Nationwide property news
Property, construction and investment news from Nationwide, in short summaries with a link to the original story.
- The rise of industrial business ecosystems in Malaysia
Malaysia's industrial future will be shaped by ecosystems around land supply. The nation is working towards the New Industrial Master Plan 2030.
- Paragon Globe shareholders approve RM398m Tanjung Kupang land sale
Paragon Globe shareholders have approved the sale of land in Tanjung Kupang for RM398m. The sale is expected to generate a net gain of RM187.43m.
- YNH Property Unit Settles Tax Dispute With IRB, Winding Up Petition To Be Withdrawn
YNH Property Bhd's subsidiary, YNH Construction Sdn Bhd, has settled a tax dispute with the Inland Revenue Board of Malaysia. A winding-up petition filed against the subsidiary will be withdrawn.
- More Than Half M-REITs See ESG Impacting Property Values, But High Costs Hinder Progress
Over 80% of Malaysian REITs expect ESG factors to impact property valuations. High costs and pressure to maintain dividend distributions hinder sustainability efforts.
- Aneka Jaringan Accepts LOA For RM53 Million For Bored Piling Works
Aneka Jaringan's subsidiary received a Letter of Award for RM53.35 million. The award is for bored piling works from EDP Consulting Group.
- Malaysia well-placed to become regional logistics hub
Malaysia has the potential to become a regional logistics hub due to its strategic location and well-developed infrastructure. The country's good connectivity is also a key strength.
- Meridian Faces Delisting After Bursa Rejects Extension For Regularisation Plan
Meridian Bhd faces delisting from Bursa Malaysia. The stock exchange rejected its application for a time extension to submit its regularisation plan.
- Glomac: Rising construction costs hurting developers’ margins
Glomac's group managing director/CEO stated that rising construction costs are affecting developers. They cannot increase selling prices without impacting affordability, especially for residential properties.
- Gentari, BYD Malaysia sign MoU to support deployment of BYD Flash Charging in Malaysia
Gentari and BYD Malaysia signed a MoU to collaborate on deploying high-power charging infrastructure. They will combine their expertise in EV charging networks and charging technologies.
- CapitaLand’s 3Q Distributable Income Surges 32% To RM46 Million
CapitaLand Malaysia Trust's distributable income rose 32.2% to RM46.3 million in 3Q. This was due to new industrial and logistics properties and stronger portfolio performance.
- AME REIT’s 2Q net property income rises 11.5%
AME REIT's net property income rose 11.5% to RM16 million. Revenue increased 11.9% to RM17.55 million.
- AME REIT 2Q Net Income Rises 67% To RM15 Million
AME REIT's net income rose to RM15.17 million. The increase was due to new properties and higher rental rates.
- IOI Properties Clarifies That Acquisitions Remain In Assessment Stage
IOI Properties Group Bhd clarified that potential acquisitions are still being assessed. None have been formally considered by its Investment Committee or submitted for board approval.
- MKH Applies To Bursa For Delisting Following Takeover Offer
MKH Bhd has applied to Bursa Malaysia to delist from the Main Market. The application follows a takeover offer.
- Asia Pacific Office Demand To Grow 13% By 2030 Despite AI Disruption, CBRE Says
CBRE forecasts 13% growth in occupied office space in Asia Pacific by 2030. Developing markets, including Southeast Asia, are expected to lead demand growth.
- IOI Properties Says Plans For Secondary Listing On SGX Not Formal
IOI Properties Group Bhd is considering a secondary listing on the Singapore Exchange. No formal proposal has been submitted to its board.
- YTL Corp Wins Arbitration Against TSR Bina
YTL Corp's subsidiary won an arbitration case against TSR Bina. The tribunal ruled the termination of a subcontract was proper and lawful.
- OSK unveils refreshed brand direction, plans RM1.34b property launches in 2027
OSK Group has unveiled a refreshed brand direction. The group plans to launch RM1.34b worth of properties in 2027.
- 2027 Stamp Duty Relief: RM600k Property Could Save Buyers RM13k
The Budget 2027 includes a stamp duty relief starting January 1, 2027. First-time homebuyers of properties priced up to RM600,000 may save up to RM13,000.
- Unsold homes worth RM17.78b: Expert says clear existing stock first
There were 33,094 unsold completed residential units in the first half of 2026. This is up from 30,471 in the preceding half-year.
