News

MYDIN To Become KITA @ Cybersouth’s First Supermarket LBS Bina Group Bhd has formalised a tenancy agreement with Mydin Mohamed Holdings Bhd for MYDIN to establish what the developer describes as the first supermarket within KITA @ Cybersouth in Dengkil, Selangor. The supermarket is planned on approximately 1.37 acres of land and will have a built-up area of about 24,000 sq ft. The tenancy agreement...

Ayanna Resort Residences Reaches Topping-Out Milestone Chin Hin Group Property has topped out Ayanna Resort Residences in Jalan Mas, Bukit Jalil, marking the completion of the project’s main structural works. The development remains on schedule for handover in the second quarter of 2027. Ayanna Resort Residences sits on approximately 4.9 acres of freehold land and comprises two high-rise towers with a...

S P Setia Builds A Larger Industrial Property Platform S P Setia Bhd is positioning industrial property as a larger growth platform, centred on two major Malaysian projects and supported by a business model that combines land sales, built-to-suit development and longer-term ownership of selected assets. The group’s current industrial focus is on Setia Fontaines Industrial Park in Kepala Batas, Penang,...

Menara Ethos Advances As TRX Office Demand Strengthens Tun Razak Exchange is preparing for another major office addition, with Menara Ethos set to add approximately 808,000 sq ft of net lettable area to Kuala Lumpur’s financial district. TRX City Sdn Bhd said more than 85% of the office supply currently within TRX has already been committed. That provides important context for the new tower. Rather...

VOUG Awan Besar Moves Into Early Construction VOUG, the commercial development planned along Jalan Awan Besar in Kuala Lumpur, is moving into an important early construction stage after Econpile Holdings Bhd secured a RM39.52 million subcontract for earthworks, bored piling and substructure works. The subcontract was awarded by WCT Construction Sdn Bhd to Econpile’s wholly owned subsidiary, Econpile...

Why Retirees Continue To Consider Malaysia Malaysia remains one of Southeast Asia’s most practical destinations for retirees, long-stay residents and people looking for a second home. Its appeal is not based on one advantage alone. International residents can combine modern private healthcare, English-language convenience, developed transport and digital infrastructure with living costs that remain...

Kanopi Residences Tops Out With 90% Take-Up Kanopi Residences Reaches Topping-Off Milestone Sime Darby Property Bhd has topped out Kanopi Residences, its first high-rise residential development within Elmina City Centre, with the project reporting a 90% take-up rate. The freehold development carries an estimated gross development value of RM299 million and comprises 499 units within a 36-storey...

LSH Capital Acquires 17.4 Acres Near Subang Jaya Lim Seong Hai Capital Bhd is proposing to acquire approximately 17.4 acres of freehold land in Pekan Country Height, Petaling district, Selangor, for RM197.9 million in cash. The acquisition will be undertaken by its wholly owned subsidiary Astana Setia Development Sdn Bhd under a conditional sale and development agreement with Railway Assets...

Disney Adventure Adds Langkawi To Its Southeast Asia Itinerary Langkawi will become a new port of call for Disney Cruise Line’s Disney Adventure from Dec 31, 2026, giving the island another route into the regional tourism market. Passengers will be able to disembark during the Langkawi call and spend the day exploring the island before returning to the ship. All Disney Adventure sailings will continue...

Budget 2027 Housing Proposals: HOC May Return, but Not Yet The Home Ownership Campaign (HOC) could make a return under Malaysia’s Budget 2027, but buyers should not treat it as confirmed policy yet. Its reintroduction was one of several proposals raised by stakeholders during the Housing and Local Government Ministry’s Budget 2027 engagement session, alongside improvements to strata building...