News by Veishnawi Nehru

Property developer LBS Bina Group Bhd’s indirect wholly owned subsidiary, Sinaran Restu Sdn Bhd (SRSB), is selling two parcels of land in Johor Bahru for RM110 million cash to Asiana Square Sdn Bhd.

Kerjaya Prospek Group Bhd has secured two construction contracts totaling RM197.7 million. Its subsidiary, Permatang Bakti Sdn Bhd, will build a RM100.2 million, 39-storey apartment in Shah Alam, while Kerjaya Prospek (M) Sdn Bhd will construct five canal bridges on Andaman Island, Penang, worth RM97.5 million.

Malaysia has launched the Advanced Chip Testing Centre at CoPlace 9 in Cyberjaya, with the opening of the Malaysia Semiconductor IC Design Park 2 (IC Park 2).

Techbond Group Bhd is acquiring three parcels of industrial land in Eco Business Park 7, Negeri Sembilan, for a total of RM27.76 million.

Community voices must be better reflected in urban planning and policymaking to ensure cities develop in ways that truly serve people’s needs.

Malaysia’s momentum towards smarter, data-driven cities is growing, but data collection and management remain inefficient.

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.

NCT Group of Companies (NCT Group), through its property arm NCT Land Sdn Bhd, has partnered with the Kuala Langat Municipal Council (MPKL) to strengthen the NCT Smart Industrial Park (NSIP) and attract investors to the district.

Kluang, long cherished for its coffee culture and affordable lifestyle, is quietly positioning itself as a property hotspot. The new Keretapi Tanah Melayu (KTM) Electric Train Service 3 (ETS3), which connects Kuala Lumpur Sentral to Johor Bahru Sentral, is set to enhance regional accessibility.  

The nearly RM200 million allocation will support better connectivity between cities and rural areas through new stage bus routes and increase capacity in key urban centres.