News by EdgeProp.my

Lim Seong Hai Capital Bhd (LSH Capital) has received a letter of offer from Perbadanan Aset Keretapi (RAC) for the proposed purchase and development of two parcels of land measuring approximately 17.4 acres in Mukim Pekan Country Height, Daerah Petaling, Selangor, at an offered price of RM197.9 million. 

NCT Alliance Bhd is expanding its industrial landbank in Selangor through a RM53 million subscription for an 80% controlling stake in Semanja Murni Sdn Bhd (SMSB), a vehicle sitting on five parcels of leasehold land totalling 176.71 acres in Mukim Tanjong Duabelas, Kuala Langat.

The city council here (MBPJ) had issued a two-week, stop-work order for a hillside project at the vicinity of Empire Residence, Damansara Perdana over safety concerns.

Sime Darby Property is strengthening its industrial presence in Klang through the expansion of Bandar Bukit Raja Business Park, an ESG-led industrial township.

Malaysia's property market remained stable with moderate growth in the first quarter of 2026 (1Q2026), recording 89,966 transactions worth RM51.9 billion, according to the Valuation and Property Services Department (JPPH).

ACE Market-listed WTEC Group Bhd is acquiring an industrial building in Semenyih, Selangor for RM10.80 million to consolidate its manufacturing operations under one roof, according to its Bursa announcement.

Al-'Aqar Healthcare Real Estate Investment Trust (Al-'Aqar REIT) has announced that the sale and purchase agreement (SPA) for the proposed disposal of its KPJ Healthcare College building in Penang has become unconditional following the fulfilment of all conditions precedent.

Country Heights Holdings Bhd (CHHB) has resolved a winding-up petition filed by the Malaysian government against one of its wholly-owned subsidiaries, Country Heights Commercial Development Sdn Bhd (CHCD).

Sime Darby Property Bhd is strengthening its Negeri Sembilan  industrial footprint with the rollout of XME Business Park 2 in Nilai Impian, supported by continued demand for factory and logistics space.

When Malaysia's most ambitious financial district was mapped out on a 70-acre freehold site along Jalan Tun Razak, the residential towers were supporting cast — amenities for the bankers and lawyers who would fill the Grade A office blocks rising around them. The real story, the planners said, was the offices. The mall. The skyline.