhd for RM15 million, as it aims to tap into development opportunities in Lahad Datu and Tawau. According to its bourse filing, Sumberjaya has entered into two separate joint development agreements with landowners for 11.97 acres in Lahad Datu and 15.25 acres in […]
- [Crescendo flags higher costs after sharp 1Q profit drop on absence of land sale](https://allproperty2u.com/crescendo-flags-higher-costs-after-sharp-1q-profit-drop-on-absence-of-land-sale/): Crescendo flags higher costs after sharp 1Q profit drop on absence of land sale Syafiqah Salim / theedgemalaysia.com June 27, 2025 | Updated 11 hours ago For the three months ended April 30, 2025 (1QFY2026), Crescendo posted a net profit of RM7.11 million—down from RM281.6 million a year earlier, which was its highest quarterly profit since its listing in 1997. Revenue also slumped 87.44% to RM66.25 million from RM527.28 million. KUALA LUMPUR (June 26): Property firm Crescendo Corp Bhd (KL:CRESNDO) flagged higher operating costs from the minimum wage adjustments, subsidy rationalisation for fuel and electricity, as well as the expanded scope of the sales […]
- [Urban Renewal Act drafted after record 101 engagement sessions—Nga](https://allproperty2u.com/urban-renewal-act-drafted-after-record-101-engagement-sessions-nga/): Urban Renewal Act drafted after record 101 engagement sessions—Nga Bernama June 27, 2025 | Updated 11 hours ago (Photo from KPKT Malaysia Facebook) Housing and Local Government (KPKT) Minister Nga Kor Ming: “No ministry has ever conducted 101 engagement sessions. We uphold the principle of leaving no one behind. We involve all parties because we do not want our cities to turn into slums.” JOHOR BAHRU (June 26): A total of 101 engagement sessions have been held to date in the drafting of the Urban Renewal Act (PSB), making it one of the most comprehensive legislative processes, with the highest number of […]
- [Gamuda reports 5% profit rise on stronger domestic construction activity, plans 5 sen dividend](https://allproperty2u.com/gamuda-reports-5-profit-rise-on-stronger-domestic-construction-activity-plans-5-sen-dividend/): Gamuda reports 5% profit rise on stronger domestic construction activity, plans 5 sen dividend Justin Lim / theedgemalaysia.com June 27, 2025 | Updated 10 hours ago The group’s domestic operations have gained significant momentum, with orders now contributing 41% of the overall RM35 billion construction order book, up from 28% last year. KUALA LUMPUR (June 26): Gamuda Bhd (KL:GAMUDA) recorded a 4.68% year-on-year increase in its third-quarter net profit, driven by robust performance within its domestic construction division, where earnings about tripled, offsetting a drop in the group’s property earnings. For the quarter ended April 30, 2025 (3QFY2025), the diversified infrastructure and property company’s […]
- [Rapid KL On-Demand service expands to four new zones, including city centre](https://allproperty2u.com/rapid-kl-on-demand-service-expands-to-four-new-zones-including-city-centre/): Rapid KL On-Demand service expands to four new zones, including city centre Bernama June 27, 2025 | Updated 7 hours ago Rapid Bus:“One of the main zones introduced is the CBD zone, covering the Golden Triangle area, namely Jalan Imbi, Jalan Sultan Ismail and Jalan Raja Chulan, which will be served by nine vans.” KUALA LUMPUR (June 27): Rapid Bus Sdn Bhd (Rapid Bus) will launch four new zones for its Rapid KL On-Demand service starting Monday, targeting high-traffic areas in the federal capital and key educational corridors as a strategic move to enhance urban mobility. In a statement on Friday, Rapid […]
