Malaysia: Kuala Lumpur and the Klang Valley, Penang, Johor and Iskandar, listed developers and the REIT market.
SSF Home Group Bhd plans to acquire three leasehold land parcels in Pulau Indah, Selangor, for RM42.47 million to build its own warehouse and distribution facilities. The 13-acre vacant industrial site has a 99-year lease expiring in 2097 and is valued at about RM75 psf.
UDA Holdings Bhd has opened a show unit for its Residensi Mutiara development in Bandar UDA Utama, Johor Bahru. The 50-unit freehold townhouse project features two- and three-storey homes with built-up areas from 1,259 to 3,627 sq ft, priced from RM548,700.
Malaysia's proposed short-term rental accommodation (STRA) framework would retain strata management rules while limiting legal operations to registered premises that meet local authority licensing conditions. Digital platforms are encouraged to introduce automated licence checks before listing prope
Invest Kedah has signed three heads of agreement, including one for a proposed Malaysia International Halal & DataTech Park, at the SG4 Business & Economic Forum 2026. The agreements, facilitated by The Marq International Sdn Bhd, also cover a new energy vehicle ecosystem and strategic cooperation.
Malaysian Pacific Industries Bhd (MPI) has completed the RM140 million sale of two leasehold industrial parcels and buildings in Bayan Lepas, Penang, to Open DC PE2 Asset Sdn Bhd. The properties, spanning about 10 acres, were sold after Dynacraft Industries ceased manufacturing leadframes.
KTI Landmark Bhd has signed a three-year MOU with Tunku Abdul Rahman University of Management and Technology to explore student accommodation at its Kayana Heights development in Kota Kinabalu. The collaboration would see residential units configured for co-living, operated by Belive Ventures.
Paramount Property, via its subsidiary, has inked a development agreement with the Penang Housing Board for the phased redevelopment of a 15.3-acre site in Ujong Batu, Butterworth. The first phase will deliver 350 Rumah MutiaraKu affordable homes, supporting the state government's housing accessibil
AmFIRST Real Estate Investment Trust has completed the disposal of Menara AmBank to AmBank (M) Bhd for RM331 million. The remaining RM297.9 million was paid on Oct 23, settling outstanding loans and leaving RM72.2 million for the REIT's trustee.
Ahmad Zaki Sdn Bhd, a wholly-owned subsidiary of Ahmad Zaki Resources Bhd, has obtained a three-month High Court restraining order from Oct 21, 2026 to Jan 20, 2027 while it pursues a proposed scheme of arrangement with creditors. The court has fixed Dec 28 to hear the company's application for a co
A BMI report warns that Johor’s data centres could consume more than 90% of new electricity generation in Peninsular Malaysia by 2031, requiring 30 TWh annually — 18% of total supply. Grid constraints, not generation, are the main bottleneck, with major projects facing potential delays.
Phase 1A of the RM2.2 billion MS Industrial Park @ Kulai has achieved 90% take-up, with Phase 1B now open for sale. The 419.17-acre freehold industrial park is located within Zone E of the Johor–Singapore Special Economic Zone.
OSK Property has launched Alia @ Mori Park, the first phase of its Mori Park masterplan in Section 13, Shah Alam. The 37-storey development comprises 812 serviced apartments, 76 flexi suites and 22 retail lots, with units from 550 sq ft to 958 sq ft and prices starting from RM270,000.
Property developer KEB Bhd plans to raise RM48.49 million from its initial public offering on Bursa Malaysia's ACE Market, with the bulk of proceeds going to land acquisitions and its Residensi Jentayu mixed-use project. The group has priced its shares at 35 sen each ahead of a tentative Nov 16 list
Veridian Residence @ VTOWN, a 551-unit leasehold condominium in Petaling Jaya, Selangor, is now on sale with built-up areas from 947 sq ft to 1,302 sq ft. Developed by Perumahan Masteron Sdn Bhd, the project offers three-bedroom layouts, dual-key-ready configurations and Japandi-inspired design, wit
BMS Holdings Bhd has terminated its proposed RM23.8 million acquisition of a freehold industrial property in Cheras, Selangor, after its subsidiary and the vendor could not agree on sale and purchase terms. The earnest deposit of RM476,000 has been refunded, and both parties have no further claims a
Pavilion Real Estate Investment Trust reported net property income of RM145.58 million for the third quarter ended Sept 30, 2026, virtually unchanged from RM145.49 million a year earlier. Lower operating expenses offset a marginal revenue decline, while Pavilion Bukit Jalil posted a 4.1% increase in
One Square, a new F&B and lifestyle destination by Bandar Utama City Group, has opened in Bandar Utama, Petaling Jaya. The single-storey hub features dining, wellness and community spaces, with tenants including Village Grocer, The Flow Studio and Yellow Brick Road. More outlets are set to open prog
The Court of Appeal has upheld a tax refund for Lush Development Sdn Bhd, an IOI Properties Group subsidiary, confirming that the Federal Court's ruling against taxing compulsory land acquisition compensation applies retrospectively. The decision dismisses the Inland Revenue Board's appeal and award
Paramount Property's co-living-ready Seiras development in Batu Kawan, Penang, has topped out. The 43-storey tower comprises 411 serviced apartments with dual- and triple-key layouts, and has a GDV of RM266 million. Completion is expected ahead of schedule in the fourth quarter of 2027.
