The Penang property market was stable in the fourth quarter of 2024 (4Q2024), according to Nawawi Tie Leung Property Consultants Sdn Bhd executive director Saleha Yusoff in presenting The Edge Malaysia | Nawawi Tie Leung Property Consultants Penang Housing Monitor 4Q2024.

“In 4Q2024, th...

The Edge Malaysia | Nawawi Tie Leung Property Consultants Penang Housing Monitor 4Q2024: Market sees stable performance in 4Q2024,   driven by residential sector

Lapatoo House is all about family. Anchoring the 2-storey semi-detached home in Taman Tun Dr Ismail, Kuala Lumpur, is a central void that acts as a singular volume connecting the ground and first floors both horizontally and vertically.

This design feature is inspired by a particular re...

Designworks: Family at heart

The 2.61-acre freehold land on Jalan Ampang, Kuala Lumpur, that was previously home to SJKC Lai Meng will be soon developed into a mixed-use project called Armani Hallson KLCC by the Armani Group.

Chris Yong, deputy CEO of the Armani Group, says the development consists of small office ...

Cover Story: Eight launches in 2025

The April 21 cover story of City & Country features SPB Development Bhd and siblings CEO Datuk Jacky Yap, CFO Datuk Sean Yap and COO Yap Lih Shyan as they share about the new chapter in the company’s journey upon listing, their personal and professional relationships, as well as plans for the company.

Building on a legacy

Experience-driven spending as opposed to product-centric consumption is expected to drive the global lodging industry, placing itself at the centre of the growing “experience economy”, according to JLL’s Global Hotel Investment Outlook 2025 report. It highlights three themes to look out for in 20...

New experiences, changing demographics and AI to influence hospitality industry

Ho Chin Keng has had a passion for the arts from a young age. “I have been interested in anything that is related to the arts since I was young and it was my school teacher who suggested I pursue architecture.”

After completing his SPM, he pursued a degree in architecture at Universiti ...

Designworks: Guided by design thinking process

Kuala Lumpur-based Radium Development Bhd (KL:RADIUM) is diversifying into the healthcare sector with the development of Radium Hospital @ Ayer Keroh in Melaka through its wholly-owned subsidiary, A Famosa Specialist Hospital (Malacca) Sdn Bhd, says group managing director Datuk Gary Gan.

...

Cover Story: Radium in hospital venture to diversify its business

Mah Sing Group Bhd reported a strong market response to its latest township development, M Legasi, with over 90% of units in the first phase of the Impira series sold.

Mah Sing’s M Legasi township in Semenyih sees over 90% take-up for first phase of landed homes

Following Malaysia’s improved real estate market amid economic growth in 2024, Knight Frank Malaysia expects to enter this year with a cautiously optimistic outlook. The commercial sector, in particular, is predicted to have positive market sentiment underpinned by favourable foreign direct inves...

Knight Frank survey indicates optimism for Malaysia’s commercial sector this year

KUALA LUMPUR (April 13): The much-coveted 2.61-acre land in the KLCC area will soon be developed into a RM3 billion mixed-use development, named Armani Hallson KLCC.

Unlocking value of Lai Meng school land

The second phase of 22 Quartz by Mitraland Group has achieved a 95% take-up rate since it opened for sale last August. Located in Setia Alam, Selangor, it comprises 116 units of 3-storey houses.

According to the developer, 22 Quartz is named after the 22-acre freehold tract on whic...

Phase 2 of Mitraland’s 22 Quartz 95% taken up, third phase launched

As the real estate market continues to grow, so does the demand for property inspections to identify building defects upon vacant possession. House defect inspection services have grown in popularity in recent years, providing homeowners a sense of security for a small fee.

In November ...

Know Your Stuff: What you need to know bout house defect inspection

Malaysian property developers are optimistic that demand will pick up in the second half of the year, according to an industry survey by the Real Estate and Housing Developers’ Association (Rehda) Malaysia.

More than half of the respondents in the survey expressed increased confidence i...

Property developers more optimistic about 2H2025 despite challenges — Rehda survey

A new, ambitious mixed-use project, The Peninsula, is set to make its mark in Kota Kinabalu, Sabah. Its developer Trillium Development Sdn Bhd may be a relatively new name in the property development industry, but its parent company MK Group has had a long history in the state.

