News by EdgeProp.my

SkyWorld Development Bhd has been named Best Performing Company in the Property Sector at The Edge Malaysia ESG Awards 2026, following its gold award in the Emerging Leader category at the 2025 edition.

UDA Holdings Bhd has launched its Bonanza Memenuhi Impian 2026 campaign, covering 21 selected residential and commercial projects nationwide and offering eligible buyers prizes including a Residensi Dedaun unit valued at RM508,000.

Heng Guan Development (HGD) has begun handing over 129 homes at Aera Gardens, marking the first residential handover under its 150-acre Aera Township in Sungai Petani North, Kedah.

Avaland Bhd’s proposed RM86.04 million acquisition of three adjoining freehold land parcels in Taman U-Thant, Kuala Lumpur, has become unconditional.

IOI Properties Group Bhd (KL:IOIPG) said its wholly-owned subsidiary IOI Marina View Pte Ltd (IOIMV) has exercised its call option to acquire MVKimi (BVI) Ltd, the holding company of Asia Square Tower 2 Pte Ltd (AST 2), the registered owner of Asia Square Tower 2 in Singapore.

IOI Properties Group Bhd (KL:IOIPG) said its wholly-owned subsidiary IOI Marina View Pte Ltd (IOIMV) has exercised its call option to acquire MVKimi (BVI) Ltd, the holding company of Asia Square Tower 2 Pte Ltd (AST 2), the registered owner of Asia Square Tower 2 in Singapore.

German life sciences company Eppendorf SE has leased an approximately 11.82-acre site at Bandar Cassia Technology Park (BCTP) in Batu Kawan, Penang, from Penang Development Corporation (PDC) for 60 years to develop its first manufacturing facility in Southeast Asia.

Nuvah Sdn Bhd, which V3D Asia Ltd identifies as its Malaysian commercial arm, is targeting the start of construction in November for Villa Bayu, a proposed 3D-printed luxury bungalow at the Gentlebre Precinct of Eco Majestic in Semenyih, Selangor.

For decades, Penang’s story has been told from the island. It is where the state’s global identity was forged — through George Town’s Unesco World Heritage status, a thriving tourism industry, multinational investments and a vibrant urban economy.

Penang’s real estate market has never been one that can easily be painted with a single brushstroke. For decades, it has been a story about water, where a narrow channel serves as a great divide that cleaves the state into two parts — a wealthy island and a working-class mainland.