News by EdgeProp.my

Three recent Bursa Malaysia filings have revealed a major industrial land assembly in Kapar, with WG Malaysia VIII Sdn Bhd, a DayOne-linked acquisition vehicle, acquiring about 157 acres of adjoining freehold land for a combined RM687.89 million.

CPE Technology Bhd's wholly owned subsidiary, Champion Precision Technology Sdn Bhd (CPT), is acquiring a freehold industrial property with an existing factory in Ulu Tiram, Johor, for RM10 million cash to expand the group's manufacturing capacity, according to a Bursa Malaysia filing.

S P Setia Bhd is inviting Malaysians to take part in its Setia Lenscape photography contest, offering a total prize pool of RM50,000 for photographs capturing everyday life across its townships.

A total of 217 landowners in Kampung Valdor, Penang have received temporary land title approval letters for the extension of their leasehold tenure to 99 years.

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.