Malaysia Property Trend

KLUANG (Nov 22): Keretapi Tanah Melayu Bhd's Electric Train Service 3 (ETS3) for the Johor Bahru-KL Sentral route is expected to commence operations on Dec 12, said Transport Minister Anthony Loke Siew Fook. He said the service's inauguration ceremony is scheduled for Dec 11 and the ministry has sought the consent of the King, Sultan Ibrahim Sultan Iskandar, to officiate the launch in Johor Bahru. He said the initial focus of the ETS3 will be the Johor Bahru-Kuala Lumpur rou

KUALA LUMPUR (Nov 25): There has been a reduction in the number of sick, delayed and abandoned projects as a result of the swift and effective actions taken by the Task Force on Sick and Abandoned Private Housing Projects (TFST), in collaboration with stakeholders. Deputy Housing and Local Government Minister Datuk Aiman Athirah Sabu said delayed projects showed the biggest drop of 24%, from 146 to 111 projects, as of Oct 31. She added that, during the same period, the number

KUALA LUMPUR (Nov 25): The East Coast Rail Link (ECRL) project recorded an overall progress of 89% as of October this year, according to Malaysia Rail Link Sdn Bhd (MRL) chief executive officer Datuk Seri Darwis Abdul Razak. He said the target of achieving 90% progress by year end is drawing closer, thanks to the integrated efforts and strong commitment of the MRL team together with the project’s implementation partners.    “With preparations now shifting to the testing and c

Coronation Square Mall is the retail component of the upcoming Coronation Square development that will be connected direction to the RTS link (Picture: CapitaLand Investment, Coronade Properties) SINGAPORE (Nov 25): CapitaLand Investment Limited (CLI) has been appointed by Coronade Properties to help shape the retail vision for Coronation Square Mall, set to become Johor Bahru City Centre's largest retail landmark. The 1.2 million sq ft mall will be a key feature of the RM5 b

(Photo by Zahid Izzani/The Edge) KUALA LUMPUR (Nov 27): FIABCI-Malaysia has pledged full support for the federal government’s Urban Renewal Bill 2025 while urging the authorities to provide clear regulations, implementation guidelines and approved timelines to ensure effective execution. In a press statement issued on Thursday, the organisation said it stands ready to work closely with government agencies and industry stakeholders to realise the initiative’s objectives. “The

KUALA LUMPUR (Nov 19): Data centres in Selangor and Johor consumed a fraction of the water they requested last year, with the government saying revenue from the centres is sufficient to safeguard the water supply system. In a parliamentary reply on Tuesday (Nov 18), Energy Transition Minister Datuk Seri Fadillah Yusof revealed that data centres in Selangor and Johor were allocated less than a third of their initial water supply request. In Selangor, nine data centres request

Cyberview CEO Kamarul Ariffin Abdul Samad (third from left) with the team from the technology hub development division. (Photo courtesy of Cyberview) KUALA LUMPUR (Nov 19): Cyberjaya was rated gold under the newly introduced Smart Township 2025 Certificate of Recognition, becoming the first city in Malaysia to receive the honour. “This milestone is a proud moment for all of us at Cyberview and a testament to the collective effort driving Cyberjaya’s growth. While this recogni

PETALING JAYA (Nov 18): Malaysia's growing investment in hyperscale and artificial intelligence (AI)-ready data centres will lower the barriers for small and medium enterprises (SMEs) to adopt Industry 4.0 technologies, said Malaysian Investment Development Authority (Mida) chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid. Speaking at the Federation of Malaysian Manufacturing New Manufacturing Summit earlier on Tuesday, he said this infrastructure provides

GEORGE TOWN (Nov 18): Construction work on the Mutiara Line Light Rail Transit (LRT) project, scheduled to begin in January 2026, will proceed as planned, including during the Chinese New Year celebration in February and Aidilfitri in March. State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari (pictured) said the work could not be delayed due to the very tight construction timeline required to complete the project by December 2031. “In addition,

KUALA LUMPUR (Nov 12): Khazanah Nasional Bhd, through its wholly-owned subsidiary Destination Resorts and Hotels Sdn Bhd, has invested over RM4 billion in the development of Johor’s Desaru Coast and Legoland Malaysia Resort, according to the Ministry of Finance (MOF). In a written reply published on the Dewan Rakyat portal, the ministry said the investment covers infrastructure development and strategic tourism assets, including internationally rated hotels. The MOF added tha