- [Abandoned housing: Rehda’s solutions missing the forest for the trees](https://allproperty2u.com/abandoned-housing-rehdas-solutions-missing-the-forest-for-the-trees/): Abandoned housing: Rehda’s solutions missing the forest for the trees Datuk Chang Kim Loong / National House Buyers Association June 27, 2025 | Updated 4 hours ago Food, clothing, and shelter are basic human needs. For the average Malaysian, we have repeatedly said, owning a home is not just a dream but the largest financial commitment of a lifetime. It is precisely because of this financial and emotional significance that the protection of homebuyers must be at the heart of any housing policy reform. In a recent report, Abandoned housing: Rehda Institute advocates tiered developer licensing, the Real Estate and Housing Developers’ Association (Rehda) Institute […]
- [Mediation centre sets further session in Chow-Ramasamy defamation row over Batu Kawan deal](https://allproperty2u.com/mediation-centre-sets-further-session-in-chow-ramasamy-defamation-row-over-batu-kawan-deal/): Mediation centre sets further session in Chow-Ramasamy defamation row over Batu Kawan deal Ramasamy initiated defamation proceedings against Chow on July 18 last year, over a statement published on Chow’s official Facebook page on Oct 3, 2023, which Ramasamy alleges gravely damaged his reputation. GEORGE TOWN (June 25): The Penang Court Mediation Centre has fixed July 2 for a further mediation session between Chief Minister Chow Kon Yeow (pictured) and former deputy chief minister II Dr P Ramasamy in relation to defamation proceedings stemming from the disputed Batu Kawan land deal. The counsel for Dr Ramasamy, Dr Shamsher Thind Singh, confirmed that an e-review […]
- [Hock Seng Lee set to develop master-planned project near Kuching International Airport](https://allproperty2u.com/hock-seng-lee-set-to-develop-master-planned-project-near-kuching-international-airport/): Hock Seng Lee set to develop master-planned project near Kuching International Airport Neat Plan director Yu Ji (second from right) with some of the shortlisted winners and judging panel of the AIR Architecture Competition. (Photo courtesy of Hock Seng Lee) HSL is set to build based on one of the shortlisted schemes depending on feasibility, similar to the architectural competition held in 2021 for the Citadines Langit Kuching project, which saw groundbreaking in April. KUCHING (June 25): Sarawak-based developer Hock Seng Lee (HSL) is set to develop a 13.5-acre master-planned project opposite the Kuching International Airport. In a press conference after the AIR […]
- [Sunway buys 99.6 acres in Kuang for RM65m to expand industrial park](https://allproperty2u.com/sunway-buys-99-6-acres-in-kuang-for-rm65m-to-expand-industrial-park/): Sunway buys 99.6 acres in Kuang for RM65m to expand industrial park Located within the Mukim of Rawang in the Gombak district, the site is accessible via the LATAR Expressway and is near the Kuang Industrial Area and Rawang Industrial Park. KUALA LUMPUR (June 26): Sunway Property, the property arm of Sunway Bhd (KL:SUNWAY), through joint-venture subsidiary Sunway Rawang City Sdn Bhd, has entered into a sale and purchase agreement to acquire approximately 99.6 acres of freehold land in Kuang, Selangor, for RM65.1 million. The site is adjacent to Sunway’s 245-acre industrial land, which was earmarked in August 2023 for a managed […]
- [Berjaya Assets to sell Times Square units for RM24.9 mil to Sports Toto unit](https://allproperty2u.com/berjaya-assets-to-sell-times-square-units-for-rm24-9-mil-to-sports-toto-unit/): Berjaya Assets to sell Times Square units for RM24.9 mil to Sports Toto unit The deal involves three separate sale and purchase agreements signed on June 25. The units, which are located on the ground floor of the Times Square complex, span a total of 1,637 sq ft and are currently tenanted. PETALING JAYA (June 26): Berjaya Assets Bhd’s wholly owned unit Sapphire Transform Sdn Bhd, is selling three commercial units at Berjaya Times Square (pictured) in Kuala Lumpur to STM Lottery Sdn Bhd for RM24.9 million. STM Lottery is a fully owned subsidiary of Sports Toto Bhd. In a bourse filing yesterday, the […]
