NEWS: Construction sector grew over 20% in 2Q2024, spearheaded by the buoyant performance of the civil engineering and residential buildings sub-sectors. NEWS: PM Anwar has instructed the Federal Territories Department and DBKL to incorporate affordable Madani housing blocks in every new residential project. NEWS: Government ordered to transfer 263.27-acre "Duta Enclave" to Semantan Estate (1952) Sdn Bhd liquidators. NEWS: Yong Tai Bhd is selling its 5-star hotel Courtyard by Marriott Melaka for RM160 million to Southern Envoy Sdn Bhd. NEWS: Construction work on the Light Rail Transit 3 (LRT3) from Bandar Utama to Johan Setia in Selangor has reached 95.6% and the line is expected to be operational in 3Q2025. NEWS: Avaland Bhd topped out Alira Subang Jaya, a serviced residence in Metropark, Subang Jaya, which has achieved a 95% take-up rate, on July 29. NEWS: Construction company TCS Group Holdings Bhd has secured a RM130.15 million contract to undertake construction of the 630-unit Arcadia Residences serviced apartments at Bandar Saujana Putra, Selangor in a related party transaction. NEWS: Bursa Malaysia Bhd will only move its “front office” to TRX, not its entire operation, according to its chairman Tan Sri Abdul Wahid Omar. NEWS: IOI Properties Group Bhd is acquiring the 7-storey Tropicana Gardens Mall in Kota Damansara, Petaling Jaya for RM680 million from Tropicana Corp Bhd. NEWS: International tourist arrivals in Malaysia have increased significantly this year, with 9.48 million visitors as of May 2024 compared to 7.48 million tourists in the same period last year. NEWS: NCT Group announced the topping out of the remaining two towers of its Grand Ion Majestic (GIM), a RM1.6 billion three-tower mixed development located in Genting Highlands, Pahang.
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