Perak has launched Kerian Industrial City (KIC), a 287-acre development in Dennistown with an estimated gross development value (GDV) of RM700 million. The project is expected to create 12,000 jobs as the state seeks to boost industrial capacity and attract investment.
Glomac Bhd has called on the Malaysian government to extend stamp duty exemptions to homeowners selling their existing property to buy a larger home. The developer also reported that industry profit margins have narrowed to the mid-teens from around 30%, as construction costs rise.
Malaysia's ParkCity Group is acquiring the Sheraton Hong Kong Tung Chung Hotel and Four Points by Sheraton from distressed Chinese developer Shimao for RM1.4 billion. The sale, expected to close by end-2026, includes the hotels and the T-Bay community hub, following a competitive tender that closed
Glomac Bhd has unveiled approximately RM371 million in new launches for FY2027, comprising landed homes and commercial properties. The group reported RM163 million in products introduced to date, with a further RM208 million planned for the third quarter, and highlighted unbilled sales of RM546 mill
Gamuda Bhd is targeting RM7 billion in property sales for FY2027, more than double the RM3.2 billion in FY2026, supported by a RM9.4 billion launch pipeline across Vietnam, Singapore and Malaysia. The target follows a 22% decline in property sales in the preceding financial year, attributed to softe
Gadang Holdings Bhd reported a 78.8% decline in first-quarter net profit to RM2.88 million, as construction and property contributions weakened. Revenue fell 61.4% to RM114.79 million, with the group citing lower progress from completed or near-completed residential projects and goodwill impairment
Property developer Hua Yang Bhd fell to a net loss of RM6.47 million in the second quarter ended 30 Sept 2026, reversing a year-ago profit of RM148,000. Revenue rose 15.6% but was more than offset by completion costs for Taman Ara Saujana and higher selling and administrative expenses.
Industrial property REIT AME REIT reported an 11.5% increase in second-quarter net property income to RM16 million, driven by new acquisitions and higher renewal rents. Distributable income rose 2% to RM11.71 million, with a distribution of 2.19 sen per unit payable on Nov 26.
CapitaLand Malaysia Trust (CLMT) reported a 32.2% year-on-year increase in third-quarter distributable income to RM46.3 million, lifted by industrial and logistics acquisitions, higher rents and lower financing costs. DPU rose 21.6% to 1.35 sen for the quarter ended Sept 30, 2026.
Sunway Healthcare Holdings Bhd has entered a 60:40 joint venture with Putrajaya Holdings to develop a 325-bed private hospital on freehold land in Precinct 7, Putrajaya. Construction is targeted to begin in Q4 2027 with completion in 2031.
Radium Development Bhd reported a 40% take-up for its Radium Evara residential project in Kepong, Kuala Lumpur, after opening its sales gallery. The 5.314-acre development comprises 797 homes priced from RM450,000, targeting owner-occupiers.
PropNex Malaysia is holding its October open house this weekend (24 and 25 Oct), featuring 21 freehold properties across Peninsular Malaysia, Penang and Sabah. Highlights include a terrace house in Petaling Jaya at RM2,280,000 and a semi-detached home in Off Jalan Sg Bertik at RM880,000.
A shop lot at Arked Esplanad in Bukit Jalil, Kuala Lumpur, has been sold for RM3,838,000. The buyer cited the area's established residential communities, accessibility and strong consumer catchment as key factors, viewing the unit as an investment with stable rental demand and long-term capital appr
KSL Riverhaus, a freehold serviced apartment development by Wawari Sdn. Bhd. in Iskandar Puteri, Johor, will offer 2,160 units and 30 retail shoplots. Unit sizes range from 501 to 996 sq ft, with indicative prices between RM312,000 and RM673,000. Target completion is 2030.
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.
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