News

Malaysian Property Market 2025: Key Trends and Insights The Malaysian property market is showing signs of stability and maturity as it enters a new phase marked by consistent growth, rising investor interest, and evolving buyer expectations. Recent data and expert opinions highlight the booming real estate market in Johor, the demand for ESG-compliant office spaces in Kuala Lumpur, and the sustained...

Gamuda Expands Gamuda Cove with New Land Acquisition in Selangor Gamuda Bhd (KL:GAMUDA) is set to enhance its Gamuda Cove township in Selangor with the acquisition of three additional plots of land, totaling 336 acres. The purchase price of RM248.7 million translates to approximately RM17 per square foot, and the transaction is expected to be completed by the second quarter of 2026. This expansion aligns...

Tropicana Uplands: A Thriving Community in Iskandar Malaysia Tropicana Corporation Bhd continues to see strong demand for its latest developments within Tropicana Uplands, located in the international zone of Iskandar Malaysia. As of the first quarter of 2025, the commercial and residential phases—Summit Commercial Hub and Aster Heights—achieved a remarkable 100% take-up rate, while the newly launched...

Malaysia’s Unemployment Rate Falls to 3% in April 2025 — Lowest in a Decade Malaysia’s labour market has reached a major milestone, with the unemployment rate dropping to 3% in April 2025, the lowest level recorded in the past 10 years. According to the Department of Statistics Malaysia’s Labour Force Report, this marks a further decline from 3.1% in March, highlighting the country’s strong...

Acme Sells Penang Property for RM22 Million to Nation Robo Acme Holdings Bhd, a property developer listed on Bursa Malaysia, has announced the disposal of a property in Penang for RM22 million. The transaction, agreed upon with Nation Robo Sdn Bhd via a sale and purchase agreement, is aimed at unlocking the property’s value while improving the company’s financial position. The proposed disposal is...

Sarawak Looks to Attract More Japanese SMM2H Participants as Tourist Numbers Rise As Sarawak continues to promote itself as a haven for long-term foreign residents, the state government is now turning its attention toward Japanese nationals, following an increase in tourist arrivals from Japan. Datuk Seri Abdul Karim Rahman Hamzah, Sarawak’s Minister of Tourism, Creative Industry and Performing Arts,...

UOA Development’s First Johor Bahru Project: A Strategic Expansion Beyond Klang Valley UOA Development Bhd (KL:UOADEV), a prominent name in Malaysia’s real estate sector, is set to make its first foray outside the Klang Valley with a new project in Johor Bahru. This strategic move is expected to enhance the company’s net asset value (NAV) and potentially boost its share price, despite the...

Aneka Jaringan Lands RM50.54 Million High-Rise Contract in Kuala Lumpur Aneka Jaringan Holdings Bhd (KL:ANEKA), a prominent construction and engineering company, has secured a substantial RM50.54 million contract to execute earthworks, piling, and substructure works for a high-rise mixed-use development on Jalan Sultan Ismail, Kuala Lumpur. The contract, awarded by Clement Chan Architect on behalf of...

Lido Waterfront Boulevard: Johor's Future Smart City by Tropicana and SOM Tropicana Corporation Bhd has embarked on an ambitious journey to transform the 163-acre Lido Waterfront Boulevard (LIDO) in Johor into a dynamic, sustainable, and world-class metropolis. To realize this vision, Tropicana has appointed Skidmore, Owings & Merrill (SOM), a globally acclaimed architecture, engineering, and urban...

Royal Lexis Kuala Lumpur: Redefining Vertical Luxury Living A Beacon of Opulence in the Heart of the Capital Positioned at one of Kuala Lumpur’s most prestigious locations, Royal Lexis KL is a rare offering of freehold luxury sky suites designed for those who demand the extraordinary. Developed by the award-winning KL Metro Group, Royal Lexis brings together exclusive hospitality, five-star facilities,...