New Launch news in Malaysia
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NBX launched in Kuching to support Sarawak Health Metropolis ecosystem
Northbank Business Exchange (NBX) was launched in Kuching as part of the Sarawak Health Metropolis development ecosystem. Sarawak Deputy Premier Datuk Amar Dr Sim Kui Hian said urban development must cover housing, business, education and healthcare, not housing alone. He described NBX as an example of the private sector complementing the Sarawak government's plans.
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Tan & Tan to launch RM655m Aviera in Bangsar South in Q4 2026
Tan & Tan Developments Bhd will launch Aviera, a freehold transit-oriented development in Bangsar South, Kuala Lumpur, in the fourth quarter of 2026. The 3.5-acre project has a gross development value of RM655 million across two towers, Aviera Flex and Aviera Skye, with indicative pricing from RM326,000 and completion targeted for 2031.
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OCR Group launches RM344mil D'Templer Hilltop Residences in Templer, Selayang
OCR Group Berhad has launched D'Templer Hilltop Residences, a RM344 million freehold landed development in Templer, Selayang North, Selangor, comprising 52 semi-detached homes and nine bungalow lots. The project sits within the existing Dolomite Templer development, and OCR has spent about RM2.5 million upgrading the guardhouse, security, landscaping and infrastructure there.
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IJM Land launches Merione Residences in George Town
IJM Land Berhad launched Merione Residences, a 39-storey tower with 145 semi-furnished residential units, in George Town, Penang. The launch follows the success of Merione Grand, which saw 100 per cent bookings for its commercial units. The project sits next to the Tun Dr. Lim Chong Eu Expressway and connects to the Penang Bridge and Penang International Airport.
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SkyAman 1 Residences launches in Cheras with 510 units across 50 storeys
SkyAman Development Sdn Bhd, a subsidiary of SkyWorld Development Berhad, has unveiled SkyAman 1 Residences, a 50-storey condominium with 510 units in Cheras, Kuala Lumpur. The 3- and 4-bedroom homes measure 1,097 to 1,548 sq ft on 99-year leasehold, with completion expected in September 2029.
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Kenyalang Smart City in Miri courts Norway for new growth corridor
Kenyalang Smart City (KSC) in Senadin, Miri, is seeking Norwegian involvement in its RM10.5 billion, 548-acre smart-city development. Imasa Dinasti Sdn Bhd chairman Ar. Teo Ah Khing met Norwegian Ambassador to Malaysia and Brunei Marianne Fosland at the Royal Norwegian Embassy in Kuala Lumpur to discuss cooperation in technology, sustainability and regional connectivity. The move follows a July Memorandum of Understanding with Muara Port Company to link KSC with Muara Port in Brunei.
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InterContinental to open first Malaysian resort in Teluk Bahang, Penang in December 2026
InterContinental Hotels & Resorts will open its first resort in Malaysia at Teluk Bahang, Penang, in December 2026. The 348-room property on the island's western coast will feature four restaurants and bars, a spa, family facilities and event spaces. It marks the brand's first resort format in the country.
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Vestland unit accepts RM410m Jalan Ampang high-rise build
Vestland Bhd's wholly owned subsidiary Vestland Resources Sdn Bhd has accepted a RM410.0 million design and build contract from Golden Armani Sdn Bhd. The job covers a 69-storey SOHO and a 78-storey SOVO at Jalan Ampang, Kuala Lumpur, with work to start Sept 15, 2026 and finish within 36 months. The group says FY26 contract wins have reached RM1.5 billion and its outstanding order book RM1.9 billion.
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DPS Resources seeks land rezoning for Melaka data centre project
DPS Resources Bhd has applied to rezone land for industrial use as it develops property and data centre initiatives in Melaka. The update came after the group's 23rd annual general meeting in Melaka, where shareholders approved all resolutions, including mandates to buy back and issue up to 10 per cent of its shares.
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Perennial Living opens Parry Avenue assisted-living project with 200 apartments
Perennial Living opened its Parry Avenue assisted-living development in Singapore in August 2026, offering 200 private apartments with medical care, rehabilitation and social activities under one roof. The S$265 million project is aimed at Singapore's fast-ageing population, with monthly prices from S$8,000 to S$13,000.
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Scientex nears 50,000 affordable homes target, posts record RM620m net profit
Scientex Bhd is close to achieving its Vision 2028 target of completing 50,000 affordable homes, with over 47,800 units already built across Peninsular Malaysia. The company also recorded its highest net profit of RM620.2 million for FY2026, driven by strong performance in its property and packaging divisions.
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Paramount keeps RM1.2b sales target, pins hopes on RM1.1b Ashbourne launch
Paramount Corp Bhd is maintaining its RM1.2 billion property sales target for FY2026, relying on the upcoming launch of its RM1.1 billion Ashbourne project in Kuala Lumpur's U-Thant enclave. The company reported RM413 million in property sales for the first half of the year, down 21% year-on-year.
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Kwasa Damansara township targets 100,000 residents in five years
Kwasa Land expects the population of its Kwasa Damansara township in Selangor to reach about 100,000 within five years as new residential projects complete. The development includes thousands of affordable housing units, with the first phase of 1,669 affordable homes targeted for completion in 2027.
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Sabah CM launches LPPB commercial project phases in Semporna
Chief Minister Datuk Seri Hajiji Noor launched Phase 1 and broke ground for Phases 2 and 3 of an LPPB commercial project at Jalan Bubul in Semporna. He said development must be intensified across all Sabah districts according to local needs, not just from the perspective of Kota Kinabalu. He also suggested the developer consider building a recreational jetty to add value to the site.
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YNH Property unveils low-density freehold condominium Residensi Bangsar South
YNH Property Berhad is launching Residensi Bangsar South, a low-density freehold condominium in Kuala Lumpur's Bangsar South area. The development features only 374 units, with some layouts exceeding 1,800 sq ft, and is positioned near the Mid Valley commercial hub.
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WOLO Mont Kiara: 60-storey hospitality-led residences launching in Dutamas
Magma Kiara Sdn Bhd is developing WOLO Mont Kiara, a 60-storey mixed-use tower along Persiaran Dutamas. The project will feature 378 branded residences, 98 serviced suites, a 63-room hotel, and retail lots, with the hotel affiliated with Marriott Bonvoy's Design Hotels. The development emphasizes a hospitality-led residential concept with design-led interiors and is positioned near the future MRT3 Dutamas station.