KUALA LUMPUR (Nov 12): Asia's data centre expansion will significantly increase power demand through 2028, with Malaysia, Indonesia and India identified as key growth markets in the region, according to BMI, a unit of Fitch Solutions. BMI said in a statement on Wednesday that its technology team forecasts an average of 9.7% year-on-year data centre capacity growth across Asia Pacific (Apac) between 2025 and 2028. “Asia’s data centre market is experiencing rapid growth, drive

(Photo taken from Facebook of Anwar Ibrahim) BUKIT MERTAJAM (Nov 8): The federal government will extend the Penang Light Rail Transit (LRT) project alignment to Seberang Perai to ensure balanced development in the state that benefits all segments of the people, regardless of race, said Prime Minister Datuk Seri Anwar Ibrahim. (pictured) Anwar said he personally decided on it after reviewing the original proposal, which only involved areas on the island without connecting the

Aerial view of Johor Bahru KUALA LUMPUR (Nov 7): Johor recorded the strongest property price growth in the third quarter of 2025 (3Q2025), driven by notable increases in both serviced apartment and landed home values compared with 2024. Average transaction price for serviced apartments surged by 20.8% from RM549 per square foot (psf) in 2024 to RM711 psf in 2025, said JLL Malaysia managing director Jamie Tan at the firm’s 3Q2025 market briefing on Tuesday. This was generate

At the groundbreaking ceremony were (from left): Paragon Globe Bhd (PGB) senior independent director Tee Boon Hin; UOB Malaysia exec director and area manager of south area centre Goh Boon Siang; PGB group exec director Datuk Seri Godwin Tan Pei Poh; Majlis Bandaraya Johor Bahru mayor Datuk Mohd Haffiz Ahmad; PGB exec chairman Datuk Seri Edwin Tan Pei Seng; Johor Sustainability Centre CEO Fayzul Haji Omar and PGB independent director Datuk Ismail Karim. KUALA LUMPUR (Nov 7):

Nga speaking at the Housing Innovation and Technology Summit 2025 in Hong Kong on Nov 4 (Photo from Facebook/KPKT Malaysia) KUALA LUMPUR (Nov 7): The Ministry of Housing and Local Government (KPKT) is studying the proposal to redevelop abandoned commercial buildings into affordable housing projects. “A comprehensive study covering legal, technical, and financial aspects is being conducted to ensure such initiatives can benefit the public without imposing additional fiscal str

Shops at Eco Majestic Semenyih KUALA LUMPUR (Nov 5): 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. Historically, Semenyih was a small agricultural settlement surrounded by lush greenery and forest reserves. Its gradual ur

KUALA LUMPUR (Nov 5): Data centres across Malaysia are currently consuming less than half of their declared electricity demand, which could create the risk of stranded assets, the government flagged. To ensure overall power supply stability, the government is looking for data centres to achieve 85% of the declared maximum demand, deputy minister of Investment, Trade and Industry Liew Chin Tong (pictured) told the Dewan Rakyat during a question-and-answer session on Wednesday.

SEREMBAN (Nov 4): Demand for residential properties in Negeri Sembilan continues to increase strongly, driven by economic stability and high consumer confidence. Real Estate and Housing Developers’ Association (Rehda) Negeri Sembilan branch chairman Datuk Desmond Yap Poh Seng said Negeri Sembilan is currently undergoing rapid transformation from a transit area to a dynamic and competitive economic zone. He said the state's economic growth was also driven by the implementation

KUALA LUMPUR (Nov 4): Malaysia’s data centre sector is entering a strategic consolidation phase as it integrates substantial new capacity while major infrastructure upgrades take shape, said JLL Malaysia data centre transactions and capital market manager Sum Chun Kit. Sum said that the country’s total installed data centre capacity currently stands at 835MW, with projections to exceed 1,850MW by 2026 and more than 4,000MW beyond 2030.  "This will turn Malaysia into one of th

KUALA LUMPUR (Nov 4): The signing of bilateral agreements with foreign countries is expected to spur investment inflows and help offset the cost of developing carbon capture, utilisation and storage (CCUS) industrial hub infrastructure in Malaysia. Deputy Economy Minister Datuk Hanifah Hajar Taib said collaborations with countries such as Singapore, South Korea and Japan would position Malaysia as a CCUS hub in the Asia-Pacific region. “This will in turn pave the way for new