News by EDGEPROP.MY

Government policy, infrastructure investment and digitalisation are increasingly shaping where real estate demand is concentrated across Southeast Asia, with Malaysia well placed to benefit through the Johor-Singapore Special Economic Zone (JS-SEZ), expanding digital infrastructure and industrial corridors, according to global property consultancy JLL.

Malaysia has more than doubled its representation on Forbes Asia's Best Under A Billion 2026 list, with 19 publicly listed companies making this year's annual ranking, as the country's artificial intelligence (AI) infrastructure boom continues to drive growth among small and mid-sized businesses.

The future Sungai Nibong LRT station may eventually become one stop along Penang's first urban rail network, but the state's ambitions extend well beyond building another station.

Nestcon Bhd has secured a RM74.52 million contract to construct a 28-storey affordable apartment block in Kwasa Damansara, Selangor.

S P Setia Bhd has extended the conditional period for its proposed RM273.51 million disposal of approximately 275.40 acres of freehold land in Mukim Beranang, Ulu Langat, Selangor, to two wholly owned subsidiaries of Mah Sing Group Bhd by three months to Nov 2, 2026.

Tower Real Estate Investment Trust (Tower REIT) posted a 73% increase in net profit to RM12.46 million for the financial year ended June 30, 2026 (FY2026), driven by higher occupancy, increased rental rates and lower interest expense.

Asia Green Group has launched a developer-led mid-term stay management service at its The Pier development in Penang, broadening the project's offering beyond residential sales by introducing post-handover property management and community engagement services.

Battersea Power Station in London has unveiled a summer programme of literary-themed events, performances and workshops as part of its year-long 'A Station of Stories' campaign.

The Singapore government has completed the acquisition of 38 Oxley Road, the former home of founding prime minister Lee Kuan Yew, taking possession of one of the city-state's most historically significant sites as authorities begin studying options for how it can be developed into a public space.

Hua Yang Bhd expects FY2027 to be a pivotal year as it accelerates project launches and advances its development pipeline, following a transitional FY2026 during which it expanded its landbank and secured development opportunities, according to its annual report for the financial year ended March 31, 2026.