Malaysia’s property transaction value fell 8.9% in the first quarter of 2025 (1Q2025) to RM51.42 billion, compared to RM56.47 billion a year earlier, according to the latest data from the National Property Information Centre (Napic).
MTrustee Bhd, acting on behalf of Hektar REIT, has entered into an agreement with Wan Realty Sdn Bhd and Darul Modal Sdn Bhd for the acquisition, valued at RM26 million, according to a bourse filing on Tuesday.
Oriental Kopi Holdings Bhd is proposing to acquire a parcel of leasehold land measuring 5,260.8 sq m in Kuala Langat, Selangor, from Icon Facade Sdn Bhd for RM23mil.
The freehold land in Melaka, which The Edge understands is the biggest tract within the industrial and commercial hub, is situated about 17km from Malacca International Airport. It currently houses a solar panel manufacturing plant.
"Landowners are given ample time to clear their arrears. They will first be served with Notice 6A. If the arrears remain unpaid, only then will we proceed with Notice 8A, which allows land administrators to seize the land," he said in response to a question from appointed assemblyman Mohd Fadzli...
Environmental NGO Peka says the Perak and federal authorities must return the land to the community and hold those responsible to account.
Despite facing economic headwinds from newly imposed US tariffs, Johor Bahru's property market demonstrates resilience, buoyed by significant infrastructure developments and strategic government initiatives.
Gamuda Land, a leading real estate and infrastructure developer from Malaysia, is planning to invest several more billion US dollars in the Vietnamese market in the near future.