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18MPS: Industrial demand outpaces supply in JS-SEZ—Knight Frank

18MPS: Industrial demand outpaces supply in JS-SEZ—Knight Frank

news

Updated:
  • Developers in the Johor–Singapore Special Economic Zone are failing to meet industrial demand.
  • Infrastructure like power, water, and roads is crucial for manufacturing growth in the region.
  • Investors seek tailored solutions and strong support from developers to ensure project viability and success.
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Ikano Centres partners Welton Group on RM600m mixed-use development at IKEA Tebrau–Toppen precinct

Ikano Centres partners Welton Group on RM600m mixed-use development at IKEA Tebrau–Toppen precinct

news

Updated:
  • Ikano Centres has partnered with Welton Group to develop Habitation Plus+, a RM600 million project.
  • The mixed-use development will feature two residential towers with around 1,230 affordable units in Johor Bahru.
  • This project expands Ikano's vision of creating a customer-centric destination beyond retail, integrating homes into everyday life.
Sunway Construction starts FY2026 on strong footing, declares total dividend of 22.8 sen

Sunway Construction starts FY2026 on strong footing, declares total dividend of 22.8 sen

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Updated:
  • Sunway Construction Group Bhd reported a 56.4% rise in net profit for 1QFY2026, reaching RM118.41 mil.
  • The group declared a total dividend of 22.8 sen per share and has secured RM3.59 bil in new jobs.
  • Despite geopolitical uncertainties, SunCon is optimistic about growth, especially in data centre construction.
WCT Holdings bags RM152.7 mil job for Taiwan’s national highway interchange

WCT Holdings bags RM152.7 mil job for Taiwan’s national highway interchange

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Updated:
  • WCT Holdings Bhd's Taiwan unit won a RM152.7 mil contract for a 4.1 km road project.
  • Construction starts on Aug 1, 2026, and will take 42 months to complete.
  • The project awarded by WU En De Construction Co Ltd covers road, bridge and drainage works.
EcoWorld: Syed Mokhtar acquires Leong Kok Wah's stake, becomes substantial shareholder

EcoWorld: Syed Mokhtar acquires Leong Kok Wah's stake, becomes substantial shareholder

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Updated:
  • Eco World Development Group Bhd has a new substantial shareholder, Tan Sri Syed Mokhtar Shah Syed Nor.
  • He acquired Datuk Leong Kok Wah's shares in Syabas Tropikal, which owns 30.1% of EcoWorld.
  • EcoWorld's chairman expressed gratitude to Leong and welcomed Syed Mokhtar's involvement.
Gold Li targets 10% revenue growth for 2026 on demand from Johor property market

Gold Li targets 10% revenue growth for 2026 on demand from Johor property market

news

Updated:
  • Gold Li Holdings Bhd aims for a 10% revenue growth in FY2026, targeting RM70 mil in revenue.
  • The company has 13 ongoing projects and plans a 500-unit high-rise in Muar for 2027, valued at RM400 mil.
  • Despite market challenges, Gold Li remains optimistic about local demand.
Triterra builds on the success of The MET to continuously set new benchmarks

Triterra builds on the success of The MET to continuously set new benchmarks

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Updated:
  • The MET Corporate Towers in KL Metropolis offers a unique office environment with hospitality-like features.
  • Triterra's CEO emphasises a "three-generational" leadership philosophy to adapt to market changes.
  • Future projects may blend residential and commercial spaces, enhancing KL's competitiveness.
The front-to-back AI roadmap: A plug-and-play guide for Malaysian SME developers

The front-to-back AI roadmap: A plug-and-play guide for Malaysian SME developers

news

Updated:
  • AI adoption is transforming Malaysia's property development, especially for SMEs.
  • Given the lean nature of Malaysian SME developers, the strategic priority should follow a "Front-to-Back" app.
  • Embracing AI allows lean teams to enhance efficiency and compete effectively against larger developers.
OSK Property unveils Aura following 80% sell-out of BLVD in Melbourne Square, Australia

OSK Property unveils Aura following 80% sell-out of BLVD in Melbourne Square, Australia

news

Updated:
  • OSK Property Holdings Bhd launched Aura, a RM2.25 bil residential tower in Melbourne Square, Southbank.
  • The 67-storey tower features 673 residences focused on wellness and offers extensive lifestyle amenities.
  • Construction is set to begin in late 2026, with completion expected by 2029.
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18MPS: Industrial demand outpaces supply in JS-SEZ—Knight Frank