Malaysia: Kuala Lumpur and the Klang Valley, Penang, Johor and Iskandar, listed developers and the REIT market.
Topmix Bhd has pushed back the completion of its RM1.85 million disposal of a freehold industrial property in Senai, Johor, to the fourth quarter of 2026. The extension follows a mutual agreement with purchaser PMI Packaging Sdn Bhd, as the balance payment awaits bank processing.
Paragon Globe Bhd plans to develop more of its Johor landbank around anchor occupiers while selectively selling land to support its pipeline. The developer cited its PGB-GSP AutoPark, a proposed industrial park in Sedenak and a conditional land sale in Tanjung Kupang as examples of the strategy.
A 2,002 sq ft condominium unit at Trinity Pentamont in Mont Kiara changed hands for RM1.82 million (RM909.09 psf) on 11 Jun 2026. The buyer, a former tenant, purchased it as an investment with plans to rent it out.
The Real Estate and Housing Developers' Association Malaysia (Rehda) has called for a review of statutory and regulatory costs that are no longer applicable, saying they add to housing delivery costs. This comes as its latest survey shows 81% of developers reported higher business costs and 63% plan
S P Setia's Setia Indah has launched Sapphire Elan, a 27-unit freehold bungalow collection within the Setia Tropika township in Johor Bahru. Homes offer a 5,794 sq ft built-up area on land plots from 60' x 120' to 117' x 140', with completion expected in June 2028.
Almost 60 per cent of developers in Peninsular Malaysia reported unsold completed residential units as of June 30, with loan rejections, property prices and unreleased Bumiputera units the main causes, according to the Rehda Property Industry Survey 1H2026. The survey also found launches held steady
A 2,260 sq ft unit at Four Seasons Private Residences in Kuala Lumpur was sold for RM5.6 million. The buyer was drawn to the corner balcony overlooking KLCC Park and the new Ombak Mall, a feature shared by only five units in the development.
Sabah Development Bank Bhd said it is willing to consider a substantial reduction in its exposure to PacifiCity, a long-abandoned RM2 billion waterfront development in Kota Kinabalu, to help revive the project. About RM300 million remains outstanding, and no firm investor proposal has been received
Tropicana Corp Bhd has handed over vacant possession of its Umara shopoffices at Tropicana Aman ahead of schedule, with the development fully taken up. The two- and three-storey project also achieved an 83% QLASSIC score.
Beshom Holdings has received the Ministry of Economy's no-objection to its proposed RM85.8 million disposal of three freehold industrial land parcels in Kapar, Klang. The sale to JT Development remains conditional on the purchaser obtaining planning permission.
Glomac Bhd has completed the disposal of a 3.42-acre leasehold plot in Bandar Metro Puchong, Selangor, to Sunway Puchong Sdn Bhd for RM49.18 million. The sale is part of a two-parcel deal worth RM97.3 million, with the second plot targeted for completion by the third quarter of 2027.
Maybulk Bhd is buying a freehold industrial property in Bandar Bukit Raja, Klang, for RM35.5 million in cash to expand its industrial property business. The acquisition, expected to complete in Q4 2026, will be funded internally, partly from the proceeds of a proposed land disposal in Kapar.
Malaysia has become an ageing nation with over 7% of its population aged 65 and above, according to UN thresholds. Industry players urge that the senior-living ecosystem—care expertise, community and policy—must be built before real estate, warning of compressed timelines and a caregiver shortage.
Malaysia's move towards net-zero emissions must extend beyond individual green buildings to whole urban systems, industry figures said at International Sustainability Week 2026. Speakers argued that sustainability should be measured by outcomes across neighbourhoods and cities, not just project-leve
Bon Estates Sdn Bhd has opened a 40m-long two-way road linking Jalan Kiara 3 and Jalan Duta Kiara in Mont Kiara, built at a cost of about RM3 million as a corporate social responsibility initiative. The link provides an additional route towards Solaris Dutamas and surrounding areas, ahead of the han
Seri Embun, a 639-unit double-storey terrace project within the 429.3-acre Puncak Warisan township in Kulai, Johor, is priced from RM504,000 to RM716,000. The 20' x 70' homes offer four bedrooms and three bathrooms, with the master plan including a central lake garden, clubhouse and commercial compo
The Malaysian REIT Managers Association has asked the government to reinstate the withholding tax break on REIT dividends in Budget 2027, arguing the current regime hurts competitiveness against Singapore and Hong Kong. It also proposed raising the statutory gearing limit to 60%.
