The real estate industry had an eventful 2024, marked by notable highs and lows. Among the key highlights was encouraging data from the National Property Information Centre (Napic), which showed strong market recovery. The number of residential transactions surged as demand for homes remained rob...

Key highlights of the real estate and property industry in 2024

Kedah-based Imperio Group has signed an agreement with Accor Group to open an ibis Styles hotel at its upcoming The Tenz integrated development in Alor Setar, Kedah. The hotel will be the first international hotel in the city.

Imperio Group partners Accor Group to open first international hotel in Alor Setar

Gamuda Land, the property division of Gamuda Bhd (KL:GAMUDA), announced that Eaton Park, its latest mixed-use development located at Thu Duc City, Ho Chi Minh City (HCMC) in Vietnam, has surpassed a gross development value (GDV) and total sales of more than RM2 billion in eight months since its maiden launch in May.

Gamuda Land’s Eaton Park in Vietnam achieves RM2 bil GDV in eight months

Situated on 116 acres of reclaimed land at the southern tip of Tanjung Puteri in Johor Bahru, Johor, and directly across the Straits of Johor from Singapore is the R&F Princess Cove development by China-based property developer R&F Group. The project boasts a gross development value of RM...

Cover Story: R&F Group’s latest residential phase at R&F Princess Cove in Johor set for launch

Glomac Bhd (KL:GLOMAC) on Thursday officially launched Serai @ SBCR, the latest precinct in its 1,200-acre Bandar Saujana Utama master plan in Sungai Buloh, Selangor. The new precinct has a gross development value (GDV) of RM353 million.

Glomac launches RM353m new precinct in Bandar Saujana Utama, Sungai Buloh

When Bukit Jalil in southern Kuala Lumpur was still a rural area covered by rubber plantations in the 1980s, multi-industry conglomerate Berjaya Group emerged as a pioneer developer of the area, securing approval for a 400-acre freehold master plan, which included its first and only golf course c...

Cover Story: Meeting the demand for upmarket living in Bukit Jalil

Tan Sri Eddy Chen is someone who truly embodies humility and approachability. Dressed in his signature white button-down shirt with rolled-up sleeves, which he once jokingly called his uniform, Chen greets City & Country with a warm smile.

A lifelong commitment to excellence in real estate

One of the most densely populated cities in the world, Ho Chi Minh City in Vietnam is infamous for its informal settlements. These land issues hinder effective urban planning and township development due to a lack of sizeable development land.

Developer’s DNA drives success in Vietnam

Sunway Property, the property division of Sunway Bhd (KL:SUNWAY), achieved strong growth in 2023, mainly driven by strategic launches, significant land acquisitions and key project completions. It launched RM4.4 billion worth of projects in Malaysia, Singapore and China that year alone.

Focusing on sustainable growth and value creation for all

As we settled in for an interview with Eco World Development Group Bhd (KL:ECOWLD) (EcoWorld Malaysia) president and CEO Datuk Chang Khim Wah, we were surprised when Tan Sri Liew Kee Sin stepped out of the shadows to greet us. The executive chairman has kept out of the public eye in recent years.

All set for next phase of growth

NEW YORK/BENGALURU (Jan 28): US stocks ended higher on Tuesday, with Nvidia and other artificial intelligence (AI)-linked technology shares recovering from sharp losses the previous day, as investors snapped up bargains.

Nasdaq leads Wall St higher; tech shares recover from Monday's sell-off

According to the World Economic Forum’s Future of Jobs Report 2025, technological change, geoeconomic fragmentation, economic uncertainty, demographic shifts and the green transition – individually and in combination – are among the major drivers expected to shape and transform the global labour market by 2030.

How secure is your job? Macrotrends shaping global labour market  

KUALA LUMPUR (Jan 28): A moderate earthquake measuring 5.9 on the Richter scale was detected in the Minahassa Peninsula, Indonesia, at 10.53pm on Tuesday night. Tremors were also felt around Semporna, Tawau, and Lahad Datu in Sabah.

Moderate earthquake jolts eastern Indonesia, tremors felt in Sabah

KUALA LUMPUR (Jan 28): Prime Minister Datuk Seri Anwar Ibrahim expressed hope that Wednesday’s Chinese New Year (CNY) celebrations will mark a fresh start, strengthening the spirit of unity and familial bonds for the benefit of the nation.

PM hopes CNY 2025 celebrations will mark fresh start to strengthen nation’s unity

KUALA LUMPUR (Jan 28): One man was killed and four others sustained minor injuries after trespassing onto the Keretapi Tanah Melayu Bhd (KTMB) railway tracks between Teluk Pulai and Klang on Tuesday.

One dead, four injured after trespassing on KTMB railway tracks

KOTA KINABALU (Jan 28): The Malaysian Anti-Corruption Commission (MACC) in Sabah has detained a former director of a state government agency for allegedly soliciting and receiving bribes worth approximately RM110,000.

