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Property News

  • Pesona Metro profit jumps 162% in FY2025, targets RM500 mil in new contracts

    PETALING JAYA (June 26): Pesona Metro Holdings Bhd reported revenue of RM705.9 million and profit before tax (PBT) of RM66.0 million for FY2025. Its property development division recorded PBT of RM43.3 million during the financial year. For the financial year ended Dec 31, 2025 (“FY2025”), the Main Market-listed construction-to-property group reported revenue of RM705.9 million…

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  • GDB wins as High Court strikes out KSK Land’s originating summons

    PETALING JAYA (July 28): GDB Holdings Bhd said the Kuala Lumpur High Court has struck out an originating summons filed by KSK Land Sdn Bhd (in liquidation), in a favourable outcome for its wholly-owned subsidiary, Grand Dynamic Builders Sdn Bhd (GDBSB). In a Bursa Malaysia filing on Monday (July 27), GDB said GDBSB had been…

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  • ECRL diversion into Kuantan Port ready by year end, says deputy minister

    KUALA LUMPUR (March 11): Construction of the diversion alignment for the East Coast Rail Link (ECRL) project into the operational area of Kuantan Port is expected to be completed by the end of this year, the Dewan Negara was told on Wednesday. Deputy Transport Minister Datuk Hasbi Habibollah said the implementation of the alignment is…

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  • Encorp inks initial pact for Felda staff housing project

    KUALA LUMPUR (June 5): Encorp Bhd (KL:ENCORP) has signed an initial pact that may lead to a contract to build staff housing for the Federal Land Development Authority. The memorandum of understanding (MOU) sets out the intention of the agency also known as Felda to appoint Encorp as the contractor for the proposed project, pending…

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  • TWL discloses RM1.8 mil pending refunds from three terminated JV agreements

    KUALA LUMPUR (July 3): TWL Holdings Bhd has furnished additional details to Bursa Malaysia on the mutual termination of three joint venture agreements (JVAs) between its wholly-owned subsidiary TWL Builders Sdn Bhd (formerly Tiger Synergy Development Sdn Bhd) and Pentas Irama Sdn Bhd, Elitprop Sdn Bhd and Greatprop Development Sdn Bhd. In replies to Bursa’s…

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  • SD Guthrie, Selangor govt explore massive 5,000-acre development on Carey Island

    KUALA LUMPUR (Feb 27): SD Guthrie Bhd (KL:SDG) and the Selangor state government have entered a strategic partnership to explore a massive integrated development on Carey Island that is set to be a “critical component” of the Carey Island Port—the planned third terminal for Port Klang. A memorandum of understanding (MOU) was inked between the…

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  • Super-scale home designed for vibrant connection with family, friends

    This article appeared in the May 12, 2026 issue of the monthly print edition. Subscribe now. It is termed a bungalow — but it’s not just any standard bungalow. Situated in a vibrant Kuala Lumpur suburb, the expansive 15,000 sq ft residence sitting on two plots totalling a massive 20,000 sq ft is more like…

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  • Tanco MD buys shares from younger brother as shares slip yet again

    KUALA LUMPUR (June 23): Tanco Holdings Bhd (KL:TANCO) group managing director Datuk Seri Andrew Tan Jun Suan bought shares from his younger brother Edwin Tan Kium Suan on Monday. Jun Suan sold 28.5 million shares or a 0.473% stake on the open market at 15.6 sen apiece last Thursday, as well as another block of…

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  • YNH Property defers RM34.4m coupon payments to fund ongoing projects

    KUALA LUMPUR (July 24): YNH Property Bhd (KL:YNHPROP) is deferring RM34.41 million in coupon payments across two tranches under its perpetual securities programme to preserve cash for its ongoing developments, including Solasta Dutamas and its township projects in Seri Manjung. In filings with Bursa Malaysia on Thursday, the company said the total deferred amount comprises…

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  • West River bags RM11 mil in mechanical and electrical work jobs

    KUALA LUMPUR (Aug 4): West River Bhd (KL:WESTRVR) said it has secured two mechanical and electrical subcontracts for an apartment project. One subcontract, valued at RM3.35 million, is for air-conditioning and mechanical ventilation services, while the other, valued at RM7.65 million, is for electrical and lightning protection services, according to a bourse filing on Tuesday. …

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Parkland By The Hill

Parkland By The Hill

Parkland By The Hill is a proposed condominium development by Parkland Group, located in Batu 9, Cheras, Selangor. The project...
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