- Hektar REIT completed a Penang industrial property acquisition.
- The deal was announced in February 2025.
- The property includes factory, warehouse, and office space.
Hektar REIT completes Penang industrial acquisition and lease
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Updated:
Mah Sing’s M Amaya hits 92% take-up for Phase 1A; Village Grocer signed as anchor
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Updated:- Mah Sing launched M Amaya in Penang, with Phase 1A 92% sold.
- This mixed-use project offers 833 serviced apartments and retail shops.
- Village Grocer will anchor the retail podium, enhancing convenience for residents.
KIP REIT calls unitholder vote on RM435 mil Setapak mall buy
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Updated:- KIP REIT seeks unitholder approval to acquire Setapak Central Mall for RM435 mil.
- The purchase will be funded by bank borrowings and a private placement of new units.
- This acquisition will significantly increase KIP REIT's total property assets.
Sapura Industrial to sell Melaka land for RM10.5 million cash
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Updated:- Sapura Industrial Bhd (SIB) will sell vacant land in Melaka for RM10.48 mil cash.
- This disposal allows SIB to realise capital appreciation and unlock noncore asset value.
- The sale is expected to be completed by the first half of 2028.
Paragon Globe completes RM11.5 mil Johor land acquisition
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Updated:- Paragon Globe Bhd acquired three land parcels in Johor for RM11.48 mil.
- Its subsidiary, Paragon Globe Properties, completed the purchase.
- The acquisition was a related party transaction.
A1 A.K. Koh calls shareholder vote on RM16.7 million Puchong land buy
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Updated:- Koh Group Bhd plans to buy commercial land for RM16.73 mil cash.
- This land will house a new central region sales and marketing office.
- The proposed acquisition is subject to A1 shareholders' approval at an EGM.
Chin Hin Group Property to buy Golden Triangle freehold land for RM455 mil
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Updated:- Chin Hin Group Property Bhd plans to acquire a prime Kuala Lumpur site for RM455 mil.
- This significant purchase requires shareholder approval due to its high percentage ratio.
- The land will host a mixed-use development with an estimated RM3.6 bil GDV.
Muda wants tighter rein over data centres as it seeks relevance in Johor polls
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Updated:- Muda is now focusing on local issues in Johor.
- They are concerned about rapid data centre development and urban flash floods.
- Muda aims to be a check and balance, even as a smaller party.
DOSM: 71,101 holiday homes generated RM2.2 bil revenue in 2025
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Updated:- In 2025, 71,101 holiday homes in Malaysia generated RM2.2 bil in revenue.
- This growth shows rising demand for alternative lodging and tourism.
- Selangor, KL, and Johor lead in holiday home numbers.
Second wave of data centre boom is here, says Kenanga, as infrastructure projects slow
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Updated:- Malaysia is experiencing a second wave of data centre growth.
- New mega-campuses are planned, with four projects expected by 2026.
- This sector is a key growth driver for the construction industry.
