Malaysia: Kuala Lumpur and the Klang Valley, Penang, Johor and Iskandar, listed developers and the REIT market.
SD Guthrie Bhd has formed a joint venture with Bumi Assets Sdn Bhd and YTL Power International Bhd to develop 1,623 acres of freehold land in Bukit Kerayong, Selangor, into an integrated industrial park. The land will be sold to the joint-venture company for approximately RM933.57 million.
Parkland Bhd has secured Securities Commission Malaysia approval for its proposed Main Market listing. The Melaka-based developer's RM5.05 billion development pipeline is concentrated in Johor, which accounts for 75.5% of the estimated GDV. The IPO comprises 621.54 million shares, with proceeds earm
A detached house at Taman Harmoni Indah, Bentong, Pahang has been sold for RM680,000. The property was on the market for about three months, with the buyer attracted by its near-new condition and peaceful surroundings.
Atrium Real Estate Investment Trust posted a 16.1 per cent increase in net income to RM7.87 mil for the third quarter ended Sept 30, 2026, from a year earlier. The REIT declared a third interim income distribution of 2.7 sen per unit, up from 2.4 sen, payable on Nov 27.
Asian Pac Holdings Bhd has signed agreements for a commercial shoplot development with an estimated gross development value of RM281.3 million and the acquisition of adjoining land for RM42.1 million in Kuantan, Pahang. The projects cover about 49.68 acres within the KotaSAS integrated township, wit
IOI Properties Group has registered the prospectus for IOIPG Malaysia REIT with the Securities Commission. The REIT will offer 550.61 million units to entitled shareholders on a one-for-10 basis, with a tentative listing date of Nov 25.
A bungalow land parcel at Jalan Langgak Golf in Kuala Lumpur's Embassy Row enclave has been sold for RM70,499,520. The buyer was attracted by the substantial land size and the prestigious, low-density location. The property was on the market for eight months before the sale.
Astaka Kimlun Sdn Bhd has launched Amora Serviced Residence, a 617-unit freehold high-rise project in Tampoi, Johor Bahru. Part of the larger Amora Park integrated development, the two-tower project offers units from 990 to 2,230 sq ft with an indicative starting price of RM600,000.
Avaland Berhad has launched Alora Residences, a freehold serviced apartment development in USJ 25, Subang Jaya. The 770-unit project is the first residential phase of the 13.4-acre Avenue25 mixed-use masterplan and features a covered walkway to USJ 21 LRT Station.
Al-Salam Real Estate Investment Trust has completed the RM10 million cash sale of two four-storey shopoffice buildings in Bandar Sunway, Selangor, to Lagi Tegas Sdn Bhd. The disposal was finalised on Oct 28, 2026, with net proceeds earmarked for working capital.
Oriental Interest Bhd (OIB) and vendor LLSB 1980 Holdings have mutually terminated the RM280 million deal to buy two motorcycle financing and retail firms. The developer will instead concentrate on its core property and construction segments, supported by RM635.2 million in unbilled sales and a 2,01
Iconic Worldwide Bhd expects to launch a new Penang development in H1 2027, while targeting completion of its Iconic Harmony project in Bukit Mertajam by June that year. The group's property development revenue surged 139.8% to RM58.55 million in FY2026, contributing 66.8% of group revenue.
Pelaburan Hartanah Bhd plans to acquire Penang Logistics Hub 5 from Titijaya Land Bhd for about RM300 million cash. The fully leased complex in Bayan Lepas will boost PHB's industrial portfolio to around 11% of its investment properties.
Malaysia's Energy Commission is developing a framework for data centres to generate more of their own electricity, as projected peak demand from the sector in Peninsular Malaysia reaches 8.39 GW by 2030. Johor and Selangor together account for about 70 per cent of the projected total, with 4.42 GW a
PropNex Malaysia CEO Marcus Teng explains why he and other agency leaders chose to set aside their individual brands to operate under PropNex Realty's brand and systems. The move, he says, was driven by humility and conviction that a unified platform would be stronger, with the company now counting
Malaysia will not allow data centres in states lacking adequate water supply, even if land is available. Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said the government has tightened approvals, assessing water, electricity and financial strength, and will charge market elec
SD Guthrie Bhd sees opportunities to attract more data centre investment as heightened risks in the Middle East could strengthen Malaysia’s appeal, but additional power generation would be needed to support further expansion, its president and group CEO said.
