Kelana Jaya is seeing renewed development activity, with several new and proposed projects emerging across key pockets of the suburb, adding to its established role as a commercial and transit hub within Petaling Jaya, Selangor.
Older office buildings in the Klang Valley are increasingly facing refurbishment or repurposing as overall office market conditions remain weak heading into 2026.
Iskandar Waterfront City Bhd (KL:IWCITY) has obtained approval from Bursa Malaysia Securities Bhd for its proposed regularisation plan, which comprises a proposed debt settlement and a proposed capital reduction, to exit its affected listed issuer status.
IGB Bhd (KL:IGBB) has proposed a bonus issue of one new share for every two shares held in the property group.
Construction outfit Sarawak Consolidated Industries Bhd (KL:SCIB) is venturing into property development through a joint residential and commercial project in Bintulu, Sarawak.
Noteworthy:
When: September 2025
The conference, to be held on Jan 15 at Le Méridien Petaling Jaya, is set to bring together policymakers and industry leaders.
Based on third-quarter sales in 2025, RHB Investment Bank expects property demand to stay solid moving forward supported by resilient demand, solid sales momentum and several high-visibility catalysts.
The 8% tax was implemented on July 1, 2025, and applied to the rental of non-residential premises such as offices, warehouses and commercial assets.
The firm is 80%-owned by Pagalavan C Rangasami and 20% by Rajasulochana Pagalavan, according to a bourse filing on Monday.
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