News by EdgeProp

The abandoned blocks of the Highland Towers condominium in Hulu Kelang will be demolished before the end of the year, after a Magistrates’ Court decision allowed the Ampang Jaya Municipal Council (MPAJ) to proceed with the action.

Following the pandemic-induced lull in the early half of the decade, the property sector staged an emphatic rebound, with core segments regaining momentum and confidence.

Signature International Bhd (Signature) has issued a circular to shareholders on a proposed RM66 million disposal of its Kota Damansara industrial property to Boon Koon Capital Sdn Bhd, an indirect wholly-owned subsidiary of Chin Hin Group Property Bhd (CHGP), with the matter to be tabled at an extraordinary general meeting (EGM) on June 29.

SD Guthrie Bhd and Eco World Development Group Bhd said the sale and purchase agreement (SPA) for the Eco Business Park 8 (EBP8) land transaction in Kulai, Johor became unconditional on Thursday, while the amended and restated shareholders’ agreement governing the joint venture took effect on the same date.

S P Setia Bhd has been named World Silver Winner in the Residential Low Rise category at the 2026 FIABCI World Prix d’Excellence Awards for Precinct Arundina, its landed residential development within Setia Eco Park in Selangor.

UDA Holdings Bhd has handed over all 153 units of Areca Terrace Phase 4B in Bandar UDA Utama, Johor Bahru ahead of schedule, with the development fully sold.

Malaysia has emerged as the biggest winner at the FIABCI World Prix d’Excellence Awards 2026 held in Vienna, Austria, with the country’s developers taking home six gold and six silver awards across multiple categories, according to the Ministry of Housing and Local Government (KPKT).

Malaysia’s growing strata complexity is exposing gaps in governance, prompting calls for clearer rules as mixed-use developments and resident expectations evolve.

WORQ has expanded its footprint with the launch of its 13th outlet at Menara Shell in KL Sentral, in partnership with Sentral REIT, amid growing interest in transit-oriented and flexible workspace solutions.

I-Bhd’s i-City has partnered Singapore-based Twin-Matrix Technologies to explore artificial intelligence (AI)-enhanced living experiences, including the development of an AI companion concept for its AI Living initiative.