Eco Business Park 7 Sdn Bhd has agreed to sell 221.665 acres of industrial land in Port Dickson, Negeri Sembilan, to Tera Data Centers (Malaysia) Sdn Bhd for about RM1.013 billion. The freehold site is within the 1,195-acre Eco Business Park 7 development under the Malaysia Vision Valley 2.0 master
S P Setia's Summera Grove, a freehold double-storey terrace home project within Setia Tropika in Johor Bahru, sold all 130 non-Bumiputera units within hours of its 14 March 2026 launch. The 203-unit development has a gross development value of about RM181.43 million and is expected to be completed i
Chin Hin Group Property Bhd's joint-venture company has been given a one-month extension, to Oct 21, to settle the remaining RM35.4 million owed to Fiamma Holdings Bhd. The company has so far paid RM110.7 million of the settlement amount.
Tien Wah Press Holdings has completed the RM1 disposal of Tien Wah Press Services Sdn Bhd, which holds tenancy rights to Pacific Grand Ballroom in Petaling Jaya, to Hong Kong-based Asia Regal Enterprises. The deal includes a separate arrangement for the recovery of RM14.14 million owed for renovatio
Growing demand for padel and pickleball courts is reshaping Malaysia’s property landscape, with operators converting warehouses, open land and shopping malls into sport venues. Location, ceiling height, cost and supporting facilities are key considerations, while rental rates vary from RM2 psf for w
AmFIRST REIT’s RM331 million sale of Menara AmBank to AmBank (M) Bhd became unconditional after all conditions precedent were fulfilled. Unitholders approved the related-party transaction with 96.14% of votes cast in favour. The disposal will reduce the trust’s gearing to 33.94% from 46.60%.
Pekat Group's subsidiary has signed a conditional lease for about 470 acres in Sungai Petani, Kedah, for renewable energy activities, with estimated aggregate rent of RM54.5 million over 24 years. The deal is subject to approvals and an offtake agreement, with a three-year exclusivity period.
S P Setia Bhd has launched the 100-acre Setia Fontaines Heritage Park at its township in Kepala Batas, Penang. The park joins the township's 63-acre man-made lake and musical fountain in supporting recreation and community engagement.
Setia Awan Land has launched its first industrial project, the 447-acre Tanjong Malim Hi-Tech Park in Perak, with an estimated gross development value of RM1.4 billion. Phase 1 has achieved 50% take-up, with investments from Ningbo Fresh Technology and Sheentech Automotive Systems totaling about RM5
Analysis of 384 resale transactions in Kuala Lumpur over the 12 months to June 2026 reveals 59.9% of units changed hands at a higher price than their previous purchase. However, once holding periods are factored in, the median annualised return falls to 1.2%, and after filtering for non-open-market
The Silver Valley Technology Park (SVTP), a 2,700-acre master-planned industrial and innovation hub on the outskirts of Ipoh, has moved into active construction. The first phase of 816 acres is slated for completion by 2030, with the full build-out by 2034 targeting RM14 billion in private investmen
Older stratified malls in Klang Valley struggle to fund renovations due to fragmented ownership, inadequate sinking funds and vague legal processes, industry experts say. While some malls like Sungei Wang Plaza and The Summit USJ have succeeded, reform is underway to address commercial governance ne
Bandar Rimbayu in Kuala Langat, Selangor, has seen median residential prices exceed RM1 million, reflecting a deliberate shift by developer IJM Land Bhd from its earlier mass-premium, volume-driven approach. The 1,879-acre township now focuses on higher-priced landed homes and expanded commercial of
KIP Real Estate Investment Trust plans asset enhancement initiatives at three malls to boost operational efficiency and support rental growth. The REIT also targets completing its RM435 million acquisition of Setapak Central Mall by end-Q3 2026, which would lift assets under management to about RM2.
Sunway Sakura Residence, a low-density landed development in Sunway City Iskandar Puteri, Johor, has launched with 100 Japanese-inspired homes priced from RM2.5 million. The project features Semi-D+, Semi-D and bungalow units with built-up areas from 3,190 sq ft and is located about 5km from the Mal
Sunway Healthcare Group has started construction on its RM800 million Sunway Medical Centre Iskandar Puteri in Johor, targeting completion in 2030. The 400-bed tertiary hospital will serve southern Malaysia, Singapore and Indonesia, and is part of the group’s plan to operate eight hospitals with ove
Hectare Heights Development has launched 22 Collection @ Suria Warisan, a boutique landed development of 22 two-storey semi-detached homes in Sepang. Indicative pricing starts from RM1.338 million, with land sizes from 3,229 sq ft to 6,168 sq ft.
