Office, retail, industrial and logistics property, hospitality assets and the data centre pipeline.
Luxury cruising is shifting toward highly personalised travel, with a new generation of ships offering more space, privacy and tailored experiences. Four Seasons, Orient Express, Explora Journeys and Regent Seven Seas Cruises have launched or are preparing to launch vessels designed to emulate superyachts or luxury floating hotels. Four Seasons became the second luxury hotel group to enter the cruise market in March, launching the Four Seasons I. The 679 ft vessel accommodates 222 guests in 95 residential-style suites, with 11 dining venues, four pools, a spa, a gym and a marina deck.
The Republic of Singapore Navy has launched Sentinel, the first of four new Sentinel-class offshore patrol vessels, at a ceremony in Germany. Built by Fassmer under a MINDEF contract, the 2,700-tonne vessels will replace existing Maritime Security and Response Vessels and be progressively delivered
IOI Properties Group has proposed acquiring Shenton 101, owner of Singapore's Shenton House, from group CEO Datuk Lee Yeow Seng for S$217.06 million. The deal includes repayment of shareholder advances and paves the way for a S$1.61 billion redevelopment.
Ajiya Bhd is selling a freehold industrial property in Puchong, Selangor, to Esprit Care Sdn Bhd for RM58 million. The deal represents a 45 per cent premium over the RM40 million market valuation and is expected to complete in the first quarter of 2027.
PH Resorts Group Holdings has closed the Donatela Resort & Sanctuary in Panglao, Bohol, after the property was placed under extrajudicial foreclosure proceedings by Land Bank of the Philippines. The resort's operator, Donatela Hotel Panglao Corp., ended operations on 30 Sep 2026 and will hand over p
PNB Holdings Corp. has signed a lease agreement with creative agency RNDMD for office space at PNB Makati Center on Ayala Avenue. The 35,000 sq.m. property is currently 86 per cent leased as the company continues to build occupancy and enhance amenities.
Japanese retail giant Aeon plans to more than double its operating revenue in Vietnam to 300 billion yen (US$1.9 billion) by March 2031. It aims to expand its supermarket network to 300 stores and its shopping mall network to 30 outlets, with about 60% of its Southeast Asian investment allocated to
Filinvest Land's Filinvest Innovation Parks in New Clark City and Ciudad de Calamba have become the first industrial properties in the Philippines to receive an A+ rating under the International Finance Corporation's Building Resilience Index. The verified rating covers Ready-Built Factories at both
Japan's biggest power generator JERA has signed an MoU with Dell Technologies and UK-based RHAELM to develop a standardised framework for AI infrastructure, starting with a US$15 billion hyperscale data centre in Chiba. The facility will deliver 400 MW of capacity in phases from 2028, with JERA supp
Malaysia Aviation Group (MAG), parent of Malaysia Airlines, has signed a sale and purchase agreement to acquire Airbus unit Sepang Aircraft Engineering. The deal is targeted for completion in 2027, subject to regulatory approvals. No financial details were disclosed.
Klanggroup Development Sdn Bhd has handed over vacant possession of two fully sold industrial developments in Kapar and Jenjarom, Selangor, with a combined gross development value of RM1.74 billion. As of September 2026, 82 of 170 factory units at Kapar and 113 of 162 factory units at Jenjarom are o
Battersea Power Station in London has welcomed its 50 millionth visitor less than four years after opening. The Malaysian-owned development is preparing for its next phase, with a planning application submitted to deliver up to 3.2 million sq ft of residential, commercial, cultural and leisure space
The Malaysian Anti-Corruption Commission has proposed procurement and advisory changes for two Felda projects, including the Agro Park (Commercial) Project and Cattle Trading Pilot Project. Felda and its subsidiaries have agreed to implement the recommendations, which come amid separate MACC investi
WTK Holdings has agreed to sell three leasehold industrial properties in Perai, Penang, to NationGate System for RM38 million cash. The disposal, which follows a fire at its manufacturing facility, will support its shift towards an asset-light tapes business.
PTT Synergy Group Bhd plans to acquire four freehold industrial properties under construction in Bandar Bukit Raja, Klang, Selangor, for RM31.997 million. The acquisition, to be funded through bank borrowings, is intended to accommodate the group's business expansion.
MERALCO PowerGen Corp. (MGEN) and VITRO REIT, Inc. have signed an MoU to jointly study data centre developments integrated with renewable energy and power generation. MGEN will identify potential sites and power arrangements, while VITRO will lead design and hyperscaler engagement.
