News by M

Malaysia’s economy is near its potential, supported by stable monetary policy and gradual fiscal consolidation, signalling steady conditions despite external uncertainties.

Putrajaya and Cyberjaya, sitting side by side in the southern part of Greater Kuala Lumpur, are twin cities whose blueprints have been intentionally crafted to meet national aspirations: the former as the federal administration seat, and the latter as Malaysia’s Silicon Valley.

Kerjaya Prospek Group Bhd (KL:KERJAYA), which targets RM2 billion in order book replenishment for 2026, said its subsidiary Kerjaya Prospek (M) Sdn Bhd has secured its first contract for 2026 worth RM201.25 million from Greencove Sdn Bhd for a mixed development in Damansara Damai.

Construction outfit TRC Synergy Bhd (KL:TRC) has secured a RM249 million contract to build new complex buildings in Precint 5, Putrajaya.

Tropicana Aman, the 863-acre township by Tropicana Corp Bhd, recently hit three key milestones.

Malaysian real estate investment trusts (M-REITs) are expected to remain supported into 2026 by lower interest rates and catalysts from the Visit Malaysia 2026 (VM2026) tourism campaign, said Hong Leong Investment Bank (HLIB).

Jesselton Courtyard, a freehold residential development in Penang, Malaysia, will be launched for sale to Singapore buyers at an event hosted by Savills Singapore during the weekend of Jan 17 and 18.

Malaysia’s construction industry is expected to expand at an average annual rate of 4% between 2026 and 2029, supported by sustained public and private investment in housing, oil and gas supply chains, and digital infrastructure, according to the latest Construction Market Insights report by Linesight.

The 25th International Architecture, Interior Design and Building Exhibition (Archidex 2026) aims to surpass total business transactions of RM1.4 billion generated in 2025, and expects around 40,000 visitors.

Shares of Sunway Bhd (KL:SUNWAY) and IJM Corporation Bhd (KL:IJM) ended Tuesday on a mixed note as investors weighed Sunway's proposed RM11 billion cash-and-share takeover of IJM against the group’s upcoming healthcare listing.