- [PM launches Kota Madani smart city project in Putrajaya](https://allproperty2u.com/pm-launches-kota-madani-smart-city-project-in-putrajaya/): PM launches Kota Madani smart city project in Putrajaya (Photo from Facebook of Anwar Ibrahim) The RM4 billion project will be developed by Putrajaya Holdings Sdn Bhd (PjH) through a public-private partnership under the build, lease, maintain and transfer (BLMT) model, without utilising government funds at the initial stage. PUTRAJAYA (June 26): Prime Minister Datuk Seri Anwar Ibrahim (pictured) on Thursday officiated the launch of the Kota Madani development project in Precinct 19—a major smart city initiative designed to be people-centric and environmentally sustainable. The RM4 billion project will be developed by Putrajaya Holdings Sdn Bhd (PjH) through a public-private partnership […]
- [TRX breaks ground for new office building development](https://allproperty2u.com/trx-breaks-ground-for-new-office-building-development/): TRX breaks ground for new office building development TRX City CEO Datuk Azmar Talib (third from left) with the scale model of the office tower. (Photos by Shahrin Yahya/The Edge) The 39-storey office tower will serve as the 10th building in TRX. It will offer approximately 925,000 sq ft of gross floor area and 800,000 sq ft of net lettable area, together with a biophilic design and large, flexible floor plates to meet the needs of modern businesses. KUALA LUMPUR (June 26): TRX City Sdn Bhd, the master developer of the 70-acre Tun Razak Exchange (TRX), held a groundbreaking ceremony on Thursday […]
- [Mah Sing launches M Legasi in Semenyih](https://allproperty2u.com/mah-sing-launches-m-legasi-in-semenyih/): Mah Sing launches M Legasi in Semenyih (From left) Mah Sing Group Bhd deputy group CEO and executive director Lionel Leong; founder and group managing director Tan Sri Leong Hoy Kum, and CEO of property subsidiaries Yeoh Chee Beng, at M Legasi’s official grand opening on Thursday. (Photo by Suhaimi Yusuf/The Edge) The township will have three residential precincts: Impira (110 acres), Adiya (93 acres) and Embun (297 acres). Phase 1A and 1B in the Impira precinct, which will consist of 330 individual-titled two-storey terrace home units, has achieved a take-up rate of 80% since its preview in April 2025. […]
- [Bonia buys remaining 10% stake in unit with two parcels of land in Bukit Bintang](https://allproperty2u.com/bonia-buys-remaining-10-stake-in-unit-with-two-parcels-of-land-in-bukit-bintang/): Bonia buys remaining 10% stake in unit with two parcels of land in Bukit Bintang The deal will make CBN a wholly owned unit of Bonia upon completion of the acquisition, which is expected to take place in the third quarter of this year, according to the luxury retailer’s filing with Bursa Malaysia. KUALA LUMPUR (June 24): Bonia Corp Bhd (KL:BONIA) is acquiring the remaining 10% stake in its property investment subsidiary, Casa Bologna Sdn Bhd (CBN), from One Seafood F&B Sdn Bhd for RM2.1 million. The deal will make CBN a wholly owned unit of Bonia upon completion of […]
- [Mulpha-linked Aveo Group to be sold in Australia, reports say](https://allproperty2u.com/mulpha-linked-aveo-group-to-be-sold-in-australia-reports-say/): Mulpha-linked Aveo Group to be sold in Australia, reports say Scape, which mainly owns and operates student accommodation in Australia, and co-investor South Korea’s National Pension Service have agreed to pay A$3.85 billion (RM10.60 billion) on an enterprise valuation basis, the Australian Financial Review reported on its website. KUALA LUMPUR (June 25): Aveo Group, an Australian retirement-living operator in which Mulpha International Bhd (KL:MULPHA) has an indirect 15% stake, will be sold to another firm Down Under, according to news reports. Scape, which mainly owns and operates student accommodation in Australia, and co-investor South Korea’s National Pension Service have agreed […]
