Office, retail, industrial and logistics property, hospitality assets and the data centre pipeline.
Singapore property developer CapitaLand and entertainment company Neon are among the firms cashing in on Chinese consumers' growing appetite for experiences, from immersive dining to interactive exhibitions. At Raffles City The Bund in Shanghai, CapitaLand's shopping mall houses Xuyan, an immersive dinner theatre that transports guests back to China's Tang dynasty, complete with imperial-inspired costumes. A dress-up package costs S$55 (US$43), while seats can go for as much as S$133, yet tickets are booked six to seven months in advance.
Malaysia's trade ministry is investigating SpeedMatrix, a Malaysian subsidiary of Singapore-based cloud firm Megaspeed, over whether AI chips brought into the country were re-exported in breach of export controls. The probe follows the resignation of Nvidia CEO Jensen Huang amid allegations that Meg
Komarkcorp Bhd is seeking shareholders' approval to sell a freehold industrial property in Taman Cheras Jaya, Selangor, to QM Print Sdn Bhd for RM40 million. The company plans to use the proceeds for working capital and debt repayment, despite an estimated net loss of RM3.82 million after expenses.
Pegasus Heights Bhd plans a RM98 million commercial project in Port Dickson, Negeri Sembilan, comprising 68 double-storey shopoffices and a commercial plot. The development is expected to begin in the second quarter of 2027, subject to approvals, and is part of a diversification strategy backed by a
Japan's Mitsui Kinzoku Co Ltd has approved a ¥46 billion (RM1.18 billion) budget for land and buildings as part of its ¥190 billion (RM4.87 billion) Malaysian copper foil plant. The plant, located near its existing Shah Alam subsidiary, will add significant capacity for MicroThin and VSP copper foil
A Penang Island City Council (MBPP) smart city study report proposes building-efficiency upgrades, integrated flood monitoring, and urban data platforms for Penang island. The action plan, launched alongside Penang’s statewide Smart City Blueprint 2040, sets milestones including smart metering for n
Eco World Development Group has signed an MoU with NS Corporation to study a desalination water treatment plant as an alternative industrial water supply for its parks in Negeri Sembilan. The one-year pact covers Eco Business Park VII and future projects, aiming to boost the state's appeal for high-
Stavian ED, a subsidiary of Stavian Group, held a groundbreaking ceremony on 12 Nov for the 110 kV Lap Thach 4 Substation and Connecting Transmission Line Project in Phu Tho Province. The project includes a 2 × 63 MVA substation and 1.43 km of double-circuit transmission lines to improve power suppl
Wheelock Place on Orchard Road has been renamed LANDMARK Orchard, marking the first use of the LANDMARK name outside Hong Kong. The property was acquired in August by Hongkong Land through its Singapore Central Private Real Estate Fund in a deal valued at about S$1.1 billion.
Life sciences company Eppendorf SE has broken ground on a €40 million (RM180.92 million) manufacturing facility at Bandar Cassia Technology Park in Penang, its first in Southeast Asia. The 48,500 sq m site will produce laboratory products from its Centrifuges & Instruments portfolio, with production
VinFast officially launched the All-New VF 8 electric D-segment SUV in the Philippines, with a list price of PHP 1,548,000 with a battery subscription and PHP 1,799,000 with the battery included. First customer deliveries are expected to begin in November 2026.
Developer sales outpaced subsales in Oregeon Property Consultancy's Seremban 2 commercial dataset for 2023-2025, with 210 primary-market transactions worth RM382.56 million against 95 subsales totalling RM130.95 million. The report also details residential price movements across landed and strata se
Avaland Bhd has brought MYDIN, Maplewood International School and San Francisco Coffee to its Meria Commercial Hub in Cybersouth township. The 20-acre commercial development has a gross development value of RM370 million and its first phase is fully taken up.
United Airlines said on 11 Nov 2026 it will block AI bots from its digital platforms, citing data security and regulatory concerns. The carrier warned that third-party AI assistants could expose sensitive information, trigger unauthorised transactions, and create compliance risks with safety protoco
Malaysia plans to introduce a separate wholesale electricity market for large consumers, including data centres, by 2029 or 2030. The Energy Commission aims to accommodate data centre expansion without raising energy costs for other industries. Growing demand from large companies is deemed sufficien
A Grade A corporate office at Menara EcoWorld in Kuala Lumpur has been leased for RM19,536 per month. The tenant was attracted to the panoramic city views, independent air-conditioning system, and premium building specifications.
