Malaysia: Kuala Lumpur and the Klang Valley, Penang, Johor and Iskandar, listed developers and the REIT market.
Asiabina said 30% of the 383 units at One Seputeh Residences in Seputeh, Kuala Lumpur, have been taken up since its grand launch on Sept 20. The freehold, 50-storey tower is the developer's first project in the Klang Valley, and its penthouse collection is fully sold.
Perak state executive councillor Loh Sze Yee says discussions with local and foreign investors for Tanjong Malim's automotive ecosystem continue after BYD dropped plans for an assembly plant there. Loh declined to identify the parties or disclose potential investment values. Separately, Setia Awan L
Kerjaya Prospek Property Bhd has launched AndaBreeze, a freehold residential development of 1,406 units across two towers in Bandar Cassia, Batu Kawan, Penang. The project, launched on Sept 26, features built-up areas from 636 sq ft to 1,302 sq ft and over 80 lifestyle facilities.
Armani Residence Setia Alam 2 is a freehold high-rise residential development in Setia Alam, Shah Alam, offering SOHO units from RM230,000 and serviced apartments from RM786,240. The 998-unit project features a Sky Semi-D concept and is within walking distance of Setia City Mall.
Property purchases under Malaysia's MM2H programme surpassed RM5 billion from Oct 2024 to Aug 2026, contributing to RM8.85 billion in total economic value. China led applications with 3,847 of the 7,650 new applications received.
Taghill Holdings Bhd has entered into a joint venture to develop 639 apartments on a 7.94-acre freehold Malay Reservation site in Kota Bharu, Kelantan. The proposed project carries an estimated gross development value of RM191.7 million and is expected to commence by the second quarter of 2027.
Armani Group has launched Residensi Armani Putra, a 990-unit mixed development in Dengkil at the gateway to Putrajaya. The two 32-storey blocks offer SOHO units from 450 sq ft and serviced apartments up to 1,000 sq ft. Pricing starts from RM230,000, with on-site retail and Level 5 facilities.
Sunway Healthcare Holdings Bhd, through its 99.9%-owned subsidiary Sunway Medical Centre Sdn Bhd, has signed a RM10.79 million deal to acquire a 2.1-acre freehold parcel in Bandar Seremban, Negeri Sembilan. The site will be developed into a medical centre, with completion expected in Q1 2028.
Suntrack Development has launched Pangsapuri Semai, a 660-unit Rumah Selangorku (RSKU) project in Setia Alam, Shah Alam. The 35-storey tower offers units from 1,001 sq ft to 1,023 sq ft priced at RM250,000, with universal-design features for multi-generational households.
Penang expects about 70,000 sq ft of additional space for its Penang Silicon Design @5KM+ initiative to become available by early 2027 as it moves ahead with Campus II. GBS@Mayang in Bayan Baru is one location identified for the new campus, though the state has not confirmed if it will accommodate a
The upcoming Rapid Transit System (RTS) Link between Bukit Chagar, Johor Bahru, and Woodlands North, Singapore, is already shifting buyer enquiries and developer strategies in JB. Industry experts say residential property will see the earliest and broadest uplift, but caution that proximity alone do
A property expert argues that urban renewal policies must distinguish between single-owner and multiple-owner developments. Treating both categories identically risks prolonged disputes, costly litigation and public distrust, while recognising the difference can help prioritise achievable projects a
Selangor's planning department has approved Draft Amendment 3 to the Kuala Langat Local Plan 2030, pending state gazettement. The amendment rezones 601 lots across 37,073.70 acres, with Carey Island as its strategic centrepiece, positioning the island as a port-industrial platform linked to the IDRI
A Rehda Institute survey reveals a significant gap between student and employer expectations on how quickly fresh graduates can add commercial value. Half of employers surveyed expect AI to reduce entry-level roles over the next three years, while only 32.3% of employers said local universities adeq
HCK Capital Group has officially launched Perdana Peak Suites, a commercial suite development in Damansara with an estimated gross development value of RM183 million. The 333-unit project offers four suite configurations from 530 to 1,125 sq ft, targeting professionals and businesses seeking flexibl
Property developer KEB Bhd has signed an underwriting agreement with M&A Securities for its planned ACE Market debut. The IPO will involve shares offered to the Malaysian public and pink form allocations, with proceeds earmarked for land acquisition, working capital, and loan repayment.