- [CCC-ECRL disputes Advancecon's RM15.2 mil claim for ECRL works](https://allproperty2u.com/ccc-ecrl-disputes-advancecons-rm15-2-mil-claim-for-ecrl-works/): CCC-ECRL disputes Advancecon’s RM15.2 mil claim for ECRL works CCC-ECRL confirmed that it had received the notice of adjudication from the Advancecon subsidiary, Advancecon Infra Sdn Bhd, which alleged outstanding payments for subgrade, drainage, and culvert works carried out under two sub-contract for the ECRL project. KUALA LUMPUR (June 24): China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) said it has “wholly disputed” an alleged outstanding payment claim of RM15.22 million made by a subsidiary of Advancecon Holdings Bhd (KL:ADVCON) in relation to the latter’s works on the East Coast Rail Link (ECRL) project. In a statement, CCC-ECRL confirmed that it […]
- [AVALAND BREAKS GROUND ON AVENUE25 PEDESTRIAN BRIDGE, MARKING THE START OF TRANSFORMATIVE URBAN REDEVELOPMENT FOR COMMUNITY ENHANCEMENT IN SUBANG JAYA](https://allproperty2u.com/avaland-breaks-ground-on-avenue25-pedestrian-bridge-marking-the-start-of-transformative-urban-redevelopment-for-community-enhancement-in-subang-jaya/): AVALAND BREAKS GROUND ON AVENUE25 PEDESTRIAN BRIDGE, MARKING THE START OF TRANSFORMATIVE URBAN REDEVELOPMENT FOR COMMUNITY ENHANCEMENT IN SUBANG JAYA Subang Jaya, 13 JUNE 2025 – Avaland held a groundbreaking ceremony at its Avenue25 project site to officially kick off construction of a dedicated 300m pedestrian covered walkway and link bridge to the USJ21 LRT Station. This noteworthy milestone reflects Avaland’s steadfast commitment to enhancing community connectivity and promoting long-term wellbeing for both its residents and the surrounding neighbourhoods. Strategically located just a 10-minute drive from Subang CBD, Avenue25 is a vibrant 13-acre mixed-use development designed to blend nature seamlessly with […]
- [UEM Sunrise Welcomes Harvey Norman as Anchor Tenant at The Beat 2.0 of Kiara Bay](https://allproperty2u.com/uem-sunrise-welcomes-harvey-norman-as-anchor-tenant-at-the-beat-2-0-of-kiara-bay/): UEM Sunrise Welcomes Harvey Norman as Anchor Tenant at The Beat 2.0 of Kiara Bay (From left) Encik Hafizuddin Sulaiman, Director of Mega Legacy Sdn Bhd and Officer-in-Charge of UEM Sunrise Berhad, Tan Sri Dato’ Yap Suan Chee, Director of MLSB and Chairman of Melati Ehsan Group, Dato’ Sr. Azmar Talib, Chairman of Mega Legacy (M) Sdn Bhd (MLSB) and Independent Non-Executive Director of UEM Sunrise Berhad, Ms. Bernice Kwok, Managing Director of Harvey Norman Singapore and Malaysia KUALA LUMPUR, 24 June 2025 – UEM Sunrise Berhad (“UEM Sunrise” or “the Company”) via its joint venture with Melati Ehsan Holdings Berhad […]
- [LBS launches RM472m Centrum Iris, Cameron Highlands’ largest mixed project](https://allproperty2u.com/lbs-launches-rm472m-centrum-iris-cameron-highlands-largest-mixed-project/): LBS launches RM472m Centrum Iris, Cameron Highlands’ largest mixed project theedgemalaysia.com June 23, 2025 | Updated 1 day ago LBS Bina Group Bhd executive director Datuk Seri Daniel Lim (fourth from right), executive director Datuk Cynthia Lim (front row, fourth from left) and deputy CEO Lucas Lim (front row, third from left) at the MOU signing ceremony with MyKey International and Dreamscape Hospitality Group. (Photo courtesy of LBS) The unveiling of Centrum Iris establishes a new benchmark for integrated highland living in Malaysia. It will include 705 residential units ranging from 595 to 1,370 sq ft, starting from RM476,000, and 26 commercial […]
