Malaysia: Kuala Lumpur and the Klang Valley, Penang, Johor and Iskandar, listed developers and the REIT market.
SevenCo Sdn Bhd held the groundbreaking of Maison Sungai Besi, a 48-storey high-rise residential tower in Taman Castlefield, Sungai Besi, Kuala Lumpur. The project offers 537 units sized 721 to 1,206 sq ft and is the developer's first residential venture in the Klang Valley.
MKH Bhd's moneylending subsidiary, MKH Credit Corporation Sdn Bhd (MKCC), had RM127.92 million in outstanding loans and advances as at Sept 30. Unsecured loans to companies within the MKH group accounted for the bulk of the balance at RM119.5 million.
Three recent graduates participating in the Rehda Institute Youth Initiative (RIYI) 2026 took different paths on housing: one rents near work in Kuala Lumpur, one bought a RM350,000 condo in Ipoh after saving, and one used an affordable-housing scheme in Kulim. Their choices illustrate that the buy-
OCBC's latest Malaysia report highlights housing, transport, and data centre efficiency as priority areas in the government's pre-Budget statement for Budget 2027. The report, released on Sept 25, does not specify allocations or details for these measures.
S P Setia Bhd and clean energy firm Gentari, through its subsidiary Gentari Green Mobility Sdn Bhd, have signed a Memorandum of Understanding to collaborate on clean energy and green mobility solutions. The partnership will explore deploying electric vehicle charging facilities at selected Setia dev
Myra Land has launched Phase 2 of Myra Cove, a freehold lakeside condominium in Cyberjaya, offering 421 units priced from RM740,400. The development features three collections—Express, Embrace and Eden—with a four-acre private park and expected completion in October 2028.
Rimbun Saujana Residency, a 336-unit freehold condominium by Saujana Development Sdn. Bhd., is launching in the Saujana Resort enclave in Shah Alam, Selangor. Prices range from approximately RM1,055,800 to RM1,459,800, with completion expected in April 2027.
DPI Holdings Bhd is acquiring a 2.05-acre vacant industrial lot in Kota Kinabalu Industrial Park, Sabah, for RM7.6 million. The 99-year leasehold site will support the group's FMCG distribution and warehousing expansion in East Malaysia.
Southern Steel Bhd has signed a conditional three-year tenancy agreement with Deep Source (PN) Sdn Bhd for data centre use of its steel plant in Seberang Perai Tengah, Penang. The lease carries a total rent of RM33.02 million over the term, subject to regulatory approvals.
Inta Bina Group Bhd is undertaking its second property development, Senja Residensi @ Bukit Jelutong in Shah Alam, Selangor, with a gross development value of RM290.96 million. The project comprises 499 serviced apartments across two blocks and 16 ground-floor shop units.
Country Heights Holdings Bhd said its subsidiary Golden Horse Palace Bhd was served with a winding-up petition over RM312,652.99, arising from two Industrial Court awards. The petition is pending court determination, with case management set for Oct 21 and a hearing on Dec 8.
IOI Properties Group CEO Datuk Lee Yeow Seng acquired 25.14 million shares via five open-market purchases between Aug 28 and Sept 29, for an estimated RM87.91 million. The deals raised his direct stake to 207.47 million shares, or 3.768%, from 3.311%.
Mah Sing Group has signed a non-binding term sheet with Kinergy Advancement to study captive power and renewable energy options for its proposed data centre projects at Southville City in Bangi and Meridin East in Pasir Gudang. The collaboration covers technical and commercial assessments for power
YTL AI Labs has launched ILMUcode, an AI-powered coding platform, with 800 first-year Universiti Malaya (UM) students set to receive RM100 in credits monthly for three months. UM is the first university in Malaysia to introduce the platform, which combines an agentic AI coding assistant with the ILM
Household loan approvals in Malaysia fell 10.4% year-on-year in August 2026, extending July's 2.4% decline, according to Hong Leong Investment Bank. Overall loan growth edged up to 5.7% as business lending strengthened, while total loan applications reversed July's surge.
The Johor government plans to send early flood warnings directly to residents' mobile phones after some did not hear sirens during flash floods in Johor Bahru on 30 Sept. The state will gather more phone numbers to broaden the reach of alerts, which may also advise avoiding high-risk areas.
