Thursday, 22 Oct 2026 · Singapore Property news across the Asia-Pacific
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Malaysia

Malaysia

Malaysia: Kuala Lumpur and the Klang Valley, Penang, Johor and Iskandar, listed developers and the REIT market.

Residential EXSIM launches Kyliez Suites @ KL City Centre, a 37-storey freehold tower 200m from Petronas Twin Towers
Residential EXSIM launches Kyliez Suites @ KL City Centre, a 37-storey freehold tower 200m from Petronas Twin Towers

Kyliez Suites @ KL City Centre, a 37-storey freehold mixed development by EXSIM Avenue Sdn Bhd, has launched on Jalan Ampang. The project comprises 126 serviced residences and 220 office suites, with units from 323 sq ft studios to 657 sq ft dual-key layouts, priced from RM1,272,705 to RM1,676,470 f

Residential Myra Yara launches in Putra Heights as low-density condominium with spacious layouts from 800 sq ft Myra Yara launches in Putra Heights as low-density condominium with spacious layouts from 800 sq ft

Smart Budget Economy Sdn. Bhd. has launched Myra Yara, a low-density condominium on 6.015 acres in Putra Heights, Selangor, with 219 units across an 18-storey building. The project offers layouts from 800 sq ft to 2,751 sq ft, with indicative starting prices from approximately RM191,250, targeting f

Residential Malaysia pushes green incentives and big-data housing tool at Mapex 2026 Malaysia pushes green incentives and big-data housing tool at Mapex 2026

The Housing and Local Government Ministry has proposed financial incentives for green buildings and a big-data analytics model to better match housing supply with demand. The announcements were made at the opening of the Malaysia Property Expo 2026 in Kuala Lumpur, which targets nearly RM2 billion i

Residential C.T. World Development launches 1,120-unit freehold Aman Residensi in Bandar Bukit Raja, Klang C.T. World Development launches 1,120-unit freehold Aman Residensi in Bandar Bukit Raja, Klang

C.T. World Development has launched Aman Residensi, a freehold high-rise development in Bandar Bukit Raja, Klang, Selangor. The project comprises 1,120 units across two blocks, with three-bedroom layouts from 800 sq ft to 900 sq ft, targeting eligible Malaysian first-time buyers and families.

Commercial Sepang industrial property prices range from RM300,000 to RM18 million, data shows Sepang industrial property prices range from RM300,000 to RM18 million, data shows

Industrial property prices in Sepang, Selangor, range from RM300,000 to RM18.21 million, with location less decisive than asset-specific factors such as land area, built-up size and tenure, according to Oregeon Property Consultancy data from 2023–2025. The analysis reveals three broad price tiers: l

Commercial Shin Yang Group buys Kuching industrial property for RM34m in related-party deal Shin Yang Group buys Kuching industrial property for RM34m in related-party deal

Shin Yang Group Bhd has agreed to acquire an 8.316ha leasehold industrial property in Kuching, Sarawak, for RM34 million from Forescom Plywood Sdn Bhd. The related-party transaction will support the expansion of the group's door-to-door logistics operations.

Capital Markets AmFIRST REIT seeks unitholders' nod for RM331m Menara AmBank sale to AmBank AmFIRST REIT seeks unitholders' nod for RM331m Menara AmBank sale to AmBank

AmFIRST REIT is seeking unitholders' approval to sell Menara AmBank to AmBank (M) Bhd for RM331 million cash. The proposed disposal would lower the REIT's pro forma gearing to 33.94% from 46.60% and is expected to improve distribution per unit to 3.24 sen from 2.87 sen. A unitholders' meeting is sch

Commercial Kerjaya Prospek wins RM858m Johor data-centre MEP contract, completes Penang buyout Kerjaya Prospek wins RM858m Johor data-centre MEP contract, completes Penang buyout

Kerjaya Prospek Group Bhd has secured an RM858 million contract for mechanical, electrical and plumbing fit-out works at a data centre in Iskandar Puteri, Johor. Separately, the group has completed the acquisition of the remaining 40% stake in Tanjung Bungah Development Sdn Bhd, making it a wholly-o

Commercial Media Chinese sells former Canada printing facility for C$6.85m Media Chinese sells former Canada printing facility for C$6.85m

Media Chinese International Ltd has agreed to sell its former media operations office and printing facility in Richmond, British Columbia, for C$6.85 million (RM19.88 million). The freehold property, which has been vacant since February, is expected to generate an unaudited gain of about C$5.26 mill

Capital Markets SkyWorld named best-performing property company at The Edge Malaysia ESG Awards 2026 SkyWorld named best-performing property company at The Edge Malaysia ESG Awards 2026

