Gamuda secures RM1.71 billion Port Dickson data centre contract; DayOne-linked vehicle assembles RM687.89 million Kapar site

Gamuda wins second Port Dickson hyperscale data centre contract this year, worth RM1.71 billion

Gamuda Bhd has secured a RM1.71 billion contract to build a hyperscale data centre in Port Dickson, Negeri Sembilan, marking its second project of this type at the location this year.

In a Bursa Malaysia filing, the group said its wholly owned subsidiary Gamuda Engineering Sdn Bhd was awarded the contract by an unnamed United States-headquartered multinational technology company. The project covers construction of a single-storey hyperscale data centre, including site infrastructure, building core and shell, and mechanical, electrical and plumbing fit-out works. Construction is scheduled from the third quarter of 2026 to the second quarter of 2028.

The contract adds to Gamuda's record RM52 billion order book as at end-April 2026 and is expected to contribute to revenue and earnings from the financial year ending July 31, 2027. Gamuda shares rose 13 sen (3.09%) to RM4.34 on Aug 5, valuing the group at RM25.93 billion.

DayOne-linked vehicle assembles 157-acre Kapar industrial site for RM687.89 million

A DayOne-linked acquisition vehicle, WG Malaysia VIII Sdn Bhd, is acquiring about 157 acres of adjoining freehold land in Kapar, Selangor for a combined RM687.89 million, according to three Bursa Malaysia filings.

The transactions consolidate three neighbouring parcels previously owned by subsidiaries of Maybulk, Eonmetall and Leader Steel into a single contiguous industrial site. The acquisitions comprise: 1) 58.03 acres from Maybulk subsidiary MBC Logistic Hub Sdn Bhd for RM278.05 million; 2) 66.03 acres from Eonmetall Land Sdn Bhd for RM273.28 million; and 3) 33 acres from Leader Steel subsidiary FerroNet Asia Sdn Bhd for RM136.56 million.

Although the vendors are separately listed companies, their circulars disclose overlapping shareholding and directorship interests involving Datuk Goh Cheng Huat, with two of the disposals classified as related-party transactions. WG Malaysia VIII was not identified as a related party in any of the circulars. The filings state that the land will form part of a larger site intended for information technology infrastructure development, although no project timeline, development cost or prospective occupiers were disclosed.

Housing ministry finalising Residential Tenancy Bill, rules out nationwide rent control

The Housing and Local Government Ministry is finalising a Residential Tenancy Bill to define the rights and responsibilities of landlords and tenants while creating a faster and more affordable mechanism for resolving disputes.

Speaking in the Dewan Negara on Aug 4, Deputy Minister Datuk Aiman Athirah Sabu said the government does not intend to introduce nationwide rent controls, citing differing local economic conditions and housing market dynamics. Instead, the ministry said it is focusing on expanding affordable rental housing, strengthening tenant protections and improving access to home ownership. It added that the Housing Credit Guarantee Scheme ceiling has been increased to RM40 billion, allowing guarantees of up to RM500,000 for eligible first-time homebuyers, including gig economy workers without fixed incomes.

As at April 30, the scheme had approved RM27.4 billion in guarantees covering 113,222 applications. Separately, PLANMalaysia is finalising planning guidelines recommending one elderly care facility for every 1,000 to 1,500 older residents, or at least one within each neighbourhood of 5,000 to 10,000 people.

Also on the radar today

Today's roundup

Digital infrastructure remained the defining theme of Malaysian property news across Aug 5 and the morning of Aug 6. Gamuda's second hyperscale data centre contract in Port Dickson and the RM687.89 million Kapar land assembly both reflected continuing investment in data centre infrastructure and the growing competition for large industrial sites. CPE Technology's factory acquisition in Johor reinforced the broader expansion of industrial manufacturing, while the Housing and Local Government Ministry outlined progress on the Residential Tenancy Bill and reaffirmed its preference for strengthening home ownership rather than introducing rent controls. Corporate developments were rounded out by Boustead's restructuring plans, Hektar REIT's funding approval for its school acquisition, and Eastern & Oriental's proposed redevelopment of its Jalan Kia Peng site.