QIC, a Queensland government-backed fund manager, plans to invest over A$600 million (US$418.3 million) to redevelop Sydney’s Castle Towers mall, adding 70 stores and a rooftop health club. Construction begins in October and is expected to complete in late 2029. The investment follows A$2 billion in
Brookfield India REIT and NCW, a venture of Nuvama and Cushman & Wakefield, have completed a INR 17 billion (S$177.2 million) purchase of three floors at Godrej BKC in Mumbai's Bandra Kurla Complex. The partners each own half of the 264,000 sq ft office space, with NCW investing through its Prime Of
Apple plans to enter the smart-home hub market on 13 Oct with a device code-named J490, according to Bloomberg News. The company will also unveil an updated HomePod mini and a new TV set-top box. The hub will feature a 6-inch display and personalized user recognition.
The Department of Science and Technology and Capiz State University inaugurated two facilities on Tuesday to develop homegrown agricultural machinery for local farmers and fisherfolk. The i-Lab ProMaTech and MATEC, located at the CapSU-Burias Campus, will handle design and fabrication of post-produc
The Alliance of Concerned Teachers (ACT) Philippines has called for a broader investigation into 'ghost' school projects nationwide, following Commission on Audit findings that 66% of classrooms funded under the Basic Education Facilities Fund were not built. The group also flagged unverified vouche
Samuel Tan, a 20-year-old Ngee Ann Polytechnic graduate, won bronze in digital construction at the WorldSkills Competition in Shanghai, Singapore's first medal in the category. His win contributed to Singapore's best-ever showing with 27 awards at the biennial event.
Malaysia Transport Minister Anthony Loke has agreed with Prime Minister Anwar Ibrahim that his resignation, announced in protest of Najib Razak's conditional pardon, will take effect only when Najib begins house arrest. Analysts say the move limits Cabinet disruption and buys time for Anwar, but ris
Marriott International and IOI Properties Group have signed a portfolio deal for four new-build hotels in Malaysia, adding 888 rooms under brands including The Ritz-Carlton, W Langkawi and Aloft by Marriott. The agreement expands a long-standing partnership that will bring IOI Properties' total hote
Former Felda director-general Datuk Faizoull Ahmad claimed trial on Sept 30 to a cheating charge linked to a power of attorney that allegedly transferred 16 parcels of Felda land at Jalan Semarak, Kuala Lumpur. The court granted bail of RM70,000 and set case management for Nov 6.
KIP Real Estate Investment Trust has completed its RM435 million purchase of Setapak Central Mall in Kuala Lumpur. The 99-year leasehold mall has a net lettable area of 514,777 sq ft and was 99.89% occupied as at Feb 28, 2026. The acquisition was partly funded by a RM163 million placement of new uni
OpenAI has launched Dots, always-on autonomous agents that manage projects across apps, targeting the enterprise market and competing directly with Meta's Muse. The company also reported 35 million weekly users of Codex and ChatGPT Work, while facing scrutiny over rogue AI activity.
Metro Retail Stores Group plans to develop a three-story retail complex in Ormoc City, Leyte, with groundbreaking targeted for late 2026. The project will house a Metro Supermarket, department store and commercial spaces, creating jobs and supporting local vendors.
The National Museum of Singapore's Singapore History Gallery reopens on Oct 10 after its first full revamp since 2006, adding new research, artefacts and interactive elements. The reopening coincides with nine days of anniversary festivities from Oct 10 to 18.
OGX Group Bhd is seeking shareholders' approval to buy a three-storey detached warehouse with a four-storey office annex in Bukit Jelutong, Shah Alam, for RM19 million cash. The property will serve as the company's new headquarters, with relocation expected in the fourth quarter of 2027.
Coalfields Retail Park has welcomed over 390,000 visitors since its soft opening from Sept 10 to 16. Developer KLK Land aims for five million annual visitors and full occupancy by 1Q2027.
Parkson Holdings Bhd’s Hong Kong-listed subsidiary, Parkson Retail Group Ltd, has signed a 20-year lease for about 38,511 sq m at Zijing Plaza in Mianyang, China. The lease, starting from July 2027, will see the group operate a shopping centre under the Parkson name. Rent is the higher of a guarante
A new tunnel connecting Zhongxiao E Road to the National Biotechnology Research Park in Nangang District opened yesterday. The S$1.878 billion (US$59.07 million) tunnel cuts travel time between Nangang and New Taipei City’s Sijhih District from 15-20 minutes to under 10 minutes during peak hours.
