News

Malaysia’s Data Centre Capacity to Surpass 4,000MW by 2030, Says JLL KUALA LUMPUR — Malaysia’s data centre sector is entering a new strategic consolidation phase, as developers integrate substantial new capacity and expand supporting infrastructure, according to JLL Malaysia. The country’s total installed data centre capacity currently stands at 835 megawatts (MW) and is projected to exceed...

Bank Negara Malaysia Keeps OPR at 2.75% — Reinforcing Economic Stability and KL Property Confidence Bank Negara Malaysia (BNM) has maintained the Overnight Policy Rate (OPR) at 2.75%, affirming its commitment to sustaining economic growth while ensuring price stability. The decision, announced at the conclusion of the central bank’s Monetary Policy Committee (MPC) meeting, reflects a balanced approach...

Construction and engineering group Binastra Corporation Bhd (KL:BNASTRA) has secured a new RM188.5 million contract for the mechanical and electrical (M&E) fit-out of a data centre project in Cyberjaya, Selangor — further cementing its position as a key player in Malaysia’s fast-expanding digital infrastructure sector. In a filing with Bursa Malaysia, Binastra said the scope of work includes the...

Sunway Property Rebrands Singapore Arm as Sunway MCL, Expanding Regional Presence SINGAPORE / KUALA LUMPUR — In a landmark regional expansion, Sunway Property, the property division of Malaysia’s Sunway Group, has officially rebranded its Singapore operations as Sunway MCL following the completion of its S$738.7 million (RM2.42 billion) acquisition of MCL Land. The new entity represents a powerful...

RTS Link Trials to Begin in December, Strengthening Johor–Singapore Connectivity JOHOR BAHRU — The highly anticipated Johor Bahru–Singapore Rapid Transit System (RTS) Link is entering its next milestone, with first-phase trials beginning this December, according to Malaysia’s Transport Minister Anthony Loke. Although the December tests will not yet include passengers, they mark a major step...

Monash University to Build RM2.8 Billion Campus in TRX Kuala Lumpur KUALA LUMPUR, Oct 21 — In a landmark move that cements Malaysia’s position as a regional education and innovation hub, Monash University Malaysia has announced plans to build a new RM2.8 billion (A$1 billion) campus in the heart of Tun Razak Exchange (TRX), Kuala Lumpur’s international financial district. The future Monash Malaysia...

Armani Group Puts Malaysia in the Global Spotlight Malaysia’s luxury real estate scene is stepping into the international limelight, with Armani Group at the centre of attention. The award-winning Malaysian developer recently signed a strategic collaboration with Hong Kong broadcaster TVBI Company Limited, bringing together two powerful brands in property and entertainment. The signing ceremony, held...

Anwar’s ASEAN Diplomacy Elevates Kuala Lumpur’s Global Standing Malaysia’s chairmanship of the 47th ASEAN Summit may have officially concluded with the symbolic handover to the Philippines, but its impact will be felt long after. Over three days in Kuala Lumpur, the city transformed into the epicentre of global diplomacy — welcoming U.S. President Donald Trump, Chinese Premier Li Qiang, and...

Bukit Bintang Set to Rival Tokyo’s Ginza and Singapore’s Orchard Road Kuala Lumpur’s Bukit Bintang — long celebrated as Malaysia’s premier shopping and entertainment hub — is about to sparkle even brighter. Housing and Local Government Minister Nga Kor Ming has unveiled a bold plan to transform the district into Malaysia’s version of Tokyo’s Ginza and Singapore’s Orchard Road,...

Penang LRT Nears Key Tender Milestone, Boosting Property Appeal and Urban Connectivity The long-awaited Penang Light Rail Transit (LRT) project has reached a major milestone, with the appointment of a systems and rolling stock contractor expected by the end of 2025, according to Transport Minister Anthony Loke Siew Fook. This progress signals that Malaysia’s most ambitious urban transport project...