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Property News

  • Exsim Hospitality partners with Majestic Gen to expand managed accommodation pipeline

    KUALA LUMPUR (March 5): Exsim Hospitality Bhd (KL:EXSIMHB) announced the partnership with developer Majestic Gen to introduce professionally-managed accommodation in selected developments nationwide, with a potential pipeline of over 3,000 keys over the next four years. The collaboration will see Exsim Hospitality’s hospitality brand, Mana Mana Hospitality, appointed as the operator for selected projects within…

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  • Sunsuria posts lower first-half earnings as project completions weigh on revenue

    PETALING JAYA (May 26): Sunsuria Bhd reported lower revenue and earnings for the first half of its financial year ended March 31, as the completion of several development projects reduced progressive recognition from the property development division. Meanwhile, ongoing project progress, and recurring income contributions and the KL City Gateway acquisition provided additional development pipeline…

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  • Kerjaya Prospek bags RM529.3 mil Bukit Tunku villa contract from BRDB

    PETALING JAYA (June 15): Main Market-listed construction group Kerjaya Prospek Group Bhd has secured a RM529.32 million building contract for a residential development in Taman Duta, Bukit Tunku. In a Bursa filing, the group said its wholly owned subsidiary Kerjaya Prospek (M) Sdn Bhd accepted a letter of award dated June 12, 2026 from BRDB…

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  • Kerjaya Prospek poised for solid 4Q as projects near completion

    KUALA LUMPUR (Feb 24): Kerjaya Prospek Group Bhd (KL:KERJAYA) is expected to post a solid fourth quarter ended Dec 31, 2025 (4QFY2025), underpinned by higher progress billings from jobs on hand and stronger contributions from its property development arm.  RHB Investment Bank expects the property developer’s 4QFY2025 earnings to come in between RM60 million and RM70…

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  • Middle East tensions may delay Malaysia property projects, raise construction costs, says Rehda

    KUALA LUMPUR (March 13): Malaysia may see moderate property project delays and rising construction costs with protracted geopolitical tensions in the Middle East, developers cautioned. A prolonged conflict will drive up energy prices, construction material costs and shipping expenses, which would eventually affect development timelines and project profitability, according to the Real Estate and Housing…

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  • Changing the game: How TRX reshapes the appeal of KL CBD

    This article appeared in the May 12, 2026 issue of the monthly print edition. Subscribe now. From the old streets of Jalan Raja Chulan and Bukit Bintang to the glittering, globally recognised skyline of KLCC, Kuala Lumpur’s city centre has unfolded in distinct layers, each marking a new chapter in its urban evolution. Weaving into…

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  • Varia to jointly develop mixed development project in Putrajaya

    KUALA LUMPUR (June 2): Varia Bhd (KL:VARIA) has proposed to jointly develop a mixed development project in Putrajaya with United Malayan Land Bhd (UMLand) and Canada-based King George Financial Corp (KGFC). The group on Friday inked an agreement for the project on a 6.82-acre freehold site in Precint 7 with landowner Cahaya Nusantara Sdn Bhd,…

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  • Mesiniaga, I-Bhd to develop central residential AI platform

    KUALA LUMPUR (May 22): Mesiniaga Bhd (KL:MSNIAGA) and I-Bhd (KL:IBHD) have teamed up to develop a central platform aimed at connecting multiple systems in i-City in Selangor. The developers say their ‘urban intelligence platform’ is different from traditional smart home systems that require residents to use separate apps and devices. Instead, the platform powered by…

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  • Beyond property listings: building the right relationship with a real estate agent

    KUALA LUMPUR (June 10): For many Malaysians, engaging a real estate agent is a familiar part of adulthood, whether for renting, buying, selling or investing in property. While experiences can vary widely, Aegis Property director Shawn Fernandez believes that one factor often plays a decisive role in determining the outcome: the quality of the relationship…

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  • PAM backs housing minister’s structural reform agenda for built environment

    KUALA LUMPUR (June 22): Pertubuhan Akitek Malaysia (PAM) stands firmly aligned with the Ministry of Housing and Local Government on progressive structural reforms that emphasise statutory compliance, digital transformation, and fair remuneration, according to a press statement issued on Monday. The institute welcomed the clarity provided by the Shah Alam High Court and Housing and…

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Waringin Residences

Waringin Residences

Waringin Residences is the condominium component of the larger Laman Waringin development in Kwasa Damansara, Selangor. Developed by Elegance Sonata...
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