PT Bintang Pesona Jagat, an indirect 51%-owned subsidiary of Tien Wah Press Holdings, will acquire five parcels of land and buildings in Malang, East Java, for IDR150 billion (RM34.07 million) cash. The purchase secures long-term ownership of its leased production facility, with completion targeted
Ajiya Bhd is selling a freehold industrial property in Puchong, Selangor, to Esprit Care Sdn Bhd for RM58 million. The deal represents a 45 per cent premium over the RM40 million market valuation and is expected to complete in the first quarter of 2027.
Malaysia Aviation Group (MAG), parent of Malaysia Airlines, has signed a sale and purchase agreement to acquire Airbus unit Sepang Aircraft Engineering. The deal is targeted for completion in 2027, subject to regulatory approvals. No financial details were disclosed.
Selangor Dredging Bhd is planning a 122-villa residential development with a clubhouse near Bukit Mertajam, Penang. The developer also reported RM155.78 million in unbilled sales from its ongoing projects DaMai in Selangor and Elina Resort Homes in Puchong.
Klanggroup Development Sdn Bhd has handed over vacant possession of two fully sold industrial developments in Kapar and Jenjarom, Selangor, with a combined gross development value of RM1.74 billion. As of September 2026, 82 of 170 factory units at Kapar and 113 of 162 factory units at Jenjarom are o
The Malaysian Anti-Corruption Commission has proposed procurement and advisory changes for two Felda projects, including the Agro Park (Commercial) Project and Cattle Trading Pilot Project. Felda and its subsidiaries have agreed to implement the recommendations, which come amid separate MACC investi
Beaks Development's Residensi Kirana in Taman Salak Jaya, Kuala Lumpur, will offer 849 Residensi Wilayah units priced from RM299,990. The 852 sq ft three-bedroom homes are part of a 1,295-unit project on 5.18 acres of leasehold land, with completion slated for 31 March 2031.
AFZ Realty held its annual dinner on Sept 26 at Hemisfera Luxury Sky Hall in Menara Kuala Lumpur, celebrating excellence and teamwork among its real estate negotiators. A total of 49 award categories were presented, with Norul Ain Yusoff winning the Most Valuable Negotiator Award, which included a R
Trive Property Group Bhd fell into a net loss of RM315,000 for the second quarter ended 31 Jul 2026, from a net profit of RM1.999 million a year earlier, as revenue plunged 90.8% to RM608,000. The decline was due to higher tenant vacancies and the absence of renewable energy sales.
WTK Holdings has agreed to sell three leasehold industrial properties in Perai, Penang, to NationGate System for RM38 million cash. The disposal, which follows a fire at its manufacturing facility, will support its shift towards an asset-light tapes business.
PTT Synergy Group Bhd plans to acquire four freehold industrial properties under construction in Bandar Bukit Raja, Klang, Selangor, for RM31.997 million. The acquisition, to be funded through bank borrowings, is intended to accommodate the group's business expansion.
Axis Real Estate Investment Trust has completed the RM38 million acquisition of a 99-year leasehold industrial complex in Seksyen 16, Shah Alam. The property, fully occupied by three tenants, was bought from Rubicon Assets Sdn Bhd and funded through existing bank financing.
Chin Hin Group Property Bhd is exiting the commercial vehicles and bodyworks business by selling four subsidiaries to HSG Sdn Bhd for RM62 million cash. Most of the proceeds will fund its Divine KLCC and Ophira property projects in Kuala Lumpur.
A semi-detached house at Taman Equine in Selangor has been sold for RM1.25 million. The buyer, who viewed the property three times, was drawn to its location, price and condition. The seller moved back to his hometown.
Malaysia Transport Minister Anthony Loke has agreed with Prime Minister Anwar Ibrahim that his resignation, announced in protest of Najib Razak's conditional pardon, will take effect only when Najib begins house arrest. Analysts say the move limits Cabinet disruption and buys time for Anwar, but ris
Marriott International and IOI Properties Group have signed a portfolio deal for four new-build hotels in Malaysia, adding 888 rooms under brands including The Ritz-Carlton, W Langkawi and Aloft by Marriott. The agreement expands a long-standing partnership that will bring IOI Properties' total hote
Former Felda director-general Datuk Faizoull Ahmad claimed trial on Sept 30 to a cheating charge linked to a power of attorney that allegedly transferred 16 parcels of Felda land at Jalan Semarak, Kuala Lumpur. The court granted bail of RM70,000 and set case management for Nov 6.
Crescendo Corporation Bhd's second-quarter net profit more than quadrupled to RM70.56 million, driven by a data centre land sale at Nusa Cemerlang Industrial Park. Revenue rose 157.8% to RM201.43 million, and the group declared an interim dividend of two sen per share.