Tower Real Estate Investment Trust posted a 16.3% increase in net profit to RM3.21 million for the first quarter ended Sept 30, 2026. Revenue rose 1.9% to RM10.59 million, while property operating expenses fell 10.5% to RM4.34 million.
Eonmetall Group Bhd’s sale and purchase agreement for its proposed RM273.28 million disposal of freehold industrial land in Kapar, Selangor, to WG Malaysia VIII Sdn Bhd has become unconditional. All conditions precedent under the SPA were fulfilled on Oct 27, 2026.
Leader Steel Holdings Bhd's RM136.56 million disposal of 33 acres of freehold industrial land in Kapar, Klang, to WG Malaysia VIII Sdn Bhd has become unconditional. All conditions precedent under the sale and purchase agreement were fulfilled on Oct 27, 2026.
CPE Technology Bhd has proposed to buy a factory and office property in Ulu Tiram, Johor, for RM14.5 million to expand its manufacturing capacity. The acquisition will be carried out by its wholly-owned subsidiary Champion Precision Technology Sdn Bhd, which signed a sale and purchase agreement with
EXSIM Group has launched Sea Crestz, a 456-unit leasehold serviced apartment development at Kuantan Waterfront Resort City in Tanjung Lumpur, Pahang. Priced from RM494,900, the two-tower project offers units from 506 to 1,012 sq ft and features resort-style facilities including an infinity pool and
The Ministry of Housing and Local Government (KPKT) has announced that 88 local authorities have been recognised under the Malaysia Smart City Rating since its launch in 2023, with 28 new endorsements in 2026. Separately, eight private townships qualified for the Smart Township rating this year, inc
Saujana Triangle Sdn Bhd, a subsidiary of MK Land Holdings, has launched The Rafflesia @ Hill 4, the final phase of its Rafflesia Hill series in Damansara Perdana, Petaling Jaya. The development comprises 22 three-storey semi-detached homes on an 8-acre leasehold site, with indicative prices ranging
A condominium unit at Park One Melawati in Selangor has been sold for RM725,000. The buyers, a newly wed couple, were drawn by its proximity to family in Taman Melawati. The unit was on the market for about two months before the sale.
The Kuala Lumpur Residents Action for Sustainable Development Association has filed a constitutional challenge in the High Court against provisions of the Land Acquisition Act 1960 that allow compulsory land acquisition for private development. The group argues the law lacks a meaningful pre-acquisi
Paragon Globe Bhd has secured shareholder approval to sell approximately 65 acres of freehold land in Tanjung Kupang, Johor, to DayOne Data Centers Malaysia I Sdn Bhd for RM398.11 million cash. The transaction, approved at an extraordinary general meeting, is expected to generate a net gain of RM187
YNH Property Bhd said the Inland Revenue Board will withdraw a winding-up petition against its subsidiary YNH Construction Sdn Bhd after a tax settlement. The developer continues asset-monetisation efforts including a proposed RM455m disposal of freehold land along Jalan Sultan Ismail.
The Court of Appeal has dismissed Datuk Seri Stanley Thai's bid to intervene in winding-up proceedings against property holding company Sunimax Development Sdn Bhd over a RM37.03 million debt claimed by his wife. The court ruled that Thai's indirect interest through a shareholder company did not giv
Malaysia's Court of Appeal has ruled that joint management bodies (JMBs) may deactivate access cards over unpaid maintenance charges but cannot prevent owners from entering their own units. The unanimous decision overturned a High Court ruling and set aside costs, granting nominal damages to the app
Works Minister Datuk Seri Alexander Nanta Linggi said Malaysia's construction industry must translate technology into measurable productivity, quality and delivery gains. He spoke via a prepared address at the Rehda Institute's Modern Construction Technology Roundtable and Forum 2026 on Oct 27, high
Matrix Concepts Holdings has proposed to acquire 57 parcels of vacant agricultural land in Kulai, Johor for RM169.31 million. The developer plans a mixed development on the 174.77-hectare site with an estimated gross development value of RM2.1 billion.