Tropicana Corporation Bhd has donated RM3 million to the Johor Education Foundation to support education and talent-development programmes in the state. The contribution backs initiatives including STEM-focused schools, scholarships for top SPM scorers, and technical facility upgrades.
Malaysia's policy reversals on EV import rules and data centre incentives risk undermining foreign investor confidence, according to a commentary by CNA's Leslie Lopez. While headline FDI figures remain strong, the quality of capital could degrade as predictability erodes.
Sime Darby Property Bhd and innovation platform Kolaxus are targeting more than 1,000 university students for a hackathon focused on sustainable and liveable townships. The Sime Darby Property University Hackathon 2026 runs from September to December, with a total prize pool of RM14,000. Winners may
Lagenda Capital, a wholly-owned subsidiary of Lagenda Properties, has completed its first RM475 million issuance under a RM1.5 billion sukuk wakalah programme. Proceeds will fund Shariah-compliant inter-company advances for affordable housing developments and working capital.
Glomac Bhd posted a net profit of RM7.6 million for the first quarter ended July 31, 2026, reversing a net loss of RM1.42 million a year earlier. Revenue surged 163% to RM68.53 million on higher property development activity, though sequential performance weakened.
The Selangor government has allocated up to RM20 million over 2025 and 2026 to resolve longstanding strata ownership issues, which the menteri besar linked to developers' failures. A separate RM5.68 million has been set aside for three strata community empowerment initiatives in 2026.
More than 480 acres have been reclaimed for the planned 2,300-acre Silicon Island off Penang, with RM1.9 billion invested to date. The figures, released by Pulau Tikus assemblyman Joshua Woo Sze Zeng, mark three years since reclamation began in September 2023.
MP Global Realty Sdn Bhd and EdgeProp Malaysia have signed a memorandum of understanding to promote property data, market intelligence and digital technology in Malaysia's real estate sector. The partnership aims to enhance the capabilities of real estate professionals and support informed decision-
Alphex Realty has formalised strategic collaborations with EdgeProp and law firm Manjit Singh Sachdev Mohammad Radzi & Partners at its grand opening in Petaling Jaya. The move supports the platform's goal of fostering industry cooperation and partner growth, building on Alpha Group's track record.
Mah Sing Group's RM469 million M Minori in Taman Seri Austin, Johor has topped out, with all non-Bumiputera units sold and only limited Bumiputera units left. The developer is preparing two more Johor residential projects for launch later this year.
Lumina Commercial Park, a 35-acre freehold mixed development in Iskandar Puteri, has opened for sale with commercial units starting at RM2.5 million. The project, developed by Iskandar Seafront Assets and BCB Bhd, targets the growing demographic and cross-border traffic from the Johor-Singapore Spec
UEM Sunrise’s Gerbang Nusajaya and Puteri Harbour developments are positioned to benefit from the Johor–Singapore Special Economic Zone and improved connectivity. The Gerbang Nusajaya Interchange, opened in Dec 2025, provides direct access to the Second Link Expressway, strengthening the township's
A terrace house at Taman Bukit Segar, Kuala Lumpur, sold for RM940,000 after a year on the market. The buyer was attracted by the property’s condition, substantial land area, and gated-and-guarded facility, while the seller moved on to pursue retirement.
Trans Loyal Development's Residensi Selangorku Begonia in Eco Majestic, Semenyih, offers 933 units across three 30-storey blocks, with 1,045 sq ft three-bedroom homes launched at about RM250,000. The Rumah Selangorku project targets families seeking spacious affordable housing within the Semenyih-Ka
Trans Loyal Development's Residensi Senja @ Alam Sari in Bangi offers freehold three-bedroom apartments of about 1,045 sq ft from RM263,900 under the Rumah Selangorku scheme. The 1,458-unit project sits near UKM, GMI, Bangi KTM station and Canal Park.
Malaysia's government has approached Malaysia Airlines and Batik Air about taking over AirAsia's routes and passengers, as it monitors the budget carrier's financial health. The two airlines are willing to expand organically but would only take on AirAsia's operations on a large scale if they could
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