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Apex Equity completes RM50m acquisition of Bangsar South office building for group HQ

Apex Equity completes RM50m acquisition of Bangsar South office building for group HQ

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Updated:
  • Apex Equity Holdings Bhd has acquired a RM50 million office building in Bangsar South City.
  • The property will become the new headquarters for Apex Group after their current lease ends.
  • Any unoccupied floors will be available for lease following the move.
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KL prime office rents rise 1.3% q-o-q to RM6.12 psf in 1Q2026, vacancy drops to 22.1%

KL prime office rents rise 1.3% q-o-q to RM6.12 psf in 1Q2026, vacancy drops to 22.1%

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Updated:
  • Kuala Lumpur's office market saw a 1.3% rental increase to RM6.12 psf in Q1 2026, with vacancies down to 22.1%.
  • Demand for premium, transit-oriented properties is driving this growth, particularly in key areas.
  • Despite rising rents, KL remains the most cost-effective prime office market in Asia-Pacific at US$21.46 psf annually.
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Battersea Power Station adds over 10 new outlets as riverside expansion continues

Battersea Power Station adds over 10 new outlets as riverside expansion continues

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Updated:
  • Battersea Power Station will expand its retail and leisure offerings with over 10 new openings in 2026.
  • The destination has welcomed over 40 million visitors since 2022, highlighting its appeal for experiential retail.
  • Upcoming openings include health-focused cafes and wellness facilities, enhancing its position in London's retail scene.
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Malton launches Mutiara Kempas in Johor Bahru, already 70% taken up

Malton launches Mutiara Kempas in Johor Bahru, already 70% taken up

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Updated:
  • Malton Bhd has launched Mutiara Kempas, a serviced apartment in Johor Bahru, with a 70% take-up rate.
  • The development features 562 units in a 39-storey tower, priced from RM336,000, and offers various layouts.
  • Amenities include a swimming pool, gym, and shuttle service to Singapore, with completion expected in Q2 2030.
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E&O’s Gurney Bridge recognised as Malaysia’s widest box girder bridge

E&O’s Gurney Bridge recognised as Malaysia’s widest box girder bridge

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Updated:
  • Eastern & Oriental Bhd has received recognition for the Gurney Bridge, the widest box girder bridge in Malaysia.
  • The bridge, spanning 450m and 40m wide, enhances connectivity for Andaman Island's future-ready township.
  • It aims to improve traffic flow and create a vibrant waterfront environment for the community.
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Glomac unveils 16 Legacy semidee enclave in Saujana Rawang

Glomac unveils 16 Legacy semidee enclave in Saujana Rawang

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Updated:
  • Glomac Bhd has launched 16 Legacy, a collection of 16 semi-detached homes in Selangor worth RM21 million.
  • Priced from RM1.2 million, these homes target multigenerational families seeking space and privacy.
  • The development features a lakeside location and is accessible via major expressways and the Rawang KTM station.
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Legalising 'booking fees': a case for reform — and its limits

Legalising 'booking fees': a case for reform — and its limits

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Updated:
  • The current prohibition on booking fees in Malaysia is widely ignored, leaving buyers vulnerable.
  • The option to purchase could regulate booking fees but does not address the root causes of abandoned projects.
  • Ultimately, a built-then-sell model is needed to protect buyers from financial risks.
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NCT World signs term sheet for 100-acre land sale at NCT Smart Industrial Park for data centre development

NCT World signs term sheet for 100-acre land sale at NCT Smart Industrial Park for data centre development

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Updated:
  • NCT World Sdn Bhd has signed a term sheet to sell 100 acres in NSIP to a global data centre operator.
  • The proposed facility aims to support up to 800MW of data centre capacity.
  • This transaction is expected to boost NCT Alliance's revenue and attract high-quality investors to the park.
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Luxury property supports Malaysian developers still unscathed from Iran war fallout, says RHB

Luxury property supports Malaysian developers still unscathed from Iran war fallout, says RHB

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Updated:
  • Malaysia's developers are thriving due to strong demand for luxury homes, according to RHB Research.
  • High-end properties in prime locations are selling quickly, with foreign buyers making up a big portion.
  • Despite geopolitical tensions, developers are expected to maintain their sales targets.
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The front-to-back AI roadmap: Understanding Malaysia's property development landscape

The front-to-back AI roadmap: Understanding Malaysia's property development landscape

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Updated:
  • Property development involves acquiring land to create residential, commercial, or industrial buildings.
  • At least 90% of players in the property development industry are estimated to be SMEs.
  • AI is crucial for SMEs, but barriers like cost perceptions and data limitations hinder implementation.
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Apex Equity completes RM50m acquisition of Bangsar South office building for group HQ