KSL Riverhaus, a freehold high-rise serviced apartment development by Wawari Sdn. Bhd. under the KSL development group, is planned for the Wawari area of Iskandar Puteri, Johor. The project will comprise 2,160 serviced apartment units and 30 retail shoplots on a land size of approximately 5.661 acres, with target completion set for 2030. Unit configurations include studio, two-bedroom, two-bathroom, three-bedroom, two-bathroom and duplex or loft layouts. Unit sizes range from 501 sq ft for a studio to 996 sq ft for the largest configurations.
Property developer NCT Alliance Bhd has received Preferred Industrial Park (PIP) recognition from Invest Selangor for its NCT Smart Industrial Park (NSIP) in South Selangor. The 910-acre park has a gross development value of RM10.2 billion.
Amberwood Resort Residences, a 99-year leasehold serviced apartment development by Affluent Crafts Sdn. Bhd., has launched in Larkin, Johor Bahru. The 3.49-acre project features two 26-storey towers with 824 units ranging from 560 to 872 sq ft, priced between RM390,000 and RM819,000, with completion
The Economy Ministry confirmed in a parliamentary reply that the minimum Bumiputera equity requirement under the Property Acquisition Guidelines remains at 30 per cent. The government rejected a proposed increase to 50 per cent for private companies buying properties over RM20 million from GLCs and
UDA Property has launched Residensi Dedaun, a 37-storey freehold apartment in Bandar Tun Hussein Onn, Cheras. The development offers 341 units sized 850 sq ft to 1,160 sq ft with three-bedroom layouts, and is priced from RM394,800. Completion is targeted for 2027.
A condominium unit at Bangsar Hill Park in Kuala Lumpur has been rented for RM7,500 per month. The tenant, a Japanese corporate, was attracted by the high-standard furnishing and imported white goods, as well as the rare corner layout.
Oriental Kopi Holdings Bhd has completed the RM23 million acquisition of a leasehold factory in Puchong, Selangor, which it had been renting as its head office and warehousing facility. The purchase, funded through internal funds and bank borrowings, was settled on Oct 20 via its indirect wholly own
Construction group Asian Pac Holdings Bhd plans a RM295 million mixed development in Karamunsing, Kota Kinabalu, Sabah. The 119,479 sq ft leasehold site is jointly owned by two Chinese community organisations. The project comprises 573 commercial lots and serviced apartments, with completion targete
Sarawak Consolidated Industries Bhd has announced that its RM15.2 million agreement to acquire leasehold properties in Kolombong, Kota Kinabalu, has become unconditional. All conditions precedent have been fulfilled, paving the way for the group's expansion into property development.
RHB Research expects Malaysian REIT earnings growth to slow in 2027 as recent acquisitions enter the comparison base, shifting focus to rental increases and occupancy gains. The research house maintained an 'Overweight' rating on the sector, citing resilient earnings and stable yields despite rising
EXSIM Group has launched Causewayz Square @ Johor Bahru City Centre (JBCC), a freehold mixed-development of 4,525 units across four towers. Located about 600 metres from the Johor-Singapore CIQ Complex and near the upcoming RTS Link station, the project targets cross-border professionals and investo
REN Residence, a 1,260-unit condominium in Bukit Jalil, Kuala Lumpur, has been launched by Gaya Kuasa Sdn Bhd. The leasehold development offers layouts from 920 sq ft to 1,680 sq ft with indicative prices starting from RM580,000.
The Housing and Local Government Ministry has called on state governments to speed up the gazettement of public open spaces, noting that only 35.53% of such areas in Peninsular Malaysia and Federal Territories have been gazetted as of December 2025.
The Housing and Local Government Ministry (KPKT) will provide RM24,000 in grants for three community-led pilot projects under the Malaysia Urban Forum 2026 initiative. The projects aim to improve urban liveability, accessibility and public amenities, with implementation expected between November 202
Propel Global Bhd plans to launch Riverpoint, its maiden commercial development in Kuantan, in December 2026, with a gross development value of RM64 million. The project comprises 31 three-storey freehold shoplots along Jalan Tanah Putih, and the group is seeking shareholders' approval to diversify
Maxim has launched The Address, a freehold serviced residence development in Taman Pelangi, Johor Bahru. The three-tower project offers 2,743 units from 450 to 865 sq ft, with indicative prices from RM426,000. Its location 3 km from the Johor–Singapore CIQ targets cross-border commuters and investor
Autonomous Logistic Solutions Sdn Bhd has launched its Level 4 driverless RoboVan for public-road operations in Malaysia, the first fully driverless vehicle by a Malaysian company with a valid licence plate. The vehicle will undergo a six-month trial along Cyberjaya's 22km MyAV testing route under m
KIP Real Estate Investment Trust posted a 19.6% year-on-year rise in revenue to RM48.75 million for 1QFY2027, while net profit was broadly flat at RM17.26 million. Higher management fees and borrowing costs offset gains from its retail and industrial portfolio.