The National Chungshan Institute of Science and Technology opened its new drone campus in Chiayi County's Minsyong Township and broke ground on the adjacent Minsyong Aerospace and Drone Industrial Park. The park, scheduled for completion in 2028, is expected to host 100 companies, create 1,200 jobs
Fitch Solutions unit BMI says the Philippines must use its subsea connectivity and secure power supply to compete for hyperscale data centre deployments as neighbouring markets near saturation. The country has 43 MW under construction and 221 MW planned, with a target of 1.5 GW of capacity by 2028.
Australia's largest property company, Goodman Group, has withdrawn its development application for the A$1.2 billion Project Mars data centre in Lane Cove, Sydney, following fierce local opposition. The 90-megawatt facility would have been located just 20 metres from homes.
Cushman & Wakefield has been appointed by Stavian High-Tech Infrastructure Corporation to conduct a feasibility study for Stavian Digital Park, a proposed hyperscale digital technology park in Ho Chi Minh City. The study, funded by the U.S. Trade and Development Agency, will assess market demand, po
Semiconductor industry players have committed more than S$500 million (US$390 million) to research and development projects in Singapore over five years from 2026, exceeding the over S$400 million spent between 2020 and 2025, according to A*STAR. The investment aims to sharpen Singapore's edge in ad
GUH Holdings Bhd has received the final CNY39 million compensation payment for the repossession of its state-owned land use rights in Suzhou, China, completing the disposal. The total compensation of CNY195.01 million (RM114.90 million) covers the industrial site and buildings at 588 Changjiang Road
The unit pricing pilot programme in Singapore will expand from 1 Oct 2026 to cover more supermarket operators and a wider range of grocery items, including online stores for the first time. Operators Don Don Donki and RedMart will join existing participants NTUC FairPrice, Sheng Siong, Prime Superma
Perak state executive councillor Loh Sze Yee says discussions with local and foreign investors for Tanjong Malim's automotive ecosystem continue after BYD dropped plans for an assembly plant there. Loh declined to identify the parties or disclose potential investment values. Separately, Setia Awan L
Japan's services producer price index rose 3.7% in August from a year earlier, the fastest annual pace since June 2024. The increase, driven by freight, advertising and rental lease fees, keeps the Bank of Japan on track for further rate hikes after it raised rates to 1.25% this month.
Sunway Healthcare Holdings Bhd, through its 99.9%-owned subsidiary Sunway Medical Centre Sdn Bhd, has signed a RM10.79 million deal to acquire a 2.1-acre freehold parcel in Bandar Seremban, Negeri Sembilan. The site will be developed into a medical centre, with completion expected in Q1 2028.
Penang expects about 70,000 sq ft of additional space for its Penang Silicon Design @5KM+ initiative to become available by early 2027 as it moves ahead with Campus II. GBS@Mayang in Bayan Baru is one location identified for the new campus, though the state has not confirmed if it will accommodate a
Taiwan Semiconductor Manufacturing Co intends to build five additional advanced packaging plants at Chiayi Science Park, which would bring its total there to 10. The National Science and Technology Council has opened a public comment period for the park's Phase III development, estimated at 198.65 h
Megawide Construction Corporation posted a 22 per cent increase in first-half net income to P532 million as of June 2026, supported by growth across its construction, real estate and transport businesses. The company aims to deliver 100,000 socialised housing units over the next five to seven years
The Association of Chain and Franchise Promotion, Taiwan reported that 9.5% of convenience stores nationwide did not operate around the clock in 2022, with the share expected to rise this year due to labour shortages and a low birthrate. Operators including 7-Eleven and FamilyMart have adjusted hour
Singapore has emerged as the world's top destination for cross-border commercial property investment, with deals reaching S$10.3 billion in the first half of 2026. Global international property investment jumped 56 per cent to US$71.8 billion, driven by a resurgence in office sector deals across Asi
Singapore-listed UOL, part of the Wee family's business empire, is in discussions to acquire the combined 100 per cent stake held by New World Development and the Abu Dhabi Investment Authority in the Hyatt Regency Hong Kong, Tsim Sha Tsui. The deal, valued at HK$382 million (S$66 million), would se
Selangor's planning department has approved Draft Amendment 3 to the Kuala Langat Local Plan 2030, pending state gazettement. The amendment rezones 601 lots across 37,073.70 acres, with Carey Island as its strategic centrepiece, positioning the island as a port-industrial platform linked to the IDRI
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