EcoWorld has opened registration for the second phase of the SME Core at Eco Business Park VII in Negeri Sembilan, offering 136 cluster and semi-detached factories. The first phase was fully taken up. The industrial park spans about 1,195 acres of freehold land with an estimated gross development va
RHB Research has maintained its overweight call on Malaysian property stocks, saying the sector's recent sell-off has priced in much of the downside. It expects the Johor-Singapore Special Economic Zone master plan, slated for December, to provide catalysts, and names Eco World Development Group as
Eastern & Oriental Bhd is rolling out Seri Embun, a 360-unit gated precinct of 3-storey superlink homes in the City of Elmina, Shah Alam. The first phase of 185 units has achieved 60 per cent take-up, with the remaining 175 units slated for launch by 2Q2027.
Kepong Metropolitan Park, centred on a 140-acre lake park, has become a focus for mid-market high-rise buyers in Kuala Lumpur. EdgeProp EPIQ data shows 61% of transactions from 2020 to mid-2026 were in the RM400,000–RM599,999 bracket, while median prices around the park have held near RM500,000 for
S P Setia Bhd has launched Aurora II, a collection of 69 double-storey terrace houses within the 545-acre Setia Bayuemas township in Klang, Selangor. The freehold homes, with prices starting from RM840,000, feature smart-home technology and eco-conscious designs, and are expected to be ready for mov
UEM Sunrise Bhd has launched MAIA Mont’Kiara, a 495-unit freehold condominium on a 5.016-acre hilltop site at the edge of Bukit Kiara. Prices start from RM1.535 million, with completion expected in the first half of 2031.
Malaysia will reintroduce the variation of price (VOP) clause to cover rising diesel and bitumen costs for public-interest projects, among other contractor support measures in Budget 2027. The budget also raises Bumiputera procurement to RM7.5 billion and boosts home repair aid for disaster victims.
Knight Frank Malaysia said Budget 2027 provides a constructive platform for the property sector, with measures on connectivity, homeownership and affordable housing. The consultancy highlighted the need for timely implementation to attract private investment and deliver lasting benefits.
Affin Group has welcomed Budget 2027, saying its focus on fiscal consolidation, cost-of-living relief and business growth could support domestic activity and strengthen Malaysia's long-term competitiveness. The banking group highlighted measures including a RM20 billion housing financing guarantee a
Siva Shanker of Rahim & Co Chestertons welcomed Budget 2027's stamp duty relief and government land for affordable housing, but stressed the need for safeguards to ensure subsidised homes go to genuine owner-occupiers, not investors. He called for screening, occupancy requirements, and anti-flipping
AYER Holdings Bhd aims to hand over vacant possession of Bukit Puchong Boulevard Phase 1 in January 2027, about 10 months ahead of schedule, after all 54 freehold shop offices were fully taken up within 11 months of launch. Phase 2 has achieved 90% take-up since its October 2025 launch, and the grou
Turner & Townsend Malaysia says Budget 2027's focus on regional development and connectivity must be matched by effective project delivery to convert investment into growth. The firm cites RM431.1 billion in approved investments in 2025 and projects of 7.1% private and 6.8% public investment growth
OSK Group has unveiled a refreshed brand direction for its construction, property investment and property development arms, now collectively known as CID. The move includes a new brand purpose, a vibrant colourway dubbed OSKoral, and plans for RM1.34 billion in property launches in 2027.
Sime Darby Property, the Employees Provident Fund and the Armed Forces Fund Board are establishing a RM1.25 billion fund to develop data centres and logistics assets in Elmina, Selangor, under Malaysia's Budget 2027. The initiative is part of RM25 billion in domestic investments mobilised through go
Malaysia's Budget 2027 has highlighted Sime Darby Property's RM1.25 billion New Economy Venture Fund for data centres and logistics, alongside RM15 billion in grid investment by Tenaga Nasional Bhd. The fund, which secured full commitments at first close, targets built-to-suit data centres and indus
The Malaysian government has increased the allocation for rural road projects to RM2.3 billion in Budget 2027, up from RM1.3 billion in 2022. A total of RM3.3 billion is set aside for rural basic infrastructure, with Tenaga Nasional Bhd installing solar-powered streetlights in villages and rooftop s
The government will develop nearly 11 acres of government land in Belfield, Kuala Lumpur, for at least 2,500 Rumah MADANI affordable homes, with 70 per cent reserved for Bumiputera buyers. The Budget 2027 also allocates RM1.26 billion for FELDA and introduces measures to support construction contrac
Kuala Lumpur City Hall will receive RM400 million to create 120 acres of green space, restore parks, and upgrade public housing. A 100-acre leasehold site in Bukit Kiara will be gazetted as a Federal Park, and 22km of covered walkways will connect key landmarks.