SkyWorld Development Bhd has been named Best Performing Company in the Property Sector at The Edge Malaysia ESG Awards 2026. The recognition follows its gold award in the Emerging Leader category at the 2025 edition and reflects its integration of environmental, social and governance considerations

Residential Parkland Group launches 568-unit condominium with villa-style units in Batu 9 Cheras Parkland Group launches 568-unit condominium with villa-style units in Batu 9 Cheras

Parkland By The Hill, a 36-storey, 568-unit condominium by Parkland Group, is coming up in Batu 9, Cheras. The project combines 73 villa-style units with 495 conventional condominium units, plus a sky facilities floor. Pricing, tenure and unit sizes are yet to be confirmed.

Residential UDA Holdings launches Bonanza Memenuhi Impian 2026 campaign with Residensi Dedaun unit as grand prize UDA Holdings launches Bonanza Memenuhi Impian 2026 campaign with Residensi Dedaun unit as grand prize

UDA Holdings Bhd has launched its Bonanza Memenuhi Impian 2026 campaign, offering buyers of 21 selected residential and commercial projects nationwide prizes including a Residensi Dedaun unit valued at RM508,000. The campaign runs until Dec 31, 2026, with draws scheduled through April 2027.

Residential HGD begins handover of first 129 homes at RM828m Aera Township in Kedah HGD begins handover of first 129 homes at RM828m Aera Township in Kedah

Heng Guan Development has started handing over 129 homes at Aera Gardens, the first residential phase of its 150-acre Aera Township in Sungai Petani North, Kedah. The RM828 million integrated township is being developed over five phases, with completion targeted by 2032.

Commercial Shop at USJ Sentral 3, Selangor sold for RM3m Shop at USJ Sentral 3, Selangor sold for RM3m

A shop at USJ Sentral 3 in Subang Jaya, Selangor, was sold for RM3 million in a deal completed on 29 Jan 2026. The 8,232 sq ft six-storey unit changed hands at RM358.36 psf after six months on the market.

Residential Avaland's RM86m Taman U-Thant land acquisition becomes unconditional Avaland's RM86m Taman U-Thant land acquisition becomes unconditional

Avaland Bhd's RM86.04m purchase of three freehold land parcels in Taman U-Thant, Kuala Lumpur, has become unconditional. The 1.88-acre site, zoned residential, is planned for a high-rise development with an estimated GDV of RM700m, strengthening Avaland's luxury presence in the Klang Valley.

Commercial Eppendorf leases 11.82-acre Bandar Cassia site for first Southeast Asian plant Eppendorf leases 11.82-acre Bandar Cassia site for first Southeast Asian plant

German life sciences firm Eppendorf SE has leased an 11.82-acre site at Bandar Cassia Technology Park in Penang from the Penang Development Corporation for 60 years. The company plans to invest about €40 million (RM186 million) in a greenfield facility, with production expected to start gradually in

Residential Taman Titiwangsa bungalow in KL rents for RM28,000 a month Taman Titiwangsa bungalow in KL rents for RM28,000 a month

A fully furnished bungalow in Taman Titiwangsa, Kuala Lumpur, has been leased for RM28,000 a month. The tenant was attracted by the strategic location, spacious layout, private pool and accessibility, with the property finding a tenant after a month on the market.

Residential Nuvah targets November start for Malaysia’s first 3D-printed luxury bungalow at Eco Majestic Nuvah targets November start for Malaysia’s first 3D-printed luxury bungalow at Eco Majestic

Nuvah Sdn Bhd, the Malaysian commercial arm of V3D Asia Ltd, plans to start construction in November on Villa Bayu, a 3D-printed luxury bungalow at the Gentlebre Precinct of Eco Majestic in Semenyih, Selangor. The project would be Malaysia’s first 3D-printed luxury bungalow, though details on size,

Residential Freehold 3-tower condo Hillcrest Botaniq launched in Puchong from RM576,500 Freehold 3-tower condo Hillcrest Botaniq launched in Puchong from RM576,500

Hillcrest Botaniq, a freehold condominium in Taman Puchong Utama, Puchong, Selangor, has been launched with 988 units across three towers. The development features a 3-acre central park and is priced from RM576,500.

