KPKT ready to re-table Urban Renewal Bill 2025 for second reading—Nga
The Ministry of Housing and Local Government (KPKT) is prepared to re-table the Urban Renewal Bill (PSB) 2025 for its second reading.
Expert urges data centres to invest in own water sources
Data centre companies planning to develop facilities in Johor have been urged to invest in securing their own water sources to support their operations, including exploring the potential of groundwater, to reduce pressure on the public water supply system.
All 34 sick PR1MA projects to be completed by March, says Nga
The Ministry of Housing and Local Government aims to complete all PR1MA Corporation Malaysia housing projects, previously categorised as sick or abandoned, by March.
JS-SEZ development will not affect electricity or water supply, says Johor MB
The Johor State Government will ensure that all development and strategic investments, including large-scale projects in the Johor-Singapore Special Economic Zone (JS-SEZ), will not compromise the basic needs of residents, particularly electricity and water supply, which remain a top priority.
HLIB sees robust construction job flows this year
The construction sector is expected to see robust job flows in 2026, amid healthy contract flows anchored by infrastructure projects and sustained data centre roll-outs, according to Hong Leong Investment Bank Bhd (HLIB).
Negeri Sembilan gets RM72.49m first Gemas land premium payment
He said the remaining nine payments will be paid in stages, with total compensation of RM1.26 billion covering 3,800 hectares.
Loke: Rapid to get electric buses, more on-demand vans for Penang
Penang is entering a new phase of public transportation as Prasarana Malaysia Bhd, through its subsidiary Rapid Bus Sdn Bhd (Rapid Bus), will begin gradually replacing ageing Rapid Penang buses with electric vehicles (EVs) starting this year.
Building costs rise in December 2025 on higher cement, sand—DOSM
Building costs rose in December 2025, driven by higher cement and sand prices, data from the Department of Statistics Malaysia (DOSM) showed.
Iconic Worldwide secures over RM75m in rental revenue from Batu Kawan factory lease
Iconic Worldwide Bhd (KL:ICONIC) has secured projected rental revenue of more than RM75 million following the signing of a long-term tenancy agreement for a factory in Batu Kawan owned by its subsidiary, Iconic Medicare Sdn Bhd, strengthening its recurring income base.
Maybank IB positive on REITs, expects 9% earnings growth in 2026
Maybank Investment Bank Bhd (Maybank IB) has maintained a positive stance on the Malaysian real estate investment trust (REIT) sector into 2026, supported by resilient fundamentals, a stable rate environment and tourism-led demand recovery.