Europe’s largest energy grid operator, E.ON, is assessing whether former nuclear plant sites in Germany can be repurposed into data centres. The company’s finance chief said the sites offer large grid connections and attractive industrial locations, and that E.ON is working with Nvidia on a feasibil
Australian-founded fintech firm Airwallex announced on 11 Nov 2026 plans to invest over S$2 billion in Singapore over five years and grow its local workforce to more than 1,000 employees. The company officially opened its expanded office space in Guoco Tower, which serves as its global co-headquarte
A Singapore condominium shop owner has lost its legal challenge against vending machines installed outside its units at Robinson Suites. The Strata Titles Board ruled the management corporation had the authority to lease common property and ordered the owner to pay S$10,000 in costs.
Matrix Concepts Holdings Bhd is pursuing an integrated township approach for its development in the Malaysia Vision Valley 2.0 (MVV 2.0) corridor, combining industrial, commercial and residential components. The plan aims to attract industrial investors by offering more than land and factory buildin
Microsoft and other technology firms have pressed the Trump administration to stop a proposed ban on Chinese-made optical transceivers, warning it could disrupt US data centre rollout and harm the AI race. The ban, under consideration by the FCC, targets components critical for connecting servers in
Industry experts said Malaysia needs stronger industrial ecosystems, better investment coordination and more capable local suppliers to secure a greater role in global supply chains. The call came during a panel at the launch of EdgeProp's industrial report in Petaling Jaya.
SoftBank, Grab and Petroleum Sarawak will invest US$1.85 billion in two artificial intelligence infrastructure projects in Malaysia. The partners aim to build at least 5 gigawatts of data centre capacity across Sarawak and Peninsular Malaysia. SoftBank provides US$1 billion in seed capital, Grab con
Malaysia's Entrepreneur Development and Cooperatives Minister Steven Sim Chee Keong said foreign investors' tax incentives will be tied to job creation for Malaysians and business opportunities for local SMEs. Speaking at the Malaysia Industrial Forum 2026, he also urged the property sector to balan
CoreWeave beat Wall Street estimates with S$3.66 billion in third-quarter revenue, a 170 per cent surge, and lifted its 2026 revenue forecast to between US$13.0 billion and US$13.3 billion. The Nvidia-backed company, which carries US$46.9 billion in total debt, also raised its annual spending target
AmanahRaya Real Estate Investment Trust (ARREIT) has repossessed Wisma ELM in Damansara Heights, Kuala Lumpur, after its corporate tenant vacated prematurely. The affected tenancy accounts for about 7 per cent of the REIT's total portfolio gross annual rental income.
Cropmate Bhd plans to acquire four acres of vacant industrial land in Bintulu, Sarawak, for RM12 million in cash. The site, held under a 60-year lease expiring in 2078, will host a fertiliser factory and warehouse to support the group's East Malaysia expansion.
Taiwan’s Ministry of Foreign Affairs has launched the Global UAV Alliance for Resilience and Democracy (GUARD) to facilitate technology exchange and secure supply chains for uncrewed aerial vehicles. The alliance aims to expand Taiwanese drone makers’ access to international markets and build a trus
The Philippines Bureau of Customs has proposed requiring sea cargo deconsolidators handling balikbayan boxes to post P2 million in escrow, plus P500,000 per overseas partner. Analysts say the rule will squeeze small operators and raise shipping costs for overseas Filipino workers.
