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Property News

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

    Jan 1, 1970

    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

    Jan 1, 1970

    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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  • Why more families are choosing Southern Klang Valley

    Jan 1, 1970

    This article appeared in the July 9, 2026 issue of the monthly print edition. Subscribe now. For many families searching for their next home, priorities have shifted. Good connectivity, quality schools, greener neighbourhoods, safe environments and a stronger sense of community now matter just as much as the house itself. Across Southern Klang Valley, the…

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  • Avaland tops out 100%-sold Amika Residences ahead of construction schedule

    Jan 1, 1970

    PETALING JAYA (Aug 7): Avaland Bhd has topped-out Amika Residences, with construction progressing ahead of schedule. According to a media release by the company, the Subang Jaya development has also achieved full take-up. Amika Residences features 468 serviced apartment units across two towers, offering a “retreat that blends contemporary living with a serene and refined…

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  • IJM names Lee Teck Yuen as chairman to succeed Krishnan Tan

    Jan 1, 1970

    KUALA LUMPUR (Aug 26): IJM Corp Bhd (KL:IJM) has appointed industry veteran Datuk Lee Teck Yuen (pictured) as chairman of the construction and infrastructure giant effective Aug 27. Lee, 69, had been on IJM’s board since May 2007, including as its senior non-executive director from 2012 to 2022. He is succeeding Tan Sri Krishnan Tan…

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

    Jan 1, 1970

    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

    Jan 1, 1970

    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

    Jan 1, 1970

    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

    Jan 1, 1970

    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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  • Wong Yik Fong appointed Majestic Gen CEO effective July 1

    Jan 1, 1970

    KUALA LUMPUR (July 1): Majestic Gen Sdn Bhd has appointed Wong Yik Fong as its new CEO effective July 1, 2026, as part of a strengthened leadership structure to drive its next phase of expansion and succession. According to a press statement issued by the Malaysian property developer, the leadership realignment also sees Datuk Hoo…

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Residensi Citra

Residensi Citra

From RM290,000 / 23/09/2026
Residensi Citra is a Rumah Selangorku development in Alam Impian, Shah Alam, by TransLoyal Development Sdn Bhd. The project comprises...
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