Meeting Datuk Tony Ling, the newly appointed CEO of IJM Land Bhd, is like catching up with an old friend. Greeting us with a warm smile and firm handshake, he exudes a calm confidence from his years in the industry.

Having only taken the helm of the property arm of IJM Corp Bhd (KL:IJM)...

Cover Story: Revitalising Pantai Sentral Park

For 2025, the country’s real estate market is anticipated to be driven by the robust industrial sector, evolving office and retail markets, rebounding hospitality sector and sustained residential market, according to Knight Frank Malaysia’s Real Estate Highlights 2H2024 report that was launched i...

Knight Frank: Trends driving real estate in 2025, with a focus on sustainability

Chin Hin Group Property Bhd (KL:CHGP) has big plans this year. It aims to achieve a sales target of RM2 billion and expand into Melaka and Johor this year. In this week's cover story,  Chiau Haw Choon, the group managing director of its parent company, Chin Hin Group Bhd (KL:CHINHIN), talks about the encouraging sales of RM1.3 billion last year and his target this year. Of the RM2 billion sales target, RM1.4 billion will come from existing projects and the remaining RM600 million from new launches. In addition, he unveils the developer’s plan to venture overseas after establishing a firm foundation in the domestic market.

Upping its game

Shayher Group’s latest development, The Skies Kuala Lumpur, will debut this month.

Located diagonally across from Sunway Medical Centre Velocity on Jalan Cheras, the RM193 million leasehold serviced apartment project is a joint venture between Shayher Group’s subsidiary Warisan Tra...

Shayher Group to launch new serviced apartment project on Jalan Cheras

Malaysia’s property market, which experienced positive growth across all sectors in 2024, is expected to maintain steady growth in 2025, according to speakers at the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) 17th Malays...

Real estate market to see steady growth ahead

The new office of MaMing Group of Companies at PJX HM Shah Tower in Petaling Jaya, Selangor, takes up 6,760 sq ft — considerably larger than its previous 1,173 sq ft space in that tower. Its director Lee Yan Yaw says the move is in anticipation of a very busy year for the group with the planned r...

Cover Story: MaMing launching six projects this year

IJM Land Bhd’s newly-appointed CEO Datuk Tony Ling has plans for the developer, starting with the revised master plan of its vertical township development in Kuala Lumpur, Pantai Sentral Park (PSP). In this week's City & Country cover story, Ling shares how he wants the company to move in a different direction and expand its experience and property product portfolio. On top of that, he introduces a new mixed-use development in PSP called Enlace, with residential, commercial and retail offerings as well as a wellness component.

Building on a new vision

The Australian government has announced a two-year ban on foreigners buying homes on the secondary market, starting this April until March 31, 2027. The ban, part of efforts to tackle surging house prices, is expected to free up around 1,800 homes per year for local buyers. Overseas investors wil...

Minimal impact from Australia’s ban on foreigners buying homes

The Johor Bahru property market is on a positive growth trajectory, driven by new project announcements and government initiatives throughout the year, says Olive Tree Property Consultants (Johor) Sdn Bhd CEO Samuel Tan when presenting The Edge Malaysia | Olive Tree Property Consultants Johor Bah...

The Edge Malaysia | Johor Bahru housing Property Monitor (4Q2024): Market on a positive growth trajectory

As one of the last remaining large tracts available for development in the Klang Valley, Kwasa Damansara in Selangor was a popular focus on the market even before master developer Kwasa Land Sdn Bhd finalised the purchase of the site in 2012.

The township falls within the jurisdiction o...

Cover Story: From master plan to reality

Rental rates in the Greater Kuala Lumpur logistics and industrial market are expected to see an increase in 2025, according to JLL Appraisal & Property Services Sdn Bhd (JLL Malaysia).

At the JLL Malaysia 1Q2025 press conference held on Jan 22, focusing on the Malaysian property sec...

JLL Malaysia: Warehouse rental rates in industrial hotspots expected to rise in 2025

The second phase of Low Yat Group’s Amaya, known as Amaya Series 2, achieved a 95% take-up rate as at mid-February.

Low Yat Group’s RM263.3 million Amaya series is the developer’s first landed strata development in the past 20 years and is part of the 145.68-acre Acacia Park residential...

