News by EdgeProp.my

Eco World Development Group Bhd (EcoWorld) has sold the final two industrial land parcels at its QUANTUM Edge business park in Kulai, Iskandar Malaysia, to hyperscale data centre specialist KNBDC Malaysia Five Sdn Bhd for approximately RM280.8 million.

Cahya Mata Sarawak Bhd (Cahya Mata) posted a sharply lower profit for the financial year ended Dec 31, 2025, with profit attributable to owners falling 48.8% to RM65.7 million from RM128.2 million the prior year, as headwinds in its Oiltools division and pre-commercialisation losses at its Phosphates plant weighed on headline results. 

Battersea Power Station is set to host a series of immersive art installations and family-friendly activities this May half-term, running from May 23 to 31.

PRG Holdings Bhd's construction subsidiary has agreed to accept 12 condominium units at Picasso Residence along Jalan Jelatek, Kuala Lumpur, as partial settlement of a RM37.17 million debt owed by the project's developer — a contra arrangement valued at RM13.73 million or RM1,066 psf.

The Real Estate and Housing Developers' Association (Rehda) Institute will hold the first mentorship session under its Rehda Institute Youth Initiative (RIYI) tomorrow (April 25), marking the rollout of a structured programme aimed at preparing students for careers in the built environment sector.

Tanco Holdings Bhd has announced a restructuring of the commercial framework for its planned "Smart AI Container Port" in Port Dickson, Negeri Sembilan, replacing an earlier lease arrangement with a Port Development Concession (PDC) model.

Paramount Corp Bhd has recorded property sales exceeding RM1 billion for the fourth consecutive year in its financial year ended Dec 31, 2025 (FY2025), as the developer pressed ahead with an aggressive landbank replenishment strategy, securing 363.1 acres across Penang, Kedah and the Klang Valley with a combined gross development value (GDV) of RM2.3 billion.

The Royal Institution of Surveyors Malaysia (RISM)’s Property Surveying Division held its inaugural Property Surveying Awards, recognising outstanding contributions across the profession for the first time.

ACE Market-listed Wawasan Dengkil Holdings Bhd has secured a RM22.7 million construction contract from Perbadanan Kemajuan Negeri Selangor (PKNS) to build 56 single-storey residential units and related facilities in Kampung Bukit Baja, Mukim Sepang, Selangor.

The current global energy crunch has highlighted that Malaysia’s long-standing development model — characterised by suburban living and car-dependent commuting — may no longer be viable.