News

Property developer Magna Prima Bhd (KL:MAGNA) is expanding its southern footprint with a new small office/home office (SoHo) project in Johor Bahru, through a joint venture between its wholly owned subsidiary Twinicon Sdn Bhd and Crest Star Land Sdn Bhd. The project, which will be built on a 3,457.5 square metre land parcel, marks Magna Prima’s latest move to tap into Johor Bahru’s growing demand for...

TRX Launches New Landmark Office Tower to Reinforce Kuala Lumpur’s Global Financial Aspirations TRX City Sdn Bhd, the master developer of the 70-acre Tun Razak Exchange (TRX), has broken ground on its latest 39-storey office tower, marking another milestone in transforming Kuala Lumpur into a premier international financial district. Slated for completion by 2Q2029, this tower is set to become the 10th...

Johor Tops Residential Launches in 1Q2025 Amid Market Realignment The first quarter of 2025 highlights Johor’s continued dominance in Malaysia’s residential property market, with 3,194 new units launched, outpacing Selangor (2,129 units) and Negeri Sembilan (1,838 units), according to the National Property Information Centre (Napic). Despite a general dip in transaction volume and value from the...

OYO Debuts Premium SUNDAY Hotel Brand in Malaysia with Launches in KL and Langkawi KUALA LUMPUR, MALAYSIA – Global hospitality tech giant OYO has officially launched its premium hotel brand, SUNDAY Hotels, in Malaysia, with dual openings in Kuala Lumpur and Langkawi’s Pantai Cenang. These launches mark OYO’s latest move in expanding its premium segment presence across Southeast Asia. With...

Senai Airport City Powers Johor’s Rise as a High-Tech Industrial Hub Southern Malaysia is seeing a surge in economic momentum, and Senai Airport City (SAC) is at the heart of this transformation. This 1,099-hectare integrated industrial development, located in Johor, has rapidly emerged as a key investment magnet, with nearly RM8 billion in committed investments and about 160 investors onboard. As...

Tata Electronics Eyes Malaysia’s Semiconductor Players in Strategic Expansion Move India’s Tata Electronics Ltd is reportedly in advanced talks to acquire a semiconductor fabrication or outsourced semiconductor assembly and test (OSAT) facility in Malaysia — a move that could significantly boost Malaysia’s role in the global chip supply chain, while helping Tata deepen its semiconductor...

Berjaya Land's Strategic Projects in Perlis Set to Transform Northern Malaysia’s Economic Landscape Perlis, Malaysia’s smallest state, is poised for a major transformation. In a strategic move that merges agriculture, mining, and regional development, Berjaya Land Bhd has signed a memorandum of understanding (MOU) with Impianan Utara Sdn Bhd to jointly explore and develop two high-impact projects:...

Malaysia Gains Ground as a Global Real Estate Destination for ESG-Ready and Future-Proof Workspaces As the global real estate landscape undergoes a significant transformation, Malaysia is quickly positioning itself as a prime destination for multinational occupiers. This comes in the wake of shifting priorities around operational resilience, sustainability, and digital adaptability, according to Knight...

Malaysia’s AI Ambitions Take Shape with Microsoft-Led Cloud and Talent Development Blueprint The world is witnessing a historic turning point, where artificial intelligence (AI) is no longer a distant aspiration but an active driver of change across economies. From reshaping how businesses operate to augmenting the way individuals work and make decisions, AI is heralding a new era of human-machine...

Malaysia’s Inflation Steady at 1.4% in April 2025, Remains Among Region’s Lowest Malaysia’s inflation held firm at 1.4% year-on-year (YoY) in April 2025, matching the rate recorded in March and marking the lowest level since February 2021, according to the Department of Statistics Malaysia (DOSM). The Consumer Price Index (CPI) stood at 134.3 points, up from 132.4 points a year earlier, with...