- [TROPICANA POSTS RM260.4 MILLION REVENUE IN Q1 FY2025](https://allproperty2u.com/tropicana-posts-rm260-4-million-revenue-in-q1-fy2025/): TROPICANA POSTS RM260.4 MILLION REVENUE IN Q1 FY2025 Petaling Jaya (29 May 2025) – In a filing to Bursa Malaysia, Tropicana Corporation Berhad (“Tropicana” or “Group”) announced its unaudited financial results for the first quarter ended 31 March 2025 (“Q1 2025”). Tropicana reported a revenue of RM260.4 million, representing a decrease of RM30.9 million or 10.6% compared to RM291.3 million in the corresponding quarter of the preceding year. The Group also recorded a lower profit before tax (“PBT”) of RM5.3 million as compared to a PBT of RM22.3 million in the corresponding quarter in the preceding year The decline in […]
- [SIGNATURE MALAYSIA LAUNCHES LARGEST-EVER HOME & LIVING SHOWCASE](https://allproperty2u.com/signature-malaysia-launches-largest-ever-home-living-showcase/): SIGNATURE MALAYSIA LAUNCHES LARGEST-EVER HOME & LIVING SHOWCASE From left) Peggy Cheong (Senior Manager, Marketing of Signature International Berhad), Natasha – General Manager, Branding & Customer Engagement of Signature International Berhad, KS Lau – Group CEO of Signature International Berhad, Jwan Heah (COO of Malaysia Book of Records) and ⁠Aaron Bong – Deputy General Manager of Malaysia Book of Records at the launch of Signature HomeFest 2025, recently. KUALA LUMPUR, 4 June 2025 – Signature Malaysia, the nation’s leading total home and living solutions provider, today officially launched Signature HomeFest 2025, a bold, seven-weekend lifestyle campaign to homeowners across the country. Held at the Signature Malaysia Flagship […]
- [UEM Sunrise’s Allegro, Symphony Hills Preview Sees 34% Take-up on First Day](https://allproperty2u.com/uem-sunrises-allegro-symphony-hills-preview-sees-34-take-up-on-first-day/): KUALA LUMPUR, 6 June 2025 – UEM Sunrise Berhad (“UEM Sunrise” or “the Company”) garnered strong response during the first day of its sales preview of Allegro, a premium freehold landed development within the award-winning Symphony Hills township, in Cyberjaya. Held on 31 May 2025, the event saw 23 of the 68 exclusive homes snapped up, translating to an encouraging 34% take-up rate. This reflects growing market confidence and appetite for high-quality, thoughtfully-designed, high-valued landed homes. The take-up represents RM46.8 million in sales, against a gross development value (GDV) of RM142 million. Situated on 11 acres of prime freehold land, Allegro […]
- [Court rules housing minister had right to extend I-City handover deadline](https://allproperty2u.com/court-rules-housing-minister-had-right-to-extend-i-city-handover-deadline/): “We are of the considered view that a reasonable minister would have concluded that there are special circumstances that the EOT was necessary to the interest of the purchasers to ensure that the project is not abandoned.” KUALA LUMPUR (June 24): The Court of Appeal has ruled that the Housing and Local Government Minister acted lawfully and in the interest of homebuyers by extending the deadline for developers of I-City to hand over vacant possession. The Court of Appeal on Monday ruled that the minister acted within homebuyers’ rights under Regulation 12 of the Housing Development (Control and Licensing) Regulations […]
- [ECRL trains to be delivered in phases from October](https://allproperty2u.com/ecrl-trains-to-be-delivered-in-phases-from-october/): “The first EMU (electric multiple unit) needs to undergo 8,000km of testing, while the subsequent batch requires 5,000km of testing.” KUALA LUMPUR (June 24): The East Coast Rail Link (ECRL)’s first batch of train sets will be delivered to Malaysia’s Kuantan Port from its manufacturers in Dalian, China from October, beginning with two sets each for carrying passengers and cargoes. The four electrified trains will be shipped to Kuantan port, said Zhang Jian, vice-president of the train sets’ manufacturer CRRC Dalian Locomotive & Rolling Stock Co Ltd — a unit of Hong Kong and Shanghai-listed CRRC Corp Ltd. “Upon arrival, they will […]
