BUTTERWORTH, June 12 (Bernama) -- The Penang state government will obtain information from the developer regarding the current status of a piece of land in Taman Manggis, George Town, which is alleged to still be undeveloped despite having been sold for development purposes.
KUALA LUMPUR, June 5 (Bernama) -- The Federal Land Development Authority (Felda) has inked a memorandum of understanding (MoU) with Encorp Bhd, under which the latter will undertake the design and construction of housing for Felda employees.
KUALA LUMPUR, June 5 (Bernama) -- The increase in the biodiesel mandate from B10 (10 per cent palm-oil-based biodiesel) to B15 will reduce the country’s reliance on export markets, said Federal Land Development Authority (Felda) chairman Datuk Seri Ahmad Shabery Cheek.
KUALA LUMPUR, June 4 (Bernama) -- Malaysia’s demographic shift towards an ageing society is accelerating faster than previously anticipated.
KUALA LUMPUR, June 3 (Bernama) -- Blackstone, an alternative asset manager, has announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at US$13.1 billion, exceeding its US$10 billion target and marking the firm's largest private equity fundraise in Asia. (US$1=RM3.96)
KUALA LUMPUR, May 29 (Bernama) -- Stoneshield Capital, an European investment firm, has completed the final close of its Opportunity Fund IV at its hard cap of 1.5 billion euros in capital commitments, exceeding its original 1.0 billion euros target amid strong investor demand for European real assets. (1 Euro = RM4.63)
KUALA LUMPUR, May 22 (Bernama) -- The government is open to government-linked companies (GLCs) taking calculated losses in strategic sectors such as the digital economy and artificial intelligence (AI), provided there is transparency, good governance and clear policies.
JOHOR BAHRU, May 20 (Bernama) -- Property and asset management company UDA Holdings Bhd has launched its latest housing project, Residensi Mutiara, which incorporates sustainable development features.
KUALA LUMPUR, May 19 (Bernama) -- Malaysia’s inflation, as measured by the Consumer Price Index (CPI), rose 1.9 per cent year-on-year (y-o-y) in April 2026 to 136.9 from 134.3 in the same month last year, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 19 (Bernama) -- Developers with projects that deliver strong social and environmental returns and align with regional priorities will receive stronger government backing, said Deputy Economy Minister Datuk Mohd Shahar Abdullah.
KUALA LUMPUR, May 14 (Bernama) — Malaysia’s property market activity remained stable with a moderate growth in the first quarter of 2026 (1Q 2026), with transactions totalling 89,966 worth RM51.9 billion, according to the Valuation and Property Services Department (JPPH) Director-General Abdul Razak Yusak.
KUALA LUMPUR, May 13 (Bernama) -- The proposed “Option to Purchase” (OTP) clause under the new housing law could provide greater protection for prospective home buyers while helping developers to better gauge genuine market interest and reduce the risk of abandoned projects, said the Real Estate and Housing Developers’ Association (Rehda).
