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
BRDB has opened the final phase, The Royal Collection, at its 47-acre Senja Lakeside Estate in Seri Kembangan, Selangor. The limited offering comprises three-storey semi-detached homes, zero-lot bungalows and bungalows with built-ups from 4,497 sq ft to 7,588 sq ft, priced from RM1.94 million to RM4
Sejahtera 113, a 113-unit low-density freehold high-rise in Alma, Bukit Mertajam, launched in February 2026 with prices from RM369,000 to RM400,000 under Penang's Rumah MutiaraKu Type D affordable housing scheme. The 900 sq ft units feature a 3+1 room layout and are located about 3km from AEON Mall.
Radium Development's freehold Radium Arena on Old Klang Road offers 988 homes in two 40-storey towers, with prices from RM569,000 to RM857,000. Units range from 658 to 920 sq ft, including dual-key options, and the project targets completion by November 2028.
BRDB Developments has launched 111 Menerung, a 23-storey boutique serviced residence with 111 freehold units along Jalan Menerung in Bangsar. Prices start from about RM2.26 million, with the largest duplex at RM7.33 million. The low-density project targets buyers seeking privacy and an established a
A bungalow at Sunway Rydgeway Puncak Melawati in Selangor was sold for RM2.5 million after two weeks on the market. The buyer was drawn to the layout, design and end-lot position of the bare unit.
The Labs at Bukit Bintang City Centre (BBCC) in Kuala Lumpur has launched The Labs: Artist Series, featuring six Malaysian creative talents from Sept 12, 2026 to January 2027. The programme includes physical installations, immersive digital experiences, murals and merchandise tied to Merdeka, Mid-Au
Wolo Hotel & Residences in Mont Kiara, Kuala Lumpur, has won two Gold awards at the 12th CREDAWARD in Shanghai, making it the first Malaysian project to receive such recognition. The 60-storey hospitality-led development by Magma Group also earned an Industry Contribution Award.
Penang has added 1,133 homes across five projects to its rent-to-own programme, with RM49.26 million allocated this year. The state-purchased units bring the total RTO homes under the programme to 13,277, or about 60% of its 22,000-unit target by 2030.
EXSIM Hospitality Bhd's wholly-owned subsidiary, EXSIM Concepto Sdn Bhd, has accepted a RM42.48 million appointment as nominated subcontractor from Taghill Projects Sdn Bhd. The building services and general works contract runs for 24 months from Sept 15, 2026. The underlying project was not identif
IOI Properties Group has increased its allocation for project development, property investment and related activities under its Malaysian REIT exercise to RM3.07 billion, from RM1.55 billion previously. The revised allocation represents 66 per cent of the estimated RM4.66 billion in total gross proc
Kerjaya Prospek Group Bhd's wholly owned subsidiary has accepted a RM37.82 million contract from Persada Mentari Sdn Bhd for piling and substructure works on an affordable apartment project at Pulau Andaman, Penang. The 24-month fixed lump-sum contract is slated to start on Oct 1, 2026.
Industry leaders at Data Centre Nexus 2026 urged Malaysia to measure data centre growth by local capabilities and supply chains, not just investment size. Mida recorded RM385.7 billion in data-centre investments from 2021 to H1 2026, with calls for greater SME participation and resource efficiency.
The Real Estate and Housing Developers' Association Malaysia (Rehda) has signed separate memoranda of understanding with the Malaysian Green Technology and Climate Change Corporation (MGTC) and the Malaysia Carbon Market Association (MCMA) to promote sustainable development and carbon market knowled
IJM Land Bhd has unveiled Merione Residences, a 145-unit residential development within its Merione mixed-use project at The Light Waterfront Penang. The launch follows the 100% take-up of commercial units at the adjacent Merione Grand.
SkyAman Development has launched SkyAman 1 Residences, a 50-storey condominium in Cheras, Kuala Lumpur, with 510 units priced from RM808,000 to RM1.941 million. The 99-year leasehold project targets families with 3- and 4-bedroom layouts ranging from 1,097 sq ft to 1,548 sq ft, and is expected to co
KLK Land has opened Coalfields Retail Park in Bandar Seri Coalfields, Selangor, with 90% of its retail space occupied. The 21-acre development is the company's first retail project and features over 100 brands, including Skechers' largest store in Southeast Asia. The retail park is part of the broad
UDA Holdings Bhd’s Heritage Valley Kuala Lumpur generated more than RM4.6 million in cumulative sales during its first 12 months of operations. The 1.71-acre entrepreneurship hub along Jalan Doraisamy was developed at a cost of RM9.7 million and has benefited over 500 entrepreneurs.
Two properties owned by Country Heights Holdings Bhd subsidiaries will be auctioned with combined reserve prices of RM207.77 million. The larger asset, Mines Waterfront Business Park in Selangor, has a reserve price of RM152.77 million, while a freehold commercial parcel in Kajang carries a reserve
