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MRT3 Circle Line tenders likely to restart by mid-2026—MBSB Research

18 July, 2025

New MRT3 Circle Line construction tenders may begin by mid-2026, said MBSB Research, after MRT Corp’s fourth and final tender validity extension lapsed in March 2024.

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168 Park Selayang delivers fully-sold Block A ahead of schedule

18 July, 2025

The once-abandoned 168 Park Selayang in Selayang, Selangor, has successfully delivered vacant possession of its fully-sold Block A (Lush Residence) nine months ahead of schedule on July 1.

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MRT Corp: Circle Line to require fewer land lots, acquisition target set for end-2026

18 July, 2025

Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp) said on Thursday that the number of land lots to be acquired in the federal capital for the MRT3 Circle Line has been reduced by more than 31%, following extensive public consultation.

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TSM Global to convert Eastin Hotel Kuala Lumpur to Petaling Jaya Marriott Hotel

18 July, 2025

TSM Global Bhd and Marriott International Inc on Thursday signed an agreement to convert Eastin Hotel Kuala Lumpur in Seksyen 16, Petaling Jaya, into the five-star Petaling Jaya Marriott Hotel.

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Gamuda, MN Holdings tipped as top winners in RM10b data centre jobs—Maybank IB

17 July, 2025

Gamuda Bhd (KL:GAMUDA) and MN Holdings Bhd (KL:MNHLDG) are set to benefit most from RM10 billion worth of upcoming data centre contracts, according to Maybank Investment Bank (Maybank IB), despite concerns over new US AI chip export restrictions.

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Notice to proceed issued for Penang LRT project construction

17 July, 2025

A notice to proceed has been issued to the main contractor of the Penang light rail transit (LRT) project to begin physical construction work on the first Mutiara Line.

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Avaland says Avalon Phase 1 fully taken up

16 July, 2025

Avaland Bhd (KL:AVALAND) announced that Phase 1 of Avalon, comprising 166 units of Balinese-inspired double-storey homes located within its Cybersouth township development, is fully taken up.

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Luxchem invests in five leasehold plots in Klang for RM45.6m

16 July, 2025

Luxchem Corp Bhd (KL:LUXCHEM) is acquiring five leasehold industrial lands in Mukim Kapar, Klang, for RM45.59 million in cash, as part of its strategy to optimise surplus cash reserves by investing in income-generating real estate assets.

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Chin Hin to undertake high-rise project on its own, after YNH Property revokes joint development deal

16 July, 2025

YNH Property Bhd (KL:YNHPROP) on Tuesday terminated a development agreement with Chin Hin Group Property Bhd (KL:CHGP) for an apartment project in Segambut, Kuala Lumpur, and will instead sell the 6.49-acre parcel to Chin Hin via a direct land deal.

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30-year-old Sri Penaga Condominium retains gold at The Edge Malaysia BMSPA 2025

16 July, 2025

The 30-year-old Sri Penaga Condominium in Bangsar, Kuala Lumpur won gold yet again at The Edge Malaysia Best Managed & Sustainable Property Awards (BMSPA) 2025 under the 10 Years and Above—Multiple-owned Strata Residential category, repeating a similar achievement at the 2018 iteration of the awards.

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