Ho Chi Minh City's People's Council has approved a plan to develop a network of integrated logistics zones across 10 locations, including Cat Lai, Long Binh and the area around Tan Son Nhat airport. The hubs aim to cut transport costs, reduce heavy truck traffic in urban areas and connect industrial
The ASEAN Foundation has launched a free digital learning platform, ScamReadyASEAN.org, targeting over 3 million people across Southeast Asia to combat rising online scams, including AI-enabled fraud. The platform offers courses, interactive simulations, and reporting resources, backed by $5 million
Ho Chi Minh City has said it will not sacrifice environmental protection for economic growth as it develops Can Gio into a centre for maritime trade, logistics and tourism. City officials outlined plans for a US$5 billion international transshipment port and a coastal tourism network, while stressin
Nexus Sedenak, a 2,940-acre integrated development in Kulai, is being positioned to broaden the local economy beyond data centres with a proposed inland port and mixed industrial, logistics and lifestyle components. Deputy Communications Minister Teo Nie Ching said Budget 2027 identified the project
JLL Malaysia reported a gradual recovery in the property market at its Q3 2026 media briefing on Nov 10. Office occupancy improved, industrial vacancy fell, and residential transactions remained below year-earlier levels. The consultancy highlighted demand for quality space and potential support fro
The Housing and Local Government Ministry has partnered with the Malaysian Private Accommodation Association to pilot a management framework for short-term rental accommodation in Sepang, Selangor. The proof-of-concept project launched on Nov 6 will test registration, licensing, operational standard
Megaworld Corp. recorded about 150,000 sq m of office lease renewals in the first nine months of 2026, outpacing nearly 100,000 sq m of new leases. The Tan-led developer reported a 90 per cent renewal rate among expiring contracts, with Metro Manila and provincial townships contributing to the total
A fund managed by Schroders Capital is seeking about S$220 million for Wisteria Mall in Yishun, its second attempt to sell the suburban mall after a bid last year at S$240 million failed. Knight Frank and Savills are running an expression of interest campaign, with bids due by 26 November.
Colliers Philippines reports that conventional office leasing in Metro Manila fell 26% year on year in the first nine months of 2026, while flexible workspace net take-up jumped 185% to 7,600 seats. The shift reflects occupiers favouring agility and cost predictability amid geopolitical and economic
The Bases Conversion and Development Authority has signed three lease agreements with private developers committing at least P85 million for leisure, tourism and dining projects in Clark and Camp John Hay. Property consultants say the long-term government leases help developers reduce upfront land c
Colliers Philippines warns that unpredictable government timelines for Philippine Economic Zone Authority proclamations could influence office site selection in Metro Manila. About 280,000 sq.m. of upcoming office space is awaiting PEZA status, with 106,000 sq.m. due for completion in 2026 and 174,0
Bridge Data Centres has appointed Bain Capital senior partner Drew Chen as co-chief executive, effective 1 November. Other notable moves include Brookfield hiring former M&G Japan head Manabu Fujita, and Equinix naming Effendi Azmi Hashim as managing director for Malaysia.
Australian data centre operator NextDC has halted work on all projects without customer contracts following delays and community backlash on its flagship M3 facility in Melbourne. The move comes as rivals Goodman Group and Digital Realty finalised a A$715 million (US$492 million) stake in the compan
US operator Equinix has opened its sixth Singapore data centre, SG6, with an initial investment of about S$290 million. The facility delivers 8 megawatts across 1,550 cabinets in its first phase and is among the first built under Singapore's data centre call for application framework.
Tech executive Alice Huang, a top figure at Singapore-based data centre firm Megaspeed International, has been accused of spying for China during an affair with Nvidia CEO Jensen Huang, according to media reports. Public details about Huang and the company remain sparse, with investigations ongoing
Utilities and developers racing to power AI data centres are scouring the world for second-hand gas turbines, reviving mothballed machines and converting retired jet engines, as lead times for new equipment stretch into the next decade. The secondary market is surging, but analysts warn it will only
Biscuit King, a 44-year-old snack shop on Casuarina Road in Singapore, will cease operations on 31 Jan 2027. Owner Benny Ong cited rising operating costs, a projected 30 per cent increase in packaging expenses, and an expected rental hike after the property is sold.
Raffles Hotels & Resorts has launched its first global online shop, The Little Shop by Raffles, offering bespoke ready-to-wear, luxury homeware and travel essentials. The e-commerce platform pays homage to the original boutique at Raffles Singapore that opened in 1947, featuring collaborations with
Vietnam's National Assembly has approved a 2027 socio-economic plan targeting at least 10% GDP growth and per capita GDP of S$6,100. The resolution calls for a healthy real estate market, faster infrastructure works including railways and airports, and policies to raise foreign ownership limits in n
China's 'potato capital' Ulanqab in Inner Mongolia is rapidly transforming farmland into AI data centres, with 109 computing-centre projects signed. The boom has brought compensation for farmers and new livelihoods, but raises questions about water sustainability in a drought-prone region.
Environmental organisations worldwide are using artificial intelligence to analyse climate data, track wildfires and count wildlife, even as they warn that the data centres powering AI are driving surges in electricity demand, water use and emissions. The trade-offs are expected to feature at the UN
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