Malaysia's Budget 2027, tabled by Prime Minister Anwar Ibrahim, allocates nearly RM1 billion for housing, expands first-home buyer stamp duty exemptions, and introduces new projects including Bandar MADANI Bukit Jalil. The budget also includes RM20 billion in financing guarantees for self-employed b
SD Guthrie Bhd has resolved its five-year legal dispute with Penang Development Corp over the compulsory acquisition of its Byram Estate, securing an additional RM68.01 million in compensation. The total compensation for the 380-acre site now stands at about RM241 million.
Cyberjaya Education Group Bhd has proposed acquiring three parcels of freehold vacant commercial land in Dengkil, Selangor for RM15 million. The land, spanning approximately 266,697 sq ft, is intended to support the University of Cyberjaya’s future expansion with potential uses including student acc
Haily Group Bhd's subsidiary, Haily Capital Sdn Bhd, has acquired a 176,690 sq ft freehold agricultural plot in Pulai, Johor Bahru, for RM6.45 million. The price reflects a 5.15% discount to an independent valuation of RM6.8 million. Completion is expected in Q4 2026.
MIDA is pushing Malaysian companies to capture more of the country's renewable energy supply chain, which saw close to RM10 billion in approved investments from 2023 to 2025. The agency has named five local firms as inaugural Renewable Energy Local Champions under its MIDA Supply Chain Programme at
Former Petaling Jaya city councillor Derek John Fernandez identifies three key urban planning challenges: development intensities exceeding the city's carrying capacity, ageing infrastructure, and a need to reassess market-driven development strategies. He calls for greater public participation, bet
CPI Land Sdn Bhd has launched Selayang Mulia, a 50.73-acre landed township in established Selayang offering 828 terrace homes. The guarded precinct features 2-storey and 3-storey houses with built-ups from 1,618 to 2,192 sq ft, along with green spaces and community facilities.
Ong Yet Swee, 68, has won a RM10,000 cash prize under S P Setia Bhd’s Generasi Baru campaign after purchasing a property in Setia Bayuemas, Klang. The prize was awarded at a session held in partnership with EdgeProp, part of a three-part initiative to help new homebuyers make informed decisions.
Life Water Bhd plans to acquire an industrial property in Kota Kinabalu Industrial Park, Sabah, for RM15 million. The company's subsidiary signed a sale and purchase agreement on Oct 7, with the property to be used for warehouse space to support business expansion near existing manufacturing facilit
MKH Bhd has completed the purchase of 14.91 acres of freehold land in Bangi, Selangor, for RM42.205 million. The site, acquired via a wholly-owned subsidiary, is earmarked for a commercial development with an estimated gross development value of RM170 million.
Electronics maker Salutica Bhd has proposed diversifying into property development and construction, backed by up to RM16.18 million in gross proceeds from a private placement. The group earmarks RM8 million for the new segment as it seeks to reduce reliance on loss-making manufacturing.
Datasonic Group has terminated its RM28.5 million purchase of an industrial property in Petaling Jaya after a fire safety approval condition was not met. The group's subsidiary issued the termination notice to vendor Pixio on Oct 7, with the RM2.85 million deposit to be refunded within 14 days.
OSK Property is offering homebuyers at eight developments across Malaysia a chance to win a Peugeot motorcycle in a campaign running from Oct 1 to Nov 30. The developer has partnered with Aveta Malaysia and Peugeot Motorcycles for the promotion, which includes joint events and test rides at four sal
Plenitude Bhd plans to launch a transit-oriented development in Kajang, Selangor, in the second quarter of 2027, comprising 992 serviced apartments and 28 retail units. The group reported property sales of RM438.9 million for FY2026, up 18% from a year earlier.
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.