Low Yat Group’s Amaya Series 2 in Rawang 95% sold

MaMing Group of Companies director Lee Yan Yaw anticipates a very busy year ahead, with the planned roll-out of six projects. Lee himself is surprised at the company’s growth as it was set up less than five years ago. In this week’s cover story, he talks about the new launches this year that have a total estimated gross development value of just under RM530 million in Selangor, Perak and Melaka.

Persistence the key to growth

IN Lahad Datu on the east coast of Sabah, a 400 megawatt-hour (MWh) battery storage project is set to be Asean’s largest to be commissioned to date. To be completed in July, the project is also the first in Malaysia, putting Sabah ahead of the other states in setting up such an infrastructure.

Sabah’s high-stakes electricity overhaul

The Competition and Consumer Commission of Singapore (CCCS) has not received notification from ride and delivery companies Grab or GoTo on a proposed merger, it said on Wednesday.

Singapore competition watchdog says no guidance yet on Grab, GoTo merger plans

The Penang government has listed 10 priority projects under the Special Application for Development Projects in the First Rolling Plan of the 13th Malaysia Plan (13MP), with an estimated total cost exceeding RM11 billion.

Penang lists 10 priority projects for application under First Rolling Plan of 13MP

Malaysia Airlines confirmed that Flight MH720, en route from Jakarta to Kuala Lumpur, initiated an emergency response following a cargo fire indication.

Flight MH720 initiated emergency response after cargo fire alert — Malaysia Airlines

Video surveillance company ITMAX System Bhd (KL:ITMAX) has secured a contract from Seberang Perai City Council worth RM26.60 million.

ITMAX bags RM26.6 mil surveillance contract from Seberang Perai City Council

Samsung Electronics said on Wednesday it is looking at major deals to drive growth as it faced tough questions from shareholders after its failure to ride an artificial intelligence (AI) boom made it one of the worst-performing tech stocks last year.

Samsung CEO says company will pursue deals as it struggles for growth

An Indonesian state-owned lender scrapped a planned sale of dollar bonds after a stock market rout in the country quickly spread to other asset classes.

Indonesia's woes spread as bank scraps bond, credit market slumps

Perodua has signed a memorandum of understanding (MOU) with My Digital ID Sdn Bhd (MyDigital ID) to secure user authentication access, as the compact car company further advance its journey in cashless transactions.

Perodua inks MOU with MyDigital ID to secure user authentication access

India is about to join the worldwide wave of steel protectionism, outlining plans for sweeping trade tariffs just a week after President Donald Trump slapped duties on all US imports.

The global steel market is facing upheaval as multiple nations put up defences to fight a flood of metal, particularly from billion-tonne producer China.

India planning tariffs of 12% on steel imports

The Bank of Japan (BOJ) kept interest rates steady on Wednesday in a widely expected move, as policymakers chose to spend more time gauging how prospects of higher US tariffs would affect the export-reliant economy.

BOJ keeps interest rates steady as Trump risk looms

The Court of Appeal (COA) on Wednesday upheld the Kuala Lumpur High Court's decision that quashed the proposed fine of RM86.77 million imposed by the Malaysia Competition Commission (MyCC) on Grab Holdings Inc, together with its subsidiaries GrabCar Sdn Bhd and MyTeksi Sdn Bhd, in 2019.

Appellate court upholds quashing of proposed RM86.77 mil fine against Grab, two others

Malaysian shares fell on Wednesday as investors returned from holiday with caution following overnight losses on Wall Street and sharp declines in neighbouring markets.

The country’s benchmark equity index FBM KLCI fell as much as 15.6 points or 1% to 1,512.21 after three consecutive sessions of gain.

Malaysian shares dip as investors return from holiday with caution

Affin Bank Bhd has signed an agreement with Halogen Capital to distribute the Halogen Shariah Defensive Bitcoin Fund, a digital asset fund with an integrated capital preservation strategy, to investors.

Halogen Capital is a digital asset fund manager licensed by the Securities Commission Malaysia.

Affin Bank to distribute Bitcoin fund managed by Halogen Capital  

US President Donald Trump released material related to the 1963 assassination of President John F Kennedy on Tuesday, seeking to honor his campaign promise to provide more transparency about the shock event in Texas.