Founded ...

Cover Story: Trillium Development unveils mixed-use project The Peninsula in Kota Kinabalu

Nintendo Co said it is seeing overwhelming demand for its upcoming game console Switch 2 in Japan, in a sign the gadget could be on track for the biggest hardware launch in the video game industry’s history.

Nintendo says demand for Switch 2 console in Japan overwhelming

After four years, the XPRIZE has winnowed down a list of 1,300 companies to choose the winners of its US$100 million (RM439.10 million) competition for startups that remove carbon from the atmosphere.

Elon Musk-backed XPRIZE awards US$100m for carbon removal

Sarawak Consolidated Industries Bhd (KL:SCIB) on Wednesday clarified that its subsidiary’s RM19.72 million recovery claim against Awana JV Suria Saga Sdn Bhd has not been withdrawn, but has instead been consolidated into a main suit to streamline litigation proceedings.

SCIB clarifies suit against developer Awana JV over scrapped Perak project still on

While many investors have been scared away from tech giants at the centre of this year’s equity rout, the companies are likely to continue ploughing money into buybacks that will offer at least one source of continuing support for the stocks.

Tech giants to plow US$500b cash hoard into more buybacks

Thailand may need at least 500 billion baht (US$15 billion) for economic stimulus measures to address the impact of US tariffs, its finance minister said on Wednesday.

Thailand may need US$15 billion of stimulus to cope with US tariffs, minister says

Airbus SE plans to source some metal to manufacture its aircraft from Saudi Arabia as part of a widebody aircraft deal with the kingdom’s flag carrier.

Airbus to source titanium from Saudi Arabia as part of jet deal

AME Real Estate Investment Trust (KL:AMEREIT) on Wednesday reported a marginal increase in net property income (NPI) for its fourth financial quarter, thanks to contributions from two newly-acquired industrial properties which were, however, offset by higher operating expenses.

AME REIT posts slight rise in 4Q property income, to pay 1.83 sen per unit

IGB REIT and IGB Commercial REIT reported higher earnings in the first quarter ended March 31, 2025, but warned investors of challenges ahead.

IGB REITs report higher Q1 earnings but warn of challenges ahead

Malaysian stocks rose on Wednesday with the benchmark index retaking a key psychological level as potential US tariff relief injected hope of easing trade tensions into Asian markets.

Malaysian stocks climb, KLCI retakes key level amid hope for easing trade tensions

Axis Real Estate Investment Trust (Axis REIT) net income rose 16.2% to RM49.13 million in its first quarter ended March (1QFY2025) from RM42.27 million in 1QFY2024, as new acquisitions, tenancies and rental rates boosted its property income.

Axis REIT 1Q income jumps on new acquisitions, tenancies and rental rates

Sapura Holdings Sdn Bhd's founder Tan Sri Shamsuddin Abdul Kadir took the stand on Wednesday as the company's winding-up case continued, following a breakdown in settlement talks between his sons, feuding brothers Tan Sri Shahril Shamsuddin and Datuk Shahriman Shamsuddin.

Sapura Holdings founder Shamsuddin takes the stand as sons' settlement talks fail

KUALA LUMPUR (April 23): Johor Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han announced that Forest City’s Special Financial Zone (SFZ) has welcomed its first family offices, CMY Capital Family Office and Yow Kee Family Office, and attracted interest from 30&nbsp;other companies to set up operations in Johor Bahru.

Forest City SFZ welcomes first two family offices, sees interest from 30 other companies

US President Donald Trump said he plans to be “very nice” to China in any trade talks, and that tariffs will drop if the two countries can reach a deal, a sign he may be backing down from his tough stance on Beijing amid market volatility.

Trump floats 'substantial' China tariff cuts in trade deal

A longtime board member of City Developments Ltd, the property giant controlled by Singapore’s wealthiest family, lashed out at several other directors on Wednesday over a recent feud that rocked the developer and the billionaire Kwek clan.

Singapore Kwek clan’s CDL investor meeting turns acrimonious

Several areas in Selangor were affected by flash floods following heavy rainfall since early Wednesday morning.

