Govt has incentives to encourage build-then-sell model to reduce risk of abandoned projects
The government has introduced several incentives at federal and state levels to encourage more developers to adopt the build-then-sell (BTS) concept.
NPC 2025: Malaysia moving towards data-driven cities, but data collection still weak
Malaysia’s momentum towards smarter, data-driven cities is growing, but data collection and management remain inefficient.
CIDB and MBAM to roll out Construction Digital Maturity Index to assess projects
The Construction Industry Development Board (CIDB), in partnership with the Master Builders Association Malaysia (MBAM), has announced the introduction of the Construction Digital Maturity Index (CDMI), a new framework aimed at assessing a company’s level of digital integration in construction projects.
UEM Sunrise appoints Shaharul Farez as CEO after eight months’ vacancy
Property developer UEM Sunrise Bhd has appointed Shaharul Farez Hassan as its new managing director and CEO, effective Nov 17.
Kitacon’s unit secures RM86.58m contract for residential development at The Mines Resort City
Construction group Kumpulan Kitacon Bhd has been awarded a contract worth RM86.58 million by Earth Pavilion Sdn Bhd to undertake the construction of residential units at The Mines Resort City in Selangor.
Sunway REIT to dispose of Sunway Hotel Seberang Jaya for RM60m
Sunway Real Estate Investment Trust (REIT), through its trustee RHB Trustees Bhd, has entered into a conditional sale and purchase agreement (SPA) with Sunway Medical Centre Penang Sdn Bhd for the disposal of the Sunway Hotel Seberang Jaya property in Penang for a total cash consideration of RM60 million.
NPC 2025: Real city transformation is not just AI adoption, but human-centricity
Malaysia may be on the fast track towards artificial intelligence (AI) adoption, but real transformation is not just about technology. Instead, city planning should still focus on people.
SkyGate Solutions to dispose of Bayan Lepas factory for RM39.8m
SkyGate Solutions Bhd, formerly known as Ewein Bhd, announced that its subsidiary, SkyGate Integration Sdn Bhd has entered into a conditional sale and purchase agreement (SPA) with Ambu Sdn Bhd for the disposal of its factory building in Bayan Lepas, Penang, for RM39.8 million.
UEM Sunrise tops out Phase 2 of KAIA Heights in Seri Kembangan
UEM Sunrise Bhd has marked the topping-out of Phase 2 of its KAIA Heights development, a low-density residential project located in Taman Equine, Seri Kembangan, Selangor.
Sime Darby Property awards RM1.26b contract to IJM for hyperscale data centre at Elmina Business Park
Sime Darby Property Bhd has awarded a RM1.26 billion contract to IJM Construction Sdn Bhd, a wholly owned subsidiary of IJM Corporation Bhd, for the main building works of a hyperscale data centre at Elmina Business Park.