Trump releases JFK assassination documents

The Association of Private Healthcare Malaysia (APHM) has rejected the insurance and takaful operators’ (ITOs) proposal for private hospitals to freeze costs for three years and also for the Health Ministry to regulate the pricing of pharmaceuticals or medication. 
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Private hospitals association reject calls for three-year costs freeze, regulation of pharmaceutical pricing

Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said on Tuesday, in the latest blow for German industry shaken by weak demand at home and abroad.

Siemens to cut 8% of jobs at struggling factory automation business

Corporate figure Tan Sri Mohamad Salim Fateh Din has been appointed as the new chairman of the Malaysian Anti-Corruption Commission (MACC) Anti-Corruption Advisory Board (ACAB) for the 2025-2028 session effective Feb 2.

Salim Fateh Din appointed MACC Anti-Corruption Advisory Board chairman

Bangkok Airways Pcl is gearing up to order as many as 30 new aircraft as it renews its aging fleet and plans for a tourism boost driven by the popularity of television series the White Lotus.

Bangkok Airways seeks 30 new jets as TV series White Lotus boosts tourism

Heavy selling resumed in Wall Street’s largest technology companies, with American shares snapping a two-day rebound amid signs investors are paring exposure in US risk assets. European stocks gained.

US stocks hit by tech rout on eve of Federal Reserve decision day

Asian stocks were subdued on Wednesday and gold hovered near record highs as economic worries and a shifting geopolitical landscape kept risk appetite in check, while the yen was a tad softer ahead of the Bank of Japan's (BOJ) policy decision.

Asian stocks muted, yen softer ahead of BOJ decision

Solarvest Holdings Bhd’s (KL:SLVEST) stock edged up on Wednesday, bucking broader market decline, as investors cheer its biggest job win to-date and analysts see more contract flows in coming months.

Solarvest bucks broader market decline as analysts, investors cheer contract win

Morgan Stanley is planning to cut about 2,000 employees later this month in the first major workforce reduction under chief executive officer Ted Pick.

Morgan Stanley plans about 2,000 job cuts to cut costs — Bloomberg

Bain Capital-owned data centre operator Bridge Data Centres has obtained a US$2.8 billion (RM12.43 billion) loan for its operations in Malaysia, according to people familiar with the matter, marking its largest bank financing deal ever.

Bain Capital-owned Bridge Data gets record US$2.8 bil loan

Indonesia's GoTo Gojek on Wednesday reiterated that there was no agreement with any party about a potential transaction after a media report emerged that Singapore-headquartered Grab was moving forward to buy it.

GoTo reiterates no deal in place with any party as it addresses Grab buyout rumours

Gold rose to hit a record high on Wednesday, as Middle East tensions and trade uncertainties lifted the bullion's appeal, while traders awaited the Federal Reserve's (Fed) decision later in the day.

Gold hits record high on safe-haven demand; Fed decision in focus

Kuala Lumpur Kepong Bhd’s (KL:KLK) stock may have more upside ahead, with the palm oil producer on track for a 40% surge in net profit this financial year, said RHB Investment Bank.

KLK to see jump in earnings with higher output, lower costs — RHB

It wasn’t supposed to unfold this way. Just over a year ago, optimism about Indonesia was running high, with investors expecting Prabowo Subianto to extend former president Joko Widodo’s pro-business policies.

Indonesia’s wild stock moves spark fresh investability concerns

Versa Asia Sdn Bhd (Versa), a financial technology start-up with about 300,000 registered users, has completed its series A funding round led by AHAM Asset Management Bhd (AHAM Capital).

AHAM Capital makes one of its largest investments in Versa’s RM30 mil series A funding round

HE Group Bhd’s (KL:HEGROUP) earnings could decline this year amid delays in contracts roll out, Phillip Capital warned on Wednesday and cut its target price by 48%.

Contracts delays could snag on HE Group’s earnings, Phillip Capital slashes target price by 48%

The Bank of Japan (BOJ) kept interest rates steady on Wednesday in a widely expected move, as policymakers chose to spend more time gauging how prospects of higher US tariffs would affect the export-reliant economy.

City & Country

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