News by M

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 Malaysian Anti-Corruption Commission (MACC) has seized immovable assets worth an estimated RM18.36 million involving 14 properties as part of an investigation into the alleged misappropriation of funds by a non-governmental organisation (NGO).

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.

A total of 347 housing units have been handed over to eligible recipients under the Baiti Jannati Programme (PBJ) @ Federal Territory so far to ensure they enjoy comfortable, conducive and quality residences.

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.

Sabah is conducting a feasibility study on a modern rail system for the Putatan–Kota Kinabalu Industrial Park route and Sepanggar Port to strengthen Sabah’s logistics network, said Governor Tun Musa Aman.

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.