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JLL: KL office and retail vacancies tighten in 2Q as flight to quality gathers pace

JLL: KL office and retail vacancies tighten in 2Q as flight to quality gathers pace

news

Updated:
  • Kuala Lumpur's commercial property market showed resilience in 2Q2026.
  • Office and retail vacancies declined, driven by strong demand and tourism.
  • Industrial supply surged, but high-quality logistics facilities still attracted occupiers.
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Hero Market set to anchor Masteron’s 20.97-acre VTown in PJ

Hero Market set to anchor Masteron’s 20.97-acre VTown in PJ

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Updated:
  • Masteron Sdn Bhd signed an MoU with Hero Market for a new anchor store at VTown.
  • The 20,000 sq ft Hero Market will open in 2028, featuring a large fresh-market section.
  • VTown is a mixed development with residential, retail, and lifestyle components.
Another property management law? Fix the gaps, don't duplicate the regulator

Another property management law? Fix the gaps, don't duplicate the regulator

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Updated:
  • The answer to poor management should not automatically be another Act or another registration regime.
  • Existing laws and bodies already regulate property management effectively.
  • A new act risks duplication and confusion without clear regulatory gaps.
ISW 2026: What Malaysia can learn from Hong Kong’s green-building push

ISW 2026: What Malaysia can learn from Hong Kong’s green-building push

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Updated:
  • Malaysia can learn from Hong Kong's green building incentives.
  • Hong Kong aligns regulations with commercial benefits for sustainability.
  • This approach makes green practices financially sensible for developers.
PPK Malaysia confers Legacy Awards to shopping mall veterans

PPK Malaysia confers Legacy Awards to shopping mall veterans

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Updated:
  • PPK Malaysia honored advisors with Legacy Awards for their industry contributions.
  • These awards recognise pioneers in Malaysia's shopping mall sector.
  • The awards celebrate leadership, innovation, and advocacy in the industry.
KLK Land opens 21-acre Coalfields Retail Park with 90% occupancy

KLK Land opens 21-acre Coalfields Retail Park with 90% occupancy

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Updated:
  • KLK Land opened Coalfields Retail Park in Selangor with 90% occupancy.
  • This 21-acre project is KLK Land's first retail development.
  • It features over 100 brands and expects five million annual visitors.
UDA’s Heritage Valley KL records RM4.6m sales in first year

UDA’s Heritage Valley KL records RM4.6m sales in first year

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Updated:
  • UDA Holdings Bhd's Heritage Valley Kuala Lumpur generated over RM4.6 mil in its first year.
  • The hub, costing RM9.7 mil, supports over 500 entrepreneurs.
  • It transforms underutilised spaces into commercial opportunities for small businesses.
CHGP’s RM66m Kota Damansara property deal becomes unconditional

CHGP’s RM66m Kota Damansara property deal becomes unconditional

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Updated:
  • Chin Hin Group Property Bhd (CHGP) finalised its RM66 mil industrial property acquisition.
  • CHGP plans to redevelop the site into an integrated industrial-commercial hub.
  • This move expands CHGP's property development into the industrial sector.
Country Heights units face property auctions with RM207.8m combined reserve prices

Country Heights units face property auctions with RM207.8m combined reserve prices

news

Updated:
  • Two Country Heights Holdings Bhd (CHHB) properties face judicial auctions.
  • The Mines Waterfront Business Park has a reserve price of RM152.77 mil.
  • A Kajang commercial parcel is set for RM55 mil.
Paramount Corp opens eleventh Co-labs Coworking outlet in Sunway Square

Paramount Corp opens eleventh Co-labs Coworking outlet in Sunway Square

news

Updated:
  • Paramount Corp opened its 11th co-working space, Co-Labs Coworking Sunway Square.
  • It spans 19,000 sq ft, accommodating 268 people.
  • The space is 30% occupied, targeting 50% by month-end.
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JLL: KL office and retail vacancies tighten in 2Q as flight to quality gathers pace