Nga indicated that there are only 594 licensed firms practising property management, serving 2.91 million strata units in the country. 

The job could produce about RM29 million net profit over the next three years based on its usual margins, analysts said.

The police report was filed on April 1, as LSHSM was unable to take over the operations of the iconic tower from Hydroshoppe and its subsidiary MKLSB,

During the suspension period, executive deputy chairman Datuk Paduka Ammar Shaikh Mahmood Naim will assume full authority over the company's operational and managerial matters,

Kerjaya Prospek Group Bhd (KL:KERJAYA) said on Monday that it has secured a contract worth RM291.43 million for construction works in Pulau Andaman, Penang.

Incremental housing may sound affordable, but it doesn’t work in high-rises, says National Housing Department director-general Datuk Jayaselan K Navaratnam, urging policymakers to rethink land use and long-term value in urban planning.

The Housing and Local Government Ministry (KPKT) has blacklisted 109 developers because of non-compliance with regulatory requirements.

The construction sector is likely to be less impacted by the US tariffs due to its focus on the domestic market, but industrial job flows may slow temporarily as companies adjust their strategies, analysts said.

Ho Hup Construction Co Bhd (KL:HOHUP) said its subsidiary has been ordered to pay a contractor RM7.37 million in an adjudication decision involving a dispute over payment claims.

Property developer Radium Development Bhd (KL:RADIUM) has announced its entry into the healthcare sector with plans to operate a 140-bed hospital in Melaka.