property development · 8 stories
Kerjaya Prospek wins its first data centre job — RM858mil in Johor — and takes full ownership of 4.5 acres in Tanjung Bungah on the same day
The contractor accepted an RM858 million MEP fit-out award for an unnamed data centre in Iskandar Puteri, its largest contract ever, pushing its order book to a record RM5.9 billio…
IJM Waterfront Shoppes soft-opens 29 October
The retail component of IJM Land and Perennial’s The Light City in Gelugor is set to soft-open on 29 October 2026, matching IJM’s own October guidance. quoted “1.5 million sq ft NL…
Kong Thai Lai, George Town’s 106-year-old kopitiam, closes on 26 September — pushed out by a third property sale
The Hainanese coffee shop founded on Lorong Hutton in 1920, and a daily haunt of the late Tan Sri Loh Boon Siew, will serve its last cup on 26 September 2026. Its third-generation …
RM500 million bridge to Pulau Jerejak starts next month — and Penang wants a financial hub on the other side
Road widening begins in September for the 1km bridge giving Pulau Jerejak its first-ever road access. On the island: a 32ha development pitched as a financial centre for Penang’s 2…
Frasers Property and Tan & Tan to redevelop 5.15ha former F&N factory site in Section 13, Petaling Jaya
A 5.15-hectare parcel in Section 13 that once held a Fraser & Neave factory is becoming PJ Quarter, a two-phase mixed-use precinct. The deal that brought Tan & Tan in alongside Fra…
Chin Hin buys 2.6-acre Jalan Sultan Ismail site from YNH for RM455 million — about RM4,000 psf
YNH Property is selling a freehold Golden Triangle parcel it has held since 2004 for RM455 million — about 5.9 times its book value, and 9% below an independent valuation. The gap …
A Century of Tin Smelting Ends in Butterworth — Potential 40 Acres Straits City Re-development
Malaysia Smelting Corporation has moved its smelting operations from Butterworth to Pulau Indah, Klang, retiring a plant that ran for more than a hundred years. The freehold land i…
E&O and Majestic Gen to Buy Prime Jalan Kia Peng Site for RM189.9mil
An E&O-led joint venture with Majestic Gen is acquiring a 5,682 sq m freehold site on Jalan Kia Peng in the KLCC precinct for RM189.9mil — about RM3,100 psf — for a premium high-ri…
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