Residential D’Nuri Residences launches from RM270,000 in Kwasa Damansara, targeting first-time buyers D’Nuri Residences launches from RM270,000 in Kwasa Damansara, targeting first-time buyers

EXSIM MX4 Sdn. Bhd. has launched D’Nuri Residences @ Kwasa Damansara, a 492-unit serviced residence on leasehold commercial land. Starting from RM270,000, the 28-storey block offers compact 550 sq ft two-bedroom units and is within 400–600 m of Kwasa Sentral MRT Station, with completion scheduled fo

Commercial Seberang Perai poised to become Penang’s next growth frontier: Think City Seberang Perai poised to become Penang’s next growth frontier: Think City

Think City managing director Datuk Hamdan Abdul Majeed says Seberang Perai will drive Penang’s growth over the next 50 to 100 years as the island runs out of land. The mainland, which contributes nearly half of Penang’s manufacturing value and houses more than half its workforce, is shifting from an

Capital Markets Magma Group completes estimated RM63m sale of 20% stake in Impiana KLCC Hotel owner Magma Group completes estimated RM63m sale of 20% stake in Impiana KLCC Hotel owner

Magma Group Bhd has completed the disposal of its 20% interest in Heritage Lane Sdn Bhd, owner of the Impiana KLCC Hotel in Kuala Lumpur, for an estimated RM63 million. The transaction values the entire hotel owner at RM315 million. Proceeds will be used for debt repayment and reinvestment.

Residential Chin Hin Group Property tops out Ayanna Resort Residences in Bukit Jalil, targets 2Q2027 handover Chin Hin Group Property tops out Ayanna Resort Residences in Bukit Jalil, targets 2Q2027 handover

Chin Hin Group Property has topped out Ayanna Resort Residences in Bukit Jalil, Kuala Lumpur, with handover targeted for the second quarter of 2027. The RM732.1 million gross development value project has achieved a 95% take-up rate.

Commercial KPKT becomes first Malaysian ministry to earn GreenRE Gold Rating for Putrajaya headquarters KPKT becomes first Malaysian ministry to earn GreenRE Gold Rating for Putrajaya headquarters

The Ministry of Housing and Local Government (KPKT) has become the first ministry in Malaysia to receive a GreenRE Gold Rating for its 38-storey office building in Putrajaya. Housing and Local Government Minister Nga Kor Ming said the certification reflects KPKT’s commitment to leading by example in

Commercial Govt valuer defends RM1.39 mil compensation for Duta Enclave land as adequate Govt valuer defends RM1.39 mil compensation for Duta Enclave land as adequate

A government valuation officer told the High Court that the RM1.39 million compensation paid for 263.272 acres of prime Duta Enclave land in 1956 was more than adequate. Semantan Estate seeks higher compensation, but the valuer argued the payment exceeded his own estimate of RM875,000 based on compa

Capital Markets JLL flags Malaysia as emerging student housing investment market JLL flags Malaysia as emerging student housing investment market

Malaysia’s English-language education, cost competitiveness and underdeveloped purpose-built student accommodation could attract institutional investors, JLL Malaysia says. However, the firm did not disclose local PBSA provision rates, bed counts or occupancy data, leaving its investment thesis yet

Residential Taman Salak Megah launches 26 semi-detached homes in Salak Tinggi from RM840,000 Taman Salak Megah launches 26 semi-detached homes in Salak Tinggi from RM840,000

Taman Salak Megah, a boutique landed development in Salak Tinggi, Sepang, has launched with just 26 units of two-storey semi-detached homes. The project offers intermediate lots of approximately 40' x 74' with built-up areas of about 2,250 sq ft, with an indicative starting price of RM840,000.

Residential EcoWorld launches 847-acre freehold township Eco Radiance in Semenyih EcoWorld launches 847-acre freehold township Eco Radiance in Semenyih

EcoWorld has unveiled Eco Radiance, an 847-acre freehold township in Semenyih, Selangor. The first residential phase, Astrea Collection, offers two-storey terrace homes with built-ups from 1,700 sq ft to 2,300 sq ft, priced above RM680,000.

Residential Jaluran Lakeview Sanctuary: Only 10 lakeside semi-detached homes launched in Shah Alam Jaluran Lakeview Sanctuary: Only 10 lakeside semi-detached homes launched in Shah Alam

Jaluran Lakeview Sanctuary in Section 8, Shah Alam features just 10 double-storey semi-detached homes with land sizes from 4,047 to 5,554 sq ft and a lakeside setting beside Taman Wetland. Priced from approximately RM1.45 million, the boutique project targets families and owner-occupiers seeking exc

Commercial Penang medical tourism revenue climbs 26.6% to RM1.14 billion in 2025, driving healthcare-anchored property demand Penang medical tourism revenue climbs 26.6% to RM1.14 billion in 2025, driving healthcare-anchored property demand

Penang’s medical tourism revenue rose 26.6% year-on-year to RM1.14 billion in 2025, with 527,176 foreign patients treated across 16 private hospitals. The sector now accounts for about 45% of Malaysia’s medical tourism revenue, driving developer interest in hospital-anchored residential and mixed-us

Residential From abandoned site to community hub: KongsiKL’s placemaking journey in Kuala Lumpur From abandoned site to community hub: KongsiKL’s placemaking journey in Kuala Lumpur

KongsiKL has turned a disused site on Old Klang Road into a community-driven arts and riverfront hub. Founded in 2017 by Joseph Foo and run rent-free on land owned by EXSIM Development, the initiative focuses on shared resources, stewardship and ground-up placemaking along the Klang River.