MACC arrests former Sabah agency director over alleged bribery worth RM110,000

GOMA, Democratic Republic of Congo (Jan 28): Rebels seized the airport of east Congo's largest city Goma on Tuesday, potentially cutting off the main route for aid to reach hundreds of thousands of displaced people, after capturing the city in an offensive that left dead bodies lying in the streets.

Congo’s M23 rebels take control of Goma airport, embassies attacked in capital

MONTREAL/SEATTLE/WASHINGTON/BENGALURU (Jan 28): Boeing said on Tuesday that it was making progress on increasing plane production, and its shares jumped nearly 8%, despite the company recording its biggest annual loss in four years.

Boeing stock rallies on plane progress despite US$11.8b annual loss

BENGALURU (Jan 28): European shares closed at a record high on Tuesday, with retail stocks leading broader gains, as selling pressures ebbed a day after the Chinese artificial intelligence (AI) startup DeepSeek triggered a global market rout.

European shares close at record high as tech jitters abate

BENGALURU (Jan 28): The S&P 500 swung between gains and losses on Tuesday, as advancing megacap stocks including Apple helped arrest declines, even as a mixed bag of corporate earnings fuelled volatility.

S&P 500 choppy as megacap gains counter broader weakness

KUALA LUMPUR (Jan 28): Malaysia’s oil and gas (O&amp;G) upstream services segment could anticipate a stable outlook for the next three years, supported by crude oil price projections of US$70-US$80 per barrel, according to the Petronas Activity Outlook 2025-2027.

Stable upstream O&G outlook seen in Petronas Activity Outlook 2025-2027

KUALA LUMPUR (Jan 28): Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday:

MAHB, TH Plantations, Salcon, Kinergy Advancement, Datasonic, EVD, Key Alliance, Taghill, Malakoff, Eonmetall and Ecobuilt

SEOUL (Jan 28): An Airbus plane belonging to South Korean carrier Air Busan&nbsp;caught fire on Tuesday at Gimhae International Airport in the country's south, while preparing for departure to Hong Kong, fire authorities said.

Air Busan Airbus plane catches fire at S.Korea's Busan airport, no casualties

KUALA LUMPUR (Jan 28): One man was killed and four others sustained minor injuries after trespassing onto the Keretapi Tanah Melayu Bhd (KTMB) railway tracks between Teluk Pulai and Klang on Tuesday.

According to the World Economic Forum’s Future of Jobs Report 2025, technological change, geoeconomic fragmentation, economic uncertainty, demographic shifts and the green transition – individually and in combination – are among the major drivers expected to shape and transform the global labour market by 2030.

KUALA LUMPUR (Jan 28): A&nbsp;moderate earthquake measuring 5.9 on the Richter scale was detected in the Minahassa Peninsula, Indonesia, at 10.53pm on Tuesday night. Tremors were also felt around Semporna, Tawau, and Lahad Datu in Sabah.

KUALA LUMPUR (Jan 28): The Ministry of Investment, Trade and Industry (Miti) needs to intensify efforts in formulating strategies to ensure the trade and investment target of RM13 billion at the World Expo 2025 in Osaka, Japan, (Expo 2025 Osaka) is achieved.

Miti must intensify efforts to achieve RM13b trade and investment target at World Expo 2025 in Osaka — Fadillah

BENGALURU (Jan 28): The S&amp;P 500 swung between gains and losses on Tuesday, as advancing megacap stocks including Apple helped arrest declines, even as a mixed bag of corporate earnings fuelled volatility.

KOTA KINABALU (Jan 28): The Malaysian Anti-Corruption Commission (MACC) in Sabah has detained a former director of a state government agency for allegedly soliciting and receiving bribes worth approximately RM110,000.&nbsp;

MONTREAL/SEATTLE/WASHINGTON/BENGALURU (Jan 28): Boeing said on Tuesday that it was making progress on increasing plane production, and its shares jumped nearly 8%, despite the company recording its biggest annual loss in four years.

GOMA, Democratic Republic of Congo (Jan 28): Rebels seized the airport of east Congo's largest city Goma on Tuesday, potentially cutting off the main route for aid to reach hundreds of thousands of displaced people, after capturing the city in an offensive that left dead bodies lying in the streets.

KUALA LUMPUR (Jan 28): Prime Minister Datuk Seri Anwar Ibrahim expressed hope that Wednesday’s Chinese New Year (CNY) celebrations will mark a fresh start, strengthening the spirit of unity and familial bonds for the benefit of the nation.

BENGALURU (Jan 28): European shares closed at a record high on Tuesday, with retail stocks leading broader gains, as selling pressures ebbed a day after the Chinese artificial intelligence (AI)&nbsp;startup DeepSeek triggered a global market rout.

NEW YORK/BENGALURU (Jan 28): US&nbsp;stocks ended higher on Tuesday, with Nvidia and other artificial intelligence (AI)-linked technology shares recovering from sharp losses the previous day, as investors snapped up bargains.

Rachel Chew

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Rachel Chew

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