Selangor Fire and Rescue Department assistant director of operations&nbsp;Ahmad Mukhlis Mukhtar&nbsp;said the affected areas were&nbsp;Sungai Buloh, Petaling Jaya&nbsp;and Subang Jaya.

Flash floods hit several areas in Selangor, no evacuations reported

Malaysia’s headline inflation decelerated to its slowest in four years as price gains at restaurants and of other non-food items&nbsp;eased.

Malaysia's consumer inflation slowest in four years as non-food price gain eases

Malaysia lost billions in potential income — between 4.00% and 9.49% of its gross domestic product (GDP) in 2025 — by excluding non-citizen children born in the country from formal education, according to a joint policy paper by the Social Wellbeing Research Centre (SWRC) and Unicef Malaysia.

Malaysia lost billions by not educating non-citizens — study

European stocks rebounded on Wednesday, as investors drew some relief from US President Donald Trump saying he had no plans to fire the head of the Federal Reserve, and hinting at lower tariffs for China.

Stocks, dollar gain after Trump backtracks on remarks over Fed

The Kedah government has been alerted to an&nbsp;encroachment along a section of Petronas’&nbsp;gas pipeline route in the Pendang district, believed to have been taking place for several years.

Encroachment detected on Petronas gas pipeline route in Kedah — exco

The imposition of US duties on solar panels from Southeast Asia&nbsp;will have far-reaching implications for&nbsp;the manufacturing base across the region, according to the Federation of Malaysian Manufacturers (FMM).

US solar duties threaten Malaysia's role in global clean energy supply chain, says FMM

Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz and his team have arrived in the US to urge US officials to review tariffs on Malaysian imports.

Zafrul lands in US, to meet with US Trade Rep Jamieson Greer over tariffs

The International Monetary Fund (IMF) has downgraded its real gross domestic product (GDP) growth forecast for Malaysia to 4.1% this year, from its January estimate of 4.7%, in line with a broader reduction in regional projections.

IMF cuts real GDP growth forecast for Malaysia to 4.1% in 2025

US Treasury Secretary Scott Bessent told a closed-door investor summit on Tuesday that the tariff stand-off with China cannot be sustained by both sides, and that the world’s two largest economies will have to find ways to de-escalate.

US Treasury Secretary Bessent expects tariff stand-off with China to de-escalate

Ferrotec Holdings Corporation, a Japanese advanced materials and component company, will be investing RM1 billion for the construction of its second manufacturing facility in Kulim, Kedah.

Japan's Ferrotec to invest RM1 bil in second plant in Kedah

KUALA LUMPUR (April 23): Bumi Armada Bhd (KL:ARMADA) is expected to report strong earnings in first quarter of 2025 (1QFY2025), but foresees a drop in the following quarters as its floating, production, storage, and offloading (FPSO) Kraken vessel sees a steep cut in its daily charter rates.

Bumi Armada to post strong 1Q earnings, later quarters impacted by FPSO Kraken rate cut — Maybank IB

KUALA LUMPUR (April 23): Bank Rakyat has launched the eGold Account-I, a shariah-compliant digital gold investment accessible via its internet banking platform.

Bank Rakyat launches Islamic gold investment platform eGold Account-i

(April 23): Intel Corp is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of the matter.

Intel to announce plans this week to cut more than 20% of staff — Bloomberg

KUALA LUMPUR (April 23): Malaysia’s exports are likely to be impacted by the imposition of any direct tariffs, global growth slowdown or possible recession, but the longer-term outlook remains bright, as there is room for the country to benefit from supply chain diversification, said Franklin Templeton.

Direct tariffs may likely impact Malaysia’s exports; outlook bright on supply-chain diversification — Franklin Templeton

Former Goldman Sachs Group Inc banker Roger Ng Chong Hwa can testify as a defence witness in the ongoing 1Malaysia Development Bhd (1MDB)-Tanore criminal trial of former prime minister Datuk Seri Najib Razak.

Ex-Goldman banker Roger Ng can testify as Najib's defence witness, court rules

KUALA LUMPUR (April 23): Malaysia’s 30-stock benchmark FBM KLCI constituents will achieve modest earnings growth of 2% in 2025, even under a stressed scenario involving escalating tariff risks, according to Kenanga Research’s latest market strategy report.

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