MBSB Investment Bank Bhd maintained a positive outlook on the property sector, expecting solid buying interest to support developers’ prospects.

Construction outfit TRC Synergy Bhd (KL:TRC) has secured a RM249 million contract to build new complex buildings in Precint 5, Putrajaya.

Noteworthy:

• Freehold
• Built up size: 2,000 sq ft
• 3 bedrooms, 3 bathrooms
• Semi-furnished
• Floor location: mid
• Nearby amenities: Hartamas Shopping Centre, Sunway 163 Mall, Garden International School, Mont’Kiara International School, Gleneagles Kuala Lumpur, Damansara Specialist Hospital, Hartamas Park
• Accessibility: SRINT, DUKE, Jalan Tun Razak, MRR2, Penchala Link, LDP

Tropicana Aman, the 863-acre township by Tropicana Corp Bhd, recently hit three key milestones.

Malaysian real estate investment trusts (M-REITs) are expected to remain supported into 2026 by lower interest rates and catalysts from the Visit Malaysia 2026 (VM2026) tourism campaign, said Hong Leong Investment Bank (HLIB).

Jesselton Courtyard, a freehold residential development in Penang, Malaysia, will be launched for sale to Singapore buyers at an event hosted by Savills Singapore during the weekend of Jan 17 and 18.

Malaysia’s construction industry is expected to expand at an average annual rate of 4% between 2026 and 2029, supported by sustained public and private investment in housing, oil and gas supply chains, and digital infrastructure, according to the latest Construction Market Insights report by Linesight.

The 25th International Architecture, Interior Design and Building Exhibition (Archidex 2026) aims to surpass total business transactions of RM1.4 billion generated in 2025, and expects around 40,000 visitors.

Shares of Sunway Bhd (KL:SUNWAY) and IJM Corporation Bhd (KL:IJM) ended Tuesday on a mixed note as investors weighed Sunway's proposed RM11 billion cash-and-share takeover of IJM against the group’s upcoming healthcare listing.

Kumpulan Jetson Bhd (KL:JETSON) is disposing of its entire equity interest in GRP Sdn Bhd, an indirect wholly owned subsidiary, for a total consideration of RM14.8 million, as part of a portfolio rationalisation exercise.