Malaysia plans to draft a Digital Infrastructure (Data Centre) Bill to regulate the data centre industry in line with energy and water supply capacity, with Cabinet submission targeted for 2027. The proposal comes as 27 projects worth RM225.97 billion have been approved under the Data Centre Task Fo
A 56-year-old man reported losing RM363,887.49 after making payments for five houses in Kuching, Sarawak, offered as bank auction properties at below-market prices. Police are investigating under the Penal Code for cheating.
Malaysia's Housing and Local Government Ministry says it rehabilitated 1,726 troubled private housing projects involving 199,643 units with a combined gross development value of RM158.16 billion between 2023 and August 2026. Of these, 1,542 sick projects were completed and obtained their Certificate
Social Democracy Malaysia has called on the National Property Information Centre (Napic) to publish more detailed data on unsold housing, including finer price bands, unit sizes and location. The call follows first-half 2026 figures showing 33,094 completed unsold residential units worth RM17.78 bil
CTC Group has launched CTC SkyOne @ Bukit Chagar, a freehold serviced apartment development in Johor Bahru city centre, approximately 300 metres from the upcoming Bukit Chagar RTS Station. The 1,627-unit project offers dual-key and triple-key layouts with indicative prices from RM584,000 to RM1.84 m
Eastern & Oriental Bhd (E&O) and OCK Group Bhd have agreed to form a joint venture to develop and operate telecommunications and digital infrastructure on E&O's 760-acre Andaman Island in Penang. OCK's unit will hold 51% and E&O's subsidiary 49%, with initial share subscriptions totalling RM2 millio
KSL Holdings has launched KSL Austin Legacy, a freehold serviced-apartment project in Seri Austin, Johor Bahru, with 1,228 units across two 25-level towers. Unit sizes range from 506 sq ft to 883 sq ft, with indicative prices starting from approximately RM261,000. The project is targeted for complet
Majestic Gen Sdn Bhd has launched Gen Sphere, a freehold serviced apartment development in Johor Bahru city centre with 996 units near JB Sentral and the upcoming Bukit Chagar RTS Link Station. Units range from 459 sq ft to 755 sq ft, with dual-key-ready layouts and indicative prices from RM609,000
A total of 227 families affected by the Kampung Manis redevelopment in Perai have been offered replacement housing. Penang state officials said 174 families still living on site will receive free 850 sq ft homes, while 53 families with ties to the settlement can buy RM150,000 units under a rent-to-o
The National Physical Planning Council has granted in-principle approval for the proposed National Maritime Port City and Carey Island Port Special Economic Zone. The development is expected to create up to 115,000 jobs and contribute RM4.7 billion to Malaysia's GDP by 2045.
UDA Holdings Bhd plans to build a 2.5-acre public park beside its Eight & Eight Condominium in Tanjung Tokong under a RM5 million allocation for public parks in Penang. The Penang government has also agreed to convert the project's land tenure from leasehold to freehold.
Paragon Globe Bhd has completed the RM238.3 million disposal of 47.86 acres of freehold land in Plentong, Johor Bahru, to Bridge Data Centres Malaysia IV Sdn Bhd. The cash consideration works out to approximately RM114.31 psf.
Tropicana Corporation Bhd has launched Clarissa Serviced Suites, the final phase of its freehold integrated development Tropicana Cenang along Jalan Pantai Cenang. The 806-unit project offers fully furnished units starting from RM668,800, with guaranteed sea views and foreign ownership allowed.
A new analysis by Rehda Institute's David S. Chong argues that Malaysia's senior-living market requires patient, long-term private capital rather than a conventional launch-and-sell approach. Drawing on a 2024 roundtable and a 2025 study trip to Melbourne, the report identifies four openings for pri
A government valuer told the High Court that no additional compensation would be payable to Semantan Estate for the Duta Enclave land if his valuation, which excluded interest, was accepted. His assessments fell below the RM1.39 million already paid by the government.
