Axis Real Estate Investment Trust (KL:AXREIT) is acquiring an industrial property in Seberang Perai Tengah for RM800 million from Ann Joo Steel Bhd, to whom it is leasing back the asset post-acquisition.

Malaysia has launched the Advanced Chip Testing Centre at CoPlace 9 in Cyberjaya, with the opening of the Malaysia Semiconductor IC Design Park 2 (IC Park 2).

The Ministry of Housing and Local Government (KPKT) has undertaken price mapping of affordable homes based on median income levels by state and district, using data from the 2022 Household Income and Basic Amenities Survey Report.

Q Centre Group on Thursday marked the groundbreaking of Q Centre @ Teratai, a 9,000-bed centralised labour quarters (CLQ) in Meru, set to become the largest such facility planned in Klang.

Malaysia’s central bank kept the benchmark interest rate unchanged as expected on Thursday, drawing comfort from resilient economic growth and tame inflation.

Jesselton International is set to offer The V by Jesselton, a RM1.5 billion mixed-use waterfront development along the Likas Bay coastline.

Semenyih, once regarded as a quiet town on the outskirts of Selangor, has transformed into one of Greater Kuala Lumpur’s most dynamic growth corridors. Over the years, it has attracted higher-income households, professionals, and investors to its balance of quality living and value-for-money properties.

Noteworthy:

• Built-up size: 1,400 sq ft  
• Semi-furnished
• Nearby amenities: Semantan MRT Station, Plaza Damansara, DC Mall, Pavilion Damansara Heights, Damansara City, Peninsula Residence All Suite Hotel.
• Accessibility: Jalan Dungun, Jalan Semantan, Sprint Expressway, Damansara Link, Jalan Maarof, Federal Highway, Penchala Link.

August 2025

Export-Import Bank of Malaysia Bhd (EXIM Bank) has extended a US$70 million Islamic Overseas Investment Financing facility to Berjaya Okinawa Investment (S) Pte Ltd, a wholly owned subsidiary of Berjaya Land Bhd, to support the development of the prestigious Four Seasons Resort & Private Residences Okinawa, Japan (Four Seasons Okinawa).

Construction and property development group Kerjaya Prospek Group Bhd (KL:KERJAYA) said it has secured an RM87.66 million contract to undertake building works for a commercial development project in Shah Alam.