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The Vision Business Park (VBP) features an 80:20 industrial-to-commercial ratio, with 623 acres for industrial use and 137 acres for commercial businesses of all sizes.

The sale of the property to an investment firm, Airique Property Sdn Bhd, is expected to be completed by the third quarter of 2025, with an estimated net pro forma gain of RM4.

The project, a joint venture with Belgium-based Port of Antwerp-Bruges International (PoABI), is designed to be a long-term, sustainable maritime and industrial hub that is centred on value-added and innovation-driven industries.

Fajarbaru said the work is scheduled to begin on April 11 and will span nine months, with completion expected by Jan 10, 2026.

“If 100 sq ft is built first as an increment, but in the future, the goal is to have 80-sq m (861 sq ft) houses, 80 sq m of land must be allocated today.

CIMB Securities said in its note that the domestic focus on the sector makes it relatively attractive to foreign investors.

The Johor-based property developer recorded a net profit of RM536.

Super spacious Desa ParkCity condo sold (Park Regent) | DONE DEAL 3-storey Mont’Kiara bungalow an absolute steal (Aman Kiara) | DONE DEAL Average transaction prices for industrial properties in Mukim Tanjung Minyak, Melaka, have seen steady increments each year, since 2021, which was the year with highest recorded average transacted prices post-pandemic.

Overall outstanding housing loans grew by 6.

A group covering housing, water, electricity, gas, and other fuels moderated to 2.