The Housing and Local Government Ministry (KPKT) is seeking additional funds under Budget 2026 to double the implementation of new and upgraded public infrastructure projects, aiming for 10,000 projects annually.
Noteworthy:
When: April 2025
MUI Group and Mah Sing Group Bhd have inked a strategic agreement which saw the MUI Group divesting its prime 1.485-acre freehold parcel of land in the heart of KLCC precinct.
Malayan United Industries Bhd (KL:MUIIND), or MUI, will be sealing a deal to sell Corus Hotel Kuala Lumpur to a publicly-listed property developer, according to sources.
Noteworthy:
When: March 2025
Anchored by an international port serving as Malaysia’s main gateway for cargo freight, Port Klang town has been lined by a historic commercial core as old as the harbour. With some having weathered more than a century’s rain and shine, the shops here retain among the lowest rent rates in the Klang Valley.
Prime Minister Datuk Seri Anwar Ibrahim has questioned the developer of the Residensi Aman Lumyan affordable housing project in Bandar Sri Permaisuri, Kuala Lumpur, over the absence of a school in the development plan of the project.
The Court of Appeal has upheld a judge's ruling last year that a developer owed a duty of care to the joint management body (JMB) of a condominium in Subang over defects affecting common property.
Noteworthy:
When: February 2025
Forbes Asia said the growth within the Asia-Pacific region was predicted to maintain a slow pace due to the trade tensions ongoing in the region.
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