News by Veishnawi Nehru

Urban challenges such as loneliness and depression could be addressed through better city projects that encourage social interaction and well-being.

Majestic Labs within Eco Majestic brought the Semenyih community together for its Merdeka & Malaysia Day Picnic and Night Market over the weekend, attracting an estimated 1,500 to 2,000 visitors.

WCT Holdings Bhd reported a 47% year-on-year increase in revenue to RM553.78 million for the second quarter ended June 30, 2025 (2QFY2025), driven by higher sales and billings in the property development segment and revenue from land sales.

Berjaya Land Bhd reported a narrower net loss of RM15.43 million for the fourth quarter ended June 30, 2025 (4QFY2025), a significant improvement from RM79.91 million a year earlier, driven by higher profits from its hotels and resorts, contributions from associates, and foreign exchange gains.

Property developer SkyWorld Development Bhd kicked off FY2026 with new affordable housing launches in Penang and Kuala Lumpur, while continuing steady progress on ongoing projects.

EdgeProp Malaysia has signed a data partnership with the Penang Real Estate and Developers Association (PRES), enabling its members to access the company’s proprietary analytics platform, EPIQ.

Penang’s residential landscape is evolving steadily, with notable differences between the island and the mainland in terms of market dynamics and housing trends.

Noteworthy:

• Freehold
• Built-up size: 3,505 sq ft
• Land size: 3,200 sq ft
• 5 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Damai Hillpark, AEON Mall Cheras Selatan, The Mines Shopping Mall, The Mines Resort & Golf Club, UCSI College, Columbia Asia Hospital
• Accessibility: Cheras–Kajang Expressway, SILK, MRR2, SUKE, Persiaran Damai Perdana

When: February 2025

Malaysia is targeting a 40% national recycling rate, urging communities to go beyond Reduce, Reuse, Recycle by adding a fourth “R”: Rethink—promoting conscious consumption for a sustainable, responsible future.

Noteworthy:

• Freehold
• Built-up size: 4,000 sq ft
• 4 bedrooms, 4 bathrooms
• Semi-furnished
• Nearby amenities: IKEA, The Curve, IGB International School, ELC International School, Sungai Buloh Hospital, Sierramas Community Club
• Accessibility: NKVE, LDP, MRR2, Jalan Sierramas Utama

When: February 2025