KIP Real Estate Investment Trust has completed its RM435 million purchase of Setapak Central Mall in Kuala Lumpur. The 99-year leasehold mall has a net lettable area of 514,777 sq ft and was 99.89% occupied as at Feb 28, 2026. The acquisition was partly funded by a RM163 million placement of new uni
Taiwan-based Sinyi Group is building an RM1 billion InterContinental resort in Papar, Sabah, with the main hotel set to open in December 2027. Separately, the group is pursuing a longer-term low-density resort on Mengalum Island, where conservation work is a key component of its development plans.
A newly renovated terrace house at Jalan Terasek in Bangsar, Kuala Lumpur, has been sold for RM2,465,000 after nine months on the market. The buyer was attracted by the unit's professional renovation and immediate move-in readiness. The deal was handled by Charles Phua of Zeon Properties Internation
OGX Group Bhd is seeking shareholders' approval to buy a three-storey detached warehouse with a four-storey office annex in Bukit Jelutong, Shah Alam, for RM19 million cash. The property will serve as the company's new headquarters, with relocation expected in the fourth quarter of 2027.
SD Guthrie Bhd will seek shareholder approval on Oct 15 for the RM418.51 million sale of 556.96 acres of freehold land in Kulai, Johor, to Sime Darby Property. The plantation group expects a net gain of RM373.36 million from the disposal.
Gamuda Bhd's FY2026 net profit rose 5% to RM1.05 billion, driven by stronger construction earnings, while property sales fell 22% to RM3.2 billion. The group's order book stood at RM61 billion as at July 31.
PropNex Malaysia aims to grow its professional network to 5,000 under its PXM5000 initiative, with about 800 negotiators already achieving six-figure sales. The expansion follows the joining of nearly 200 professionals from DreamVest Realty, bringing the nationwide network to over 2,200.
Coalfields Retail Park has welcomed over 390,000 visitors since its soft opening from Sept 10 to 16. Developer KLK Land aims for five million annual visitors and full occupancy by 1Q2027.
Karyon Industries Bhd has completed the RM8.61 million cash acquisition of a freehold detached factory on industrial land in Bandar Seri Alam, Johor. The purchase, conducted via its subsidiary Hsing Lung Sdn Bhd, was funded through internal funds and bank borrowings.
BEDI Bhd announced that its RM38.87 million acquisition of two Sabah property companies from Bedi Development Sdn Bhd became unconditional on 28 Sept 2026. The deal covers Sejati Sentral (Sandakan) Sdn Bhd and FYT Land (KK) Sdn Bhd, which own commercial and residential projects in Sandakan and Kota
Ayer Holdings Bhd has proposed to buy two adjoining freehold land parcels along Jalan Kuchai Lama, Kuala Lumpur, for RM138 million cash in a related-party transaction. The purchase price is 4.83% below the RM145 million market value assessed by CBRE WTW Valuation & Advisory. The deal requires shareh
Parkson Holdings Bhd’s Hong Kong-listed subsidiary, Parkson Retail Group Ltd, has signed a 20-year lease for about 38,511 sq m at Zijing Plaza in Mianyang, China. The lease, starting from July 2027, will see the group operate a shopping centre under the Parkson name. Rent is the higher of a guarante
Paragon Globe Bhd has substituted the purchaser for two freehold land parcels in Tanjung Kupang, Johor, under its RM398.11 million disposal, following an internal restructuring within the DayOne group. The replacement buyer, DayOne Data Centers Malaysia I Sdn Bhd, assumes all rights and obligations
Paragon Globe Bhd has received Bursa Malaysia's approval to extend the deadline for submitting its draft circular on the proposed RM127.28 million acquisition of beneficial interests in freehold land in Sedenak, Johor. The new deadline is March 10, 2027, with no changes disclosed to the deal's terms
Sunsuria Bhd has proposed selling a 45.46-acre freehold commercial land parcel in Dengkil, Sepang to Amazon Data Services Malaysia Sdn Bhd for RM316.84 million cash. The group expects a one-off net pro forma gain of RM50.34 million from the disposal, which is subject to shareholder and regulatory ap
Eskala Residence, a freehold high-rise development in Old Klang Road, Kuala Lumpur, offers 166 units with built-ups from 1,376 sq ft. Indicative prices range from RM1.11 million to RM1.58 million, with expected completion in December 2029.
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