News by Myia S Nair

Glomac Bhd (KL:GLOMAC) has appointed Fateh Idzham Datuk Seri Fateh Iskandar—better known as FD Idzham—as a group executive director, marking the entry of the third generation into the property developer’s leadership ranks.

Extended mortgage tenures and higher loan-to-value ratios have made expensive homes more “affordable” in terms of monthly payments, but have contributed to higher overall house prices.

Johor has established itself as Malaysia’s second-largest residential market in 2025, following Selangor, based on both transaction volume and value.

Renting out residential property carries inherent responsibilities for owners, particularly in ensuring that units are used for lawful and intended purposes. 

Rental scams in Malaysia are on the rise, but despite reports made, victims have shared that they see no tangible action to either recover their losses nor stem the criminal activities.

Supply limitations in the Greater Kuala Lumpur office market are expected to intensify from 2027, with only a single non-strata Grade A office project scheduled for completion. 

Real estate solutions provider Hartamas Real Estate has entered into a Memorandum of Understanding (MOU) with UCAN Technologies Sdn Bhd to collaborate on the adoption of artificial intelligence (AI)-driven solutions.

Eastern & Oriental Bhd’s (E&O) Laman Embun, its first commercial precinct in the City of Elmina, Shah Alam, has achieved full take-up.

Gamuda Land UK is advancing two core business streams in the United Kingdom (UK), with priority centred on a major office development in the City of London and a growing portfolio of student accommodation, Gamuda Land UK head Niall Emmet Farmer told EdgeProp ahead of the Rehda Institute CEO Series 2026 conference on Jan 15.

Developer WM Senibong Bhd has completed the acquisition of Kews Senibong Sdn Bhd and the landholdings of the Senibong Golf Club from Walker Corporation Pty Ltd.