Residential Freehold bungalow in Ukay Heights up for sale at RM3.35m Freehold bungalow in Ukay Heights up for sale at RM3.35m

A two-storey freehold bungalow in Ukay Heights, Ampang, has been listed at RM3.35 million. The property sits on 6,300 sq ft of land with a built-up of 5,000 sq ft, featuring five bedrooms, six bathrooms, a private pool, and solar panels.

Commercial Buy or lease? Four-question framework puts business strategy before property decision Buy or lease? Four-question framework puts business strategy before property decision

A commercial real estate advisor argues that companies should not start with the buy-versus-lease question. Instead, they should first ask where the business is heading, with the B.E.S.T. Framework covering business strategy, economics, scalability and timing.

Commercial Selangor and Johor lead RM218.5b approved investments in 1H2026; real estate subsector records RM33.5b Selangor and Johor lead RM218.5b approved investments in 1H2026; real estate subsector records RM33.5b

Selangor and Johor accounted for 59.2% of Malaysia's RM218.5 billion in approved investments in the first half of 2026. The real estate subsector recorded RM33.5 billion in approved investments, part of the services sector's RM149.6 billion total.

Commercial Ombak KLCC opens as final component of KLCC Precinct; Galeri PETRONAS due 4Q2027 Ombak KLCC opens as final component of KLCC Precinct; Galeri PETRONAS due 4Q2027

KLCC (Holdings) has opened Ombak KLCC, the final component of the KLCC Precinct in Kuala Lumpur. The 420,000 sq ft mall features a cantilevered section housing Galeri PETRONAS, which is slated to open in the fourth quarter of 2027.

Commercial WCT wins RM600.89m contract for 41-storey TRX office tower WCT wins RM600.89m contract for 41-storey TRX office tower

WCT Holdings Bhd has secured a RM600.89 million contract to build a 41-storey office building at Tun Razak Exchange (TRX) in Kuala Lumpur. The project, awarded by Pelangi Pasifik Sdn Bhd, will commence on Dec 1, 2026.

Capital Markets Avaland 2Q net profit jumps 41% q-o-q to RM17.1m on higher construction progress Avaland 2Q net profit jumps 41% q-o-q to RM17.1m on higher construction progress

Avaland Bhd recorded a 41% quarter-on-quarter rise in net profit to RM17.1 million for 2QFY2026, driven by higher construction progress and new project contributions. New sales surged 46% to RM222.4 million, and the group acquired a 1.9-acre freehold site in Taman U-Thant for a luxury residential pr

Residential Mah Sing 2Q net profit up 9.8% to RM72.47m on higher property sales Mah Sing 2Q net profit up 9.8% to RM72.47m on higher property sales

Mah Sing Group Bhd reported a 9.8% rise in net profit to RM72.47 million for 2QFY2026, driven by higher property sales and progress billings. Revenue grew 16% to RM656.29 million. The group also announced the disposal of 78.8 acres of freehold land in Sepang for RM617.86 million and plans for a new

Capital Markets Sunway 2Q net profit rises 17% to RM318.6m; RM9.1b gain lifts 1H earnings Sunway 2Q net profit rises 17% to RM318.6m; RM9.1b gain lifts 1H earnings

Sunway Bhd reported a 16.7% rise in 2QFY2026 net profit to RM318.59 million, driven by higher contributions from property development and investment. The group also posted a RM9.1 billion first-half gain from the revaluation of its healthcare unit upon listing.

