News by Halim Yaacob

Malaysia is sitting on one of Southeast Asia's most compelling digital investment stories — RM342.58 billion in approved digital investments, 114,854 projected jobs of which 97% are knowledge-worker roles, and a position as the world's second-largest developing-economy recipient of digital FDI. 

Malaysia has quietly cemented its position as the second-largest developing-economy recipient of digital foreign direct investment (FDI) globally, trailing only India — a milestone that carries significant implications for Grade A office demand, industrial land values and data centre real estate across the country's three primary digital investment hubs.

Lagenda Properties Bhd, one of Malaysia's leading affordable housing and integrated township developers, delivered a historic operating performance for the financial year ended Dec 31, 2025 (FY2025), surpassing the RM1 billion revenue mark for the first time while recording its highest-ever annual confirmed sales.

Iskandar Waterfront City Bhd (IWCity), one of Eastern Johor Bahru's largest waterfront landowners with a freehold-dominant landbank straddling the Johor-Singapore Special Economic Zone (JS-SEZ) corridor, has filed its annual report and corporate governance report for the financial year ended Dec 31, 2025 (FY2025) with Bursa Malaysia.

Chin Hin Group Property Bhd (CHGP) has terminated its RM1.15 billion gross development value (GDV) residential project in Taman Connaught, Cheras, after conditions precedent relating to the requisite development approval were not fulfilled within the stipulated approval period.

SkyGate Solutions Bhd's property investment arm delivered steady recurring income in the financial year ended Dec 31, 2025 (FY2025), even as its property development segment contracted sharply — while a manufacturing surge pushed group revenue up 35.1% to RM90.0 million from RM66.65 million in FY2024, according to its annual report filed with Bursa Malaysia on April 30, 2026

Construction and property group Pesona Metro Holdings Bhd has delivered its strongest financial performance in recent years, with group revenue surging 38% to RM705.9 million in the financial year ended December 31, 2025 (FY2025), propelled by a first full-year contribution from its newly acquired property development arm and steady billings across its construction order book.

A 253-acre freehold landbank in Alor Gajah, Melaka — bought for RM45.60 million in 2023 to develop mixed residential and commercial properties — is now the centrepiece of an indicative US$1.1 billion (RM4.36 billion) Artificial General Intelligence (AGI) data centre development, after DPS Resources Bhd's wholly-owned subsidiary signed a memorandum of understanding (MoU) with an Alibaba Group-affiliated technology firm.

The retail and office arms of the IGB group both reported stronger first-quarter results, though the scale of their performances diverged sharply — with IGB Real Estate Investment Trust's (IGB REIT) malls posting blockbuster growth on the back of a new acquisition, while IGB Commercial Real Estate Investment Trust (IGB Commercial REIT) delivered a steady, organic improvement across its office portfolio, according to its Bursa Malaysia announcements.

Tropicana Corp Bhd is deepening its bet on Langkawi's tourism-driven property market, with its wholly-owned subsidiary Tropicana Scenic Development Sdn Bhd (TSDSB) acquiring two separate parcels of land on the island for a combined consideration of RM195.88 million, according to the company's announcements on Bursa Malaysia.