Malaysia: Kuala Lumpur and the Klang Valley, Penang, Johor and Iskandar, listed developers and the REIT market.
A KaMi Mont Kiara condominium unit in Kuala Lumpur has been leased for RM7,400 a month, according to PropNex Realty. The 980 sq ft unit was rented after two months on the market, with the owners saying they aim to help genuine tenants find pleasant homes.
The High Court has begun hearing Felda's civil suit over the Kuala Lumpur Vertical City development, nearly seven years after it was filed. Felda and its investment arm seek to recover 24 land parcels along Jalan Semarak, alleging fraud and conspiracy by former chairmen, the master developer and oth
The High Court has asked Kuala Lumpur City Hall (DBKL) to reconsider its application to stay payment of about RM1.3 million awarded to a retired couple for damage to their Cheras home caused by neighbouring construction. The judge questioned DBKL's grounds for the stay, noting the council's revenue
Malaysia has climbed to fourth place among destinations for Chinese overseas homebuyer enquiries in the first half of 2026, up from seventh in 2024, according to Juwai IQI. Industry executives cite freehold property, English and Chinese use, and prices closer to Thailand's than Singapore's as key dr
IJM Land's 'Shock and Shiok' campaign at the 3,800-acre freehold Seremban 2 township offers eligible homebuyers a chance to win one of three Proton e.MAS 5 Premium electric vehicles, collectively valued at RM209,400. Select purchasers also receive complimentary solar photovoltaic panels. The promoti
KNK Land Development Sdn Bhd has launched Taman Kristal, a 29-unit freehold terrace housing project in Banting, Selangor. Priced from RM699,990 to RM869,990, the low-density development comprises two-storey homes on 22 ft × 77 ft and 20 ft × 77 ft lots and is slated for completion in August 2027.
Mycron Steel Bhd’s RM30 million acquisition of an industrial property in Shah Alam from its parent company, Melewar Industrial Group Bhd, has become unconditional. The property, which includes a factory and office on 232,178 sq ft of leasehold land, was valued at RM30.5 million and is currently occu
Mercury Industries Bhd has completed the RM11.5 million acquisition of 22 freehold land parcels in Bandar Pekan Tanjong Kling, Melaka Tengah. The parcels, adjacent to the company's Klebang Cove Residensi Phase 1, are earmarked for a mixed residential development with an estimated gross development v
BCM Holdings Sdn Bhd, part of EcoFirst Consolidated Berhad, has launched KL48, a freehold serviced apartment development along Jalan Sungai Besi in Kuala Lumpur's Chan Sow Lin area. The project comprises two residential towers with 1,700 units, featuring compact 650 sq ft and 850 sq ft layouts, and
Japan-based V3D Asia has established Nuvah Sdn Bhd in Petaling Jaya to apply its 3D construction printing technology in Malaysia. The group plans to work with local developers on residential, commercial and infrastructure projects, and has signed a training MoU with Sunway University and a collabora
A 1,981 sq ft unit at La Grande Kiara in Kuala Lumpur changed hands for RM1,025,000, or RM517.30 psf. The buyer, a participant in the Malaysia My Second Home programme, secured the high-floor unit through an established relationship with the motivated sellers.
ETA Group Bhd has completed the RM16.5 million acquisition of a freehold industrial site in Bandar Sri Damansara, Selangor. The property includes a five-storey office/factory building with a net lettable area of about 21,794 sq ft, and the group plans to generate rental income from the asset.
Pahang Menteri Besar Wan Rosdy Wan Ismail says the state government is open to discussions with Berjaya Hills Resort Bhd over enforcement action at its Bukit Tinggi properties, but any talks must adhere to existing laws. The dispute centres on revised quit rent rates that jumped to RM33.7 million in
Majestic Flora, a freehold landed residential development in Semenyih, Selangor, has launched 140 double-storey terrace homes. Developed by Kontan Emas Sdn. Bhd., the guarded community offers two lot sizes, with prices starting from RM738,000 for Type A homes.
Scientex Bhd has proposed acquiring 502.59 acres of freehold land in Pulai, Johor, for RM580.16 million to expand its development footprint beside four existing projects. The 14 parcels are priced at RM26.50 psf and are proposed for a mixed-property development.
Sunway Malls announced that its RM1 billion Sunway Ipoh Mall is 80% leased ahead of its scheduled opening in the fourth quarter of 2027. The group unveiled 25 key brands and concepts, including seven anchor tenants and nine brands making their Perak debut.
Premierex Sdn Bhd has launched Kimori Residences, a 418-unit freehold condominium in Bukit Serdang, Selangor, with 73 per cent of Phase 1 units already booked. Prices start from RM481,600 and the project is expected to be completed in the fourth quarter of 2029.
IJM Corporation Bhd has appointed former KPMG Malaysia managing partner Datuk Johan Idris as its independent non-executive chairman, effective 5 Oct. He succeeds Tan Sri Krishnan Tan, who retired at the group's AGM in August.
SevenCo Sdn Bhd held the groundbreaking of Maison Sungai Besi, a 48-storey high-rise residential tower in Taman Castlefield, Sungai Besi, Kuala Lumpur. The project offers 537 units sized 721 to 1,206 sq ft and is the developer's first residential venture in the Klang Valley.
MKH Bhd's moneylending subsidiary, MKH Credit Corporation Sdn Bhd (MKCC), had RM127.92 million in outstanding loans and advances as at Sept 30. Unsecured loans to companies within the MKH group accounted for the bulk of the balance at RM119.5 million.
