IOI Properties sells 136 acres of industrial land for RM740 mil
SELANGOR (Feb 4): IOI Properties Group Bhd inked an agreement to sell three plots of land at its IOI Industrial Park @ Banting for RM740.
SELANGOR (Feb 4): IOI Properties Group Bhd inked an agreement to sell three plots of land at its IOI Industrial Park @ Banting for RM740.
KUALA LUMPUR (Feb 4): AME Elite Consortium Bhd (KL:AME) has secured a RM214.
KUALA LUMPUR (Jan 31): UMediC Group Bhd (KL:UMC), through its wholly-owned subsidiary UWHM Sdn Bhd, has signed a lease agreement with Penang Development Corporation (PDC) for a 3.
KUALA LUMPUR (Jan 26): The industrial sector has stood out as the strongest performer amidst Malaysia’s property market, which recorded mixed results across the industrial, residential, and commercial segments in the first nine months of 2025.
TAIPEI (Jan 22): In a dense corner of Taoyuan, Taiwan, autonomous AGV (automated guided vehicle) robots glide through a smart warehouse with surgical precision, processing high-tech components from the second a sale is recorded, to final packing— all in under 12 minutes.
The regularisation plan, outlined by Perak Corp in February last year, consist of a capital reduction, a joint development project, RM89.
Demand in the industrial sector is expected to rise in higher-value industries such as electrical and electronics, semiconductors, data centres and technology-related manufacturing, according to CBRE | WTW’s Malaysia Real Estate Market Outlook 2026 report.
The land was valued at RM25 million by Raine & Horne International Zaki + Partners Sdn Bhd on Nov 19, and was originally bought for RM16.
The sale “highlights the strong market demand for our high-specification facilities and the institutional-grade nature of our industrial parks”.
The scope of works includes earthworks, soil treatment and ancillary site preparation activities for the new industrial project in Ijok.