IJM Land Bhd and Amona Group have topped out the 32-storey Riana Trees Residences condominium at Pantai Sentral Park, Kuala Lumpur, with sales take-up reaching 90%. Vacant possession is targeted for the first quarter of 2027.
EOI Sdn Bhd, a KIP Group subsidiary, will officially launch Block A of Atlas Residences in Johor Bahru on 26 Sep 2026. The block offers three-bedroom and 3+1-bedroom homes including dual-key units, with indicative prices from RM540,800.
ERA Malaysia celebrated its sixth anniversary with a 'Unity in Diversity' theme, signing a Memorandum of Understanding with 10 branches and appointing three key management positions. CEO Tai Eefan highlighted the firm's growth from one office to a nationwide network.
Alpha Galaxy Sdn Bhd and Senheng Electric (KL) Sdn Bhd have signed a memorandum of understanding to collaborate on the Galaxy Exchange commercial development in Puncak Alam. The partnership includes a rewards programme offering S$50,000 in S-Coin to unit purchasers. Alpha Galaxy also plans to launch
Merdu Residences, the first residential phase of the Runnymede Valley Ampang integrated development, offers 317 freehold serviced residences in Ampang Jaya. Units range from 721 to 1,280 sq ft, with prices from RM663,200 to RM1.28 million, and completion targeted for 2030.
Main building works for the Novva @ Gravit8 development in Kota Bayuemas, Klang, will begin on Sept 28 after Inta Bina Group secured a RM221.08 million contract. The project comprises a 39-storey serviced apartment tower with 654 units and a 20-storey office tower.
BEDI Bhd has completed the RM14.3 million sale of a leasehold commercial property in Kota Kinabalu, Sabah, after receiving the balance of the consideration. The disposal, to S.W.E. Elektrikal Sdn Bhd, was deemed completed on Sept 22 following a one-month extension.
Runnymede Group has launched The Fount, the final residential phase of the 28-acre The Sanctuary enclave in Batu Uban, Penang Island. The freehold project comprises 280 units across two 20-storey blocks, with indicative prices starting from RM880,000.
IOI Properties Group plans to list a REIT holding nine properties valued at RM7.66 billion, with IOI City Mall accounting for about two-thirds of the portfolio. The proposed IOIPG Malaysia REIT will acquire the assets from the group for RM7.58 billion, funded through RM4.92 billion in REIT units and
The federal government has set aside RM25 million under the 13th Malaysia Plan for a national automation, testing and equipment (ATE) campus in Batu Kawan, following Penang's earlier commitment of 10 acres of industrial land valued at RM40 million. The Economy Ministry announced the allocation on Se
MGB Bhd aims to secure its first anchor tenant for the 1,007-acre Kertih Terengganu Industrial Park (KTIP) in 2027, after receiving support under MIDA's Managed Industrial Park framework. The park, the first on Malaysia's East Coast with MIP status, is initially marketing about 500 acres to investor
Eco World Development Group Bhd posted a 10.9% rise in net profit to RM112.16 million for 3QFY2026, with revenue up 27.5% to RM971.53 million. Sales hit RM5.01 billion, led by Iskandar Malaysia and Klang Valley, and the group won a Singapore URA tender for a residential site at Lorong Puntong/Sin Mi
A bungalow on Jalan Langgak Golf in Taman U-Thant was the most expensive residential transaction in Kuala Lumpur so far in 2026, changing hands for RM70.5 million. Eight of the nine highest-value deals were bungalows, with three in Kenny Hills, according to NAPIC data accessed through EdgeProp EPIQ.
PropNex Malaysia is hosting an open house weekend on Sept 26-27, featuring 20 properties across the Klang Valley and one bungalow in Batu Ferringhi, Penang. Listings range from a RM595,000 semi-detached home in Setia Alam to a RM4.3 million bungalow in Setia Eco Park.
Aneka Jaringan Holdings Bhd has secured a RM26.2 million contract for substructure works on a 53-storey serviced apartment project on Jalan Yap Kwan Seng, Kuala Lumpur. The contract covers earthworks, piling, pile caps, retaining walls and substructure work for the 394-unit development by Exsim YKS
Rekatech Capital Bhd has disclosed the completion of its RM2.16 million acquisition of two suites in Penang's Mansion One development. The related-party transaction, signed in 2021 and completed in 2022, was only recently announced to Bursa Malaysia.
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
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