Three recent graduates participating in the Rehda Institute Youth Initiative (RIYI) 2026 took different paths on housing: one rents near work in Kuala Lumpur, one bought a RM350,000 condo in Ipoh after saving, and one used an affordable-housing scheme in Kulim. Their choices illustrate that the buy-
OCBC's latest Malaysia report highlights housing, transport, and data centre efficiency as priority areas in the government's pre-Budget statement for Budget 2027. The report, released on Sept 25, does not specify allocations or details for these measures.
S P Setia Bhd and clean energy firm Gentari, through its subsidiary Gentari Green Mobility Sdn Bhd, have signed a Memorandum of Understanding to collaborate on clean energy and green mobility solutions. The partnership will explore deploying electric vehicle charging facilities at selected Setia dev
Myra Land has launched Phase 2 of Myra Cove, a freehold lakeside condominium in Cyberjaya, offering 421 units priced from RM740,400. The development features three collections—Express, Embrace and Eden—with a four-acre private park and expected completion in October 2028.
Rimbun Saujana Residency, a 336-unit freehold condominium by Saujana Development Sdn. Bhd., is launching in the Saujana Resort enclave in Shah Alam, Selangor. Prices range from approximately RM1,055,800 to RM1,459,800, with completion expected in April 2027.
DPI Holdings Bhd is acquiring a 2.05-acre vacant industrial lot in Kota Kinabalu Industrial Park, Sabah, for RM7.6 million. The 99-year leasehold site will support the group's FMCG distribution and warehousing expansion in East Malaysia.
Southern Steel Bhd has signed a conditional three-year tenancy agreement with Deep Source (PN) Sdn Bhd for data centre use of its steel plant in Seberang Perai Tengah, Penang. The lease carries a total rent of RM33.02 million over the term, subject to regulatory approvals.
Inta Bina Group Bhd is undertaking its second property development, Senja Residensi @ Bukit Jelutong in Shah Alam, Selangor, with a gross development value of RM290.96 million. The project comprises 499 serviced apartments across two blocks and 16 ground-floor shop units.
Country Heights Holdings Bhd said its subsidiary Golden Horse Palace Bhd was served with a winding-up petition over RM312,652.99, arising from two Industrial Court awards. The petition is pending court determination, with case management set for Oct 21 and a hearing on Dec 8.
IOI Properties Group CEO Datuk Lee Yeow Seng acquired 25.14 million shares via five open-market purchases between Aug 28 and Sept 29, for an estimated RM87.91 million. The deals raised his direct stake to 207.47 million shares, or 3.768%, from 3.311%.
Mah Sing Group has signed a non-binding term sheet with Kinergy Advancement to study captive power and renewable energy options for its proposed data centre projects at Southville City in Bangi and Meridin East in Pasir Gudang. The collaboration covers technical and commercial assessments for power
YTL AI Labs has launched ILMUcode, an AI-powered coding platform, with 800 first-year Universiti Malaya (UM) students set to receive RM100 in credits monthly for three months. UM is the first university in Malaysia to introduce the platform, which combines an agentic AI coding assistant with the ILM
Household loan approvals in Malaysia fell 10.4% year-on-year in August 2026, extending July's 2.4% decline, according to Hong Leong Investment Bank. Overall loan growth edged up to 5.7% as business lending strengthened, while total loan applications reversed July's surge.
The Johor government plans to send early flood warnings directly to residents' mobile phones after some did not hear sirens during flash floods in Johor Bahru on 30 Sept. The state will gather more phone numbers to broaden the reach of alerts, which may also advise avoiding high-risk areas.
PT Bintang Pesona Jagat, an indirect 51%-owned subsidiary of Tien Wah Press Holdings, will acquire five parcels of land and buildings in Malang, East Java, for IDR150 billion (RM34.07 million) cash. The purchase secures long-term ownership of its leased production facility, with completion targeted
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.
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.
Selangor Dredging Bhd is planning a 122-villa residential development with a clubhouse near Bukit Mertajam, Penang. The developer also reported RM155.78 million in unbilled sales from its ongoing projects DaMai in Selangor and Elina Resort Homes in Puchong.
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
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
Beaks Development's Residensi Kirana in Taman Salak Jaya, Kuala Lumpur, will offer 849 Residensi Wilayah units priced from RM299,990. The 852 sq ft three-bedroom homes are part of a 1,295-unit project on 5.18 acres of leasehold land, with completion slated for 31 March 2031.
AFZ Realty held its annual dinner on Sept 26 at Hemisfera Luxury Sky Hall in Menara Kuala Lumpur, celebrating excellence and teamwork among its real estate negotiators. A total of 49 award categories were presented, with Norul Ain Yusoff winning the Most Valuable Negotiator Award, which included a R
Trive Property Group Bhd fell into a net loss of RM315,000 for the second quarter ended 31 Jul 2026, from a net profit of RM1.999 million a year earlier, as revenue plunged 90.8% to RM608,000. The decline was due to higher tenant vacancies and the absence of renewable energy sales.
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.
Axis Real Estate Investment Trust has completed the RM38 million acquisition of a 99-year leasehold industrial complex in Seksyen 16, Shah Alam. The property, fully occupied by three tenants, was bought from Rubicon Assets Sdn Bhd and funded through existing bank financing.
Chin Hin Group Property Bhd is exiting the commercial vehicles and bodyworks business by selling four subsidiaries to HSG Sdn Bhd for RM62 million cash. Most of the proceeds will fund its Divine KLCC and Ophira property projects in Kuala Lumpur.
A semi-detached house at Taman Equine in Selangor has been sold for RM1.25 million. The buyer, who viewed the property three times, was drawn to its location, price and condition. The seller moved back to his hometown.
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
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