Genting Property has signed a master-planning agreement with Huawei Technologies (Malaysia) to support the design of Johor Tech Smart City (JTSC), a 2,300-acre development in Kulai with an estimated GDV of RM80 billion. The agreement formalises Huawei's role in planning a flagship 430-acre smart cam
Penang's RM33 million Mount Erskine underpass is targeted for completion in November 2030, with design work expected to finish by December 2026 and tendering to begin in February 2027. The revised tunnelling approach aims to reduce traffic disruption during construction.
Crescendo's freehold Senyum Residences serviced apartments in Johor Bahru city centre, with 1,257 units from approximately RM513,000, are positioned near the upcoming RTS Link at Bukit Chagar. The development targets cross-border commuters and investors ahead of its planned 2029 completion.
The TEDUH portal helps homebuyers check whether a developer is licensed, but a valid licence does not guarantee financial soundness or the ability to complete a project. The article calls for the portal to evolve into a developer performance profile platform that tracks completion, delivery and defe
The Court of Appeal has ordered a commission-based law firm partner to pay RM920,612.65 in outstanding proceeds from the 2014 sale of a Mont Kiara condominium, overturning two lower court decisions. The unanimous ruling found the partner liable under the Partnership Act 1961 despite his remuneration
Prime Minister Anwar Ibrahim has directed that the first phase of Universiti Malaya's Residensi Siswa student housing be completed before its 2030 target. The project, planned to house up to 40,000 students, will be monitored personally by Anwar and prioritised by government-linked entities.
IOI Properties Group has fixed Oct 30 as the entitlement date for its restricted offer of 550.61 million units in IOIPG Malaysia Real Estate Investment Trust to shareholders. Eligible holders can buy one REIT unit for every 10 IOIPG shares held, with acceptance closing on Nov 10 and listing tentativ
Malaysia's Ministry of Housing and Local Government is studying an option-to-purchase mechanism that would let homebuyers pay up to 5% of the purchase price, with full refunds plus accrued interest if developers do not proceed. The proposal aims to reduce sick and abandoned projects while giving buy
Minox International Group has applied to Bursa Malaysia for the listing of new shares to fund its RM15 million acquisition of Johor residential developer Pembinaan Dragon Point. The purchase will be paid partly in cash and partly via new shares, as Minox diversifies into property development.
SD Guthrie Bhd's non-interested shareholders have approved the proposed RM418.51 million cash sale of about 556.96 acres of freehold land in Kulai, Johor, to a wholly-owned subsidiary of Sime Darby Property Bhd. The disposal is expected to generate a net gain of approximately RM373.36 million and is
Data centre investors in Malaysia will have to bear the cost of grid upgrades and pay for committed electricity capacity even when it is not fully used, says Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani. He also announced a minimum 30% local content requirement for data cent
Johor accounts for 16 of the 27 data centre projects approved under Malaysia's Data Centre Task Force up to July 2026, with a combined investment value of RM225.97 billion. The projects are expected to create 4,053 jobs, mostly high-skilled positions filled by Malaysians.
Sunway Property said Tower C, the final tower of its Sunway Velocity 3 development in Kuala Lumpur, recorded more than 100 online unit bookings during its virtual soft launch on Oct 10. The launch follows a 98% take-up rate across Towers A and B within two years.
Selangor will host pilot projects for humanoid robots, autonomous vehicles and industrial robotics under collaborations signed at AiSEM@Selangor 2026 on Oct 15. The initiatives, led by Sidec and industry players, aim to boost local capabilities and talent in robotics and autonomous technologies.
Processed food and beverage group A1 A.K. Koh Group Bhd has completed its RM16.73 million acquisition of a 99-year leasehold commercial plot in Puchong Jaya, Selangor. The site, intended for a regional sales and marketing office, was bought through wholly owned subsidiary A.K. Koh Enterprise Sdn Bhd
A duplex penthouse at Trinity Pentamont in Mont Kiara, Kuala Lumpur, has been sold for RM3.8 million. The unit was on the market for only four days before the sale, according to Prestige Realty.
JAG Bhd has proposed acquiring freehold industrial land in Shah Alam from Japan's Kobe Steel Ltd for RM36.89 million to support the expansion of its total waste management business. The purchase price is about 12.2 per cent below the RM42 million market value assessed by Laurelcap Sdn Bhd.