- [MRL not discounting proposed ECRL extension to Thai border after KTMB revival](https://allproperty2u.com/mrl-not-discounting-proposed-ecrl-extension-to-thai-border-after-ktmb-revival/): MRL CEO Datuk Seri Darwis Abdul Razak speaking with the Malaysian media delegation in Beijing “Hopefully, it would be part of the Pan Asian [Railway] (from Kunming, China, to Singapore).” KUALA LUMPUR (June 24): Malaysia Rail Link Sdn Bhd (MRL) has not discounted the proposal to extend the East Coast Rail Link (ECRL) from its current final station up north in Kota Bharu, Kelantan into Thailand’s Sungai Golok, said its chief executive officer Datuk Seri Darwis Abdul Razak. The proposal remains on the cards at a time when the government of Thailand and Malaysia have agreed to revive an existing rail line between Pasir Mas in Kelantan […]
- [War & Your Wallet: How Conflict Could Crush Malaysian Homebuyer Dreams](https://allproperty2u.com/war-your-wallet-how-conflict-could-crush-malaysian-homebuyer-dreams/): *Israel-Iran War or WW3: 5 Ways It Could DESTROY Your Malaysia Home Loan (2024 Guide)* Inflation, interest rates, job risks – What every buyer MUST know now. 1. *Directly address buyer fears: *“Will I ever afford a home if war starts?” 2. *Domino Effects*: – Oil prices surge → *Inflation spikes* → BNM hikes *OPR* → *Mortgage rates soar* – Supply chain chaos → Construction delays + 20% cost jumps – Recession risks → Layoffs → Loan defaults 3. *Buyer Pain Points*: – Monthly repayments up 15-30% on variable loans – Stagnant wages vs. rising living costs – First-time buyers […]
- [Safe Haven? How Global Conflicts Could Boost Malaysia’s Property Appeal](https://allproperty2u.com/safe-haven-how-global-conflicts-could-boost-malaysias-property-appeal/): *Will Malaysia Property Become a “Safe Haven” if Israel-Iran War or WW3 Erupts? Geopolitical chaos is coming – Where should investors park their capital? Here’s why Malaysian real estate could shine. 1. Global tensions (Israel-Iran, WW3 risks) “Is real estate still safe?” 2. *Why Malaysia Stands Out*: – Political neutrality & distance from conflict zones – Stable economy & resilient GDP growth – Low internal unrest + multicultural harmony 3. *Potential “Safe Haven” Effects*: – Influx of regional wealth (Singapore, HK, Indonesia investors) – Returning Malaysians boosting demand – Foreign capital favoring stable markets 4. *Impact on Property Segments*: – […]
- [RPGT (Real Property Gains Tax)](https://allproperty2u.com/rpgt-real-property-gains-tax/): How RPGT is Calculated The RPGT is calculated based on the gain derived from the sale of the property. The gain is determined by subtracting the purchase price and allowable expenses from the selling price. The applicable RPGT rate depends on the holding period of the property: For individuals (citizens and permanent residents): Within 3 years: 30% In the 4th year: 20% In the 5th year: 15% Beyond 5 years: 0% For companies: Within 3 years: 30% In the 4th year: 20% In the 5th year: 15% Beyond 5 years: 10% For non-citizens and non-permanent residents: Within 5 years: 30% […]

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- [States](https://allproperty2u.com/states/): For Rent RM1,700 For Rent Desa Airmas 1000sf 3-Bedrooms Fully Furnished & Renovated 1-C/Carpark RM1,700 Jalan Sungai Dua, Gelugor, North-East, George Town, Penang, 11800, Malaysia Beds: 3 Baths: 2 Condominium Details Anatey 4 hours ago Anatey 4 hours ago For Sale RM380,000 For Sale Bk Jambul Parkview Towers Fully Renovated 3-Bedrooms 1075sf 1-Carpark RM380,000 Parkview Towers Beds: 3 Baths: 2 1075 sqft Apartment Details Aaron Law 3 days ago Aaron Law 3 days ago For Sale RM220,000 For Sale Taman Vanila Teluk Kumbar Fully Renovated 3-Bedrooms 620sf Freehold RM220,000 Taman Vanila Beds: 3 Baths: 2 620 sqft Apartment Details Aaron […]
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