News by M

A management dispute has emerged at Green Garden Flats in Paya Terubong, Penang, after the Commissioner of Buildings (COB) appointed a new company to manage the 2,255-unit residential scheme, according to Sin Chew Daily.

Government policy, infrastructure investment and digitalisation are increasingly shaping Southeast Asia’s real estate markets, as capital and occupier demand shift towards new economic corridors, industrial platforms and digital infrastructure hubs, according to JLL.

AmanahRaya Real Estate Investment Trust (AmanahRaya REIT) reported a 20.6% increase in profit for the second quarter ended June 30, 2026 (2Q2026) to RM1.18 million from RM977,330 a year earlier, as rental income improved.

Genting Plantations Bhd has completed its joint venture with Shouguang Vegetable Science and Technology Sdn Bhd (SVST) to develop about 70 acres of land in Kulai, Johor, as a centre of excellence for tropical vegetable crops.

ETA Group Bhd, formerly known as Rex Industry Bhd, has secured two construction contracts worth a combined RM13.17 million to design and build industrial factory and warehouse buildings in Rawang, Selangor.

Malaysia’s property market is being reshaped by the rapid expansion of data centres, semiconductor manufacturing and industrial capital expenditure, with investors increasingly looking beyond conventional real estate plays to identify where the biggest growth opportunities will emerge.

Property developer UOA Development Bhd (KL:UOADEV) has re-designated chairman Kong Pak Lim as its new managing director effective August 13.

Rehda Institute has backed the National Housing Policy 2026–2035’s (NHP) push for more data-driven housing planning, saying supply should be guided by demographics, household needs and actual market demand.

Batu Kawan Bhd’s wholly owned subsidiary Whitmore Holdings Sdn Bhd has crossed the 50% threshold in MKH Bhd, while its collective interest with Batu Kawan and parties acting in concert (PACs) has risen to 51%.