Prime Minister Anwar Ibrahim has defended government-linked investment companies' involvement in civil servant housing and student accommodation, citing both public need and commercial returns. He also outlined plans for legislation to tighten governance of state-owned entities, following questions
Deputy Minister Sim Tze Tzin announced that the Automotive High-Tech Valley in Tanjung Malim has realised RM7 billion in investments between 2018 and 2026. The investments cover upgrades to Proton's manufacturing facilities, a solar farm, and new industrial developments including an electric vehicle
A Knight Frank Malaysia survey, conducted with the Malaysian REIT Managers Association, finds that 83 per cent of M-REIT respondents anticipate environmental, social and governance factors will significantly affect future property valuations. Regulatory requirements, carbon pricing and occupier dema
Adam Sathya Raj, an IQI Realty agent who started with a RM15-a-day car wash job at 17, has achieved more than 100 property transactions in a single year. He now specialises in Airbnb and income-generating investments across KLCC, Bukit Jalil, Johor Bahru and Penang.
Housing and Local Government Minister Nga Kor Ming said the 17,000-unit Bandar Madani Bukit Jalil township will be built over 15 years in phases aligned with infrastructure readiness. The government has allocated RM250 million for road upgrades, and traffic, environmental and social impact assessmen
Mitraland Group has launched Bayou Quartz, a freehold landed residential development in Kota Bayuemas, Klang, Selangor. The 52-acre project has an estimated gross development value of RM800 million and features 712 units with two- and three-storey homes, an elevated green deck, a clubhouse and a thr
The Armed Forces Fund Board (LTAT) has sold a 50,450 sq m leasehold parcel in Ampang Hilir to the United States government for RM420 million. Defence Minister Khaled Nordin told Parliament the disposal was part of portfolio rebalancing, and the US plans to build a new embassy on the site.
TSLAW Land has launched Han-Ya Wahyu, a twin-tower serviced apartment development with 1,816 units beside Taman Tasik Indah in Taman Wahyu, Kuala Lumpur. The 53-storey project is approximately 200 metres from Taman Wahyu KTM Station and is slated for completion in 2031.
Property developer SkyWorld Development Bhd has opened a second sales gallery in Penang, at Bandar Cassia in Batu Kawan, and is inviting registrations of interest for SkyWorld Cassia apartments. The first phase comprises 3,600 apartments across six 29-storey blocks, with completion expected in April
Titijaya Land Berhad has launched The Ria @ Riveria City, a 63-level serviced apartment development in Brickfields near KL Sentral. The project comprises 752 leasehold units sized 650 to 800 sq ft, with indicative prices from RM616,000 and target completion in 2027.
Berjaya Property Bhd has proposed acquiring Citaglobal Bhd's entire 20% stake in Manjaran Sdn Bhd for RM50 million via new shares. The deal would give Berjaya Property a 49% interest in the developer of the Perlis Maritime Corridor upon completion of a related subscription.
Infoline Tec Group Bhd has announced that the agreements for its RM18.58 million purchase of two factory buildings in Sungai Buloh, Selangor, have become unconditional. The IT infrastructure and cybersecurity group plans to use the 99-year leasehold properties as its new headquarters.
Asiabina Group has launched One Seputeh Residences, a freehold serviced residence in Seputeh, Kuala Lumpur. The 50-storey, 383-unit tower offers two- to four-bedroom layouts including dual-key configurations, with prices starting from approximately RM699,980 and a reported initial take-up rate of ar
Oriental Holdings Bhd has completed its RM91 million cash acquisition of Bayview Hotel Langkawi via wholly-owned subsidiary Northam Langkawi Sdn Bhd. The deal, which covers the 282-room hotel in Kedah, is part of a larger RM411 million related-party package announced in November 2025.
GDB Holdings Bhd has secured a RM1.017 billion contract from Perdana ParkCity Sdn Bhd to build ParkCity Residences in Desa ParkCity, Kuala Lumpur. The 57.5-month project comprises two residential blocks with 433 apartments, scheduled to begin in November 2026.
A 73-year-old man died when a landslide struck a house in Taman Seri Rambai, Paya Terubong, Penang on 25 Oct 2026. Authorities suspect a leaking water pipe at a nearby hillside condominium project may have triggered the incident, and a stop-work order has been issued.
SoftBank Group Corp, Grab Holdings Ltd and Petroleum Sarawak Bhd have flagged land and power availability as key uncertainties for a proposed AI and digital infrastructure platform in Sarawak. The project's risks include securing suitable land, competitively priced and reliable power, connectivity a
A judicial review by 12 residents against the Ampang Jaya Local Plan 2035 will be heard on Nov 25. The Shah Alam High Court granted leave for the challenge in April 2026, and the advocacy group Tolak RT2035 has raised concerns over land-use conversions and environmental risks.
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