Capital Markets IOI Properties FY2026 net profit doubles to RM2.15b, revenue hits record RM4.44b IOI Properties FY2026 net profit doubles to RM2.15b, revenue hits record RM4.44b

IOI Properties Group Bhd reported net profit attributable to shareholders more than doubled to RM2.15 billion for FY2026, as revenue rose 45.1% to a record RM4.44 billion. The stronger full-year performance was driven by contributions from the consolidated South Beach office tower and JW Marriott Si

Capital Markets Tropicana 2Q revenue surges 158% on RM513.8m land sales; PBT doubles but tax drags net profit to loss Tropicana 2Q revenue surges 158% on RM513.8m land sales; PBT doubles but tax drags net profit to loss

Tropicana Corp Bhd reported a 157.7% jump in second-quarter revenue to RM850.77 million, driven by three land sales in Johor Bahru and Selangor totalling RM513.8 million. Profit before tax more than doubled to RM21.88 million, but a RM39.41 million income-tax expense pushed the group to a consolidat

Capital Markets Chin Hin Group quarterly revenue tops RM1b on property and construction growth Chin Hin Group quarterly revenue tops RM1b on property and construction growth

Chin Hin Group Bhd posted quarterly revenue of RM1.05 billion in 2QFY2026, up 10.3% year on year, driven by stronger property development and construction contributions. Property development revenue rose 38% to RM254.11 million, while construction revenue grew 26.5% to RM223.34 million.

Residential Eco Ardence, Missi Care partner for 24-hour Care Hub at new low-rise villas Eco Ardence, Missi Care partner for 24-hour Care Hub at new low-rise villas

Eco Ardence and Missi Care have signed an MoU to operate a 24-hour Care Hub at Eco Ardence's first low-rise villas in Setia Alam, Shah Alam. The hub will offer caregiver support, health assessments and emergency response, with access covered by maintenance fees.

Commercial Johor data centre stock hits 4,198MW as Malaysia leads SE Asia construction: C&W Johor data centre stock hits 4,198MW as Malaysia leads SE Asia construction: C&W

Johor has strengthened its position as Asia Pacific’s largest data centre market by combined operational and future capacity, reaching 4,198MW overall stock in 1H2026. Malaysia leads Southeast Asia with 1,039MW under construction, of which Johor accounts for 602MW, according to Cushman & Wakefield.

Residential SkyWorld launches Silverlake Residences @ SkySanctuary in Setapak with 830 family-sized units SkyWorld launches Silverlake Residences @ SkySanctuary in Setapak with 830 family-sized units

Silverlake Residences, also known as Residensi SkySanctuary 2, is a new 40-storey twin-tower project in Setapak offering 830 three- and four-bedroom units from 1,200 sq ft to 1,405 sq ft. Located about 5km from KLCC, the development features open lanais and a 2.92-acre Central Park with lakeside sur

Residential Hijauan Kiara unit sold for RM2.55m after year on market Hijauan Kiara unit sold for RM2.55m after year on market

A 3,681 sq ft condominium unit at Hijauan Kiara in Kuala Lumpur changed hands for RM2.55 million, or RM693 psf. The sale, brokered by E Trend Realty, closed in mid-2026 after the unit was listed for a year. The buyer was drawn to the low-density block's private lift lobby and green views.

Capital Markets Sunsuria Q3 profit more than doubles to RM19m on KLCG acquisition gains Sunsuria Q3 profit more than doubles to RM19m on KLCG acquisition gains

Sunsuria Bhd's net profit for 3QFY2026 more than doubled to RM19.02 million, driven by RM6.92 million in gains as KL City Gateway Sdn Bhd became a subsidiary. Quarterly revenue edged down 0.6% to RM176.97 million, while the group readies launches at Kwasa Damansara and its 9.66-acre KL transit-orien

Capital Markets MUI Properties posts RM25m Q4 loss on impairments, but FY2026 profit jumps to RM83.4m MUI Properties posts RM25m Q4 loss on impairments, but FY2026 profit jumps to RM83.4m

MUI Properties Bhd slipped into a net loss of RM25.07 million in the fourth quarter ended June 30, 2026, hit by impairment and fair value losses and lower revenue. For the full financial year, however, net profit surged to RM83.42 million on the back of major land sales to Gamuda and Antmed.

Commercial UOA Development 2Q profit up 4.2% as revenue surges 70% on Bamboo Hills, Aster Hill UOA Development 2Q profit up 4.2% as revenue surges 70% on Bamboo Hills, Aster Hill

UOA Development Bhd posted a 4.2 per cent rise in second-quarter net profit to RM95.59 million, as revenue jumped 69.9 per cent to RM221.20 million. The growth came from progressive recognition of Bamboo Hills Residences, Aster Hill, Duo Tower and Aethera Residences.

Commercial Axis-REIT proposes RM61m acquisition of Pulau Indah warehouse properties Axis-REIT proposes RM61m acquisition of Pulau Indah warehouse properties

Axis-REIT has proposed to buy three adjoining industrial land parcels with warehouse properties in Taman Perindustrian Pulau Indah, Selangor, for RM61 million cash. The vendor, Megalift Sdn Bhd, will lease back the facilities for a fixed five-year term. Completion is targeted by the first quarter of

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