Urban renewal that focuses on adaptability, affordability, innovation and liveability By Joseph Wong The health of Malaysia’s property sector is determined by more than just towering glass facades and sprawling suburban developments. Behind every high-rise and residential estate lies a delicate, continuous negotiation between local authorities, private developers and the public. How well these distinct…
Read MoreKUALA LUMPUR: Lagenda Properties Bhd, a leading developer of affordable housing and integrated townships, recorded revenue of RM262.1 million for Q1 ended March 31, 2026 (FY26), while maintaining stable profitability with profit after tax of RM44.2 million. Against this backdrop, the group delivered resilient operational performance despite a slower first quarter, which was affected by…
Read MoreWorkers’ accommodation ISP Home Kapar recently obtained a GreenRE Gold certification. PETALING JAYA: ISP Group of Companies has secured GreenRE certification for a selection of its workers’ accommodation and industrial assets, in line with the group’s sustainability tracks for both new greenfield developments and existing or new brownfield assets. “When we started ISP, we saw…
Read MoreMalaysia’s property market started 2026 on a measured note, with nationwide transactions slipping 8% to 89,966 and total transaction value dipping marginally by 0.6% to RM51.09 billion, compared to Q1 2025. The national Malaysian House Price Index (MHPI) still posted a positive 1.7% year-on-year gain, reaching 235.2 points with an average house price of RM507,533,…
Read MoreTan Sri Syed Mokhtar Albukhary has acquired a substantial stake in Eco World Development Group Bhd and its sister company, expanding the tycoon’s portfolio of developers. The shares in EcoWorld, equivalent to 30.1%, were sold by former deputy chairman Datuk Leong Kok Wah through a private vehicle, according to an exchange filing on Monday. The…
Read MoreLand & General Bhd (L&G) has officially launched Damansara Laverra, a new freehold high-rise residential development in Bandar Sri Damansara with an estimated gross development value (GDV) of RM752 million. The project received an encouraging market response during its launch event, with more than 600 units booked within a single day, representing approximately 61% of…
Read MoreKUALA LUMPUR: Malaysia is building homes priced beyond what most Malaysians can afford, contributing to the country’s growing residential housing overhang. Deputy Economy Minister Mohd Shahar Abdullah said Malaysia must directly confront the affordable housing mismatch. “The market is telling us something clear. The mismatch is not in demand. The mismatch is in what is…
Read MoreMalaysia’s property market started 2026 on a cautious note, recording moderate performance in the first quarter, according to the Property Market Report for Q1 2026 released by the Valuation and Property Services Department (JPPH) on 14 May 2026. Transactions Dip, But Market Holds Steady A total of 89,966 property transactions were recorded in Q1 2026,…
Read MoreMalaysia’s Real Estate and Housing Developers’ Association (Rehda) has thrown its support behind a proposed “Option to Purchase” (OTP) clause set to be introduced under the new Real Property Development Act, which is slated to replace the Housing Development (Control and Licensing) Act 1966. Rehda president Datuk Ho Hon Sang welcomed the proposal by Housing…
Read MoreAsia’s leading architecture business event is back. ARCHIDEX 2026 will run from 29 July to 1 August 2026 at the Malaysia International Trade and Exhibition Centre (MITEC) in Kuala Lumpur, and this edition is shaping up to be its most ambitious yet. Jointly organised by Pertubuhan Akitek Malaysia (PAM) and C.I.S Network Sdn Bhd, ARCHIDEX…
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