Property & Real Estate news in Magistrate S Court Kuala Lumpur
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EI Power buys Shah Alam factory for RM17.2mil using IPO funds
EI Power Bhd's subsidiary is acquiring a freehold factory in Shah Alam for RM17.2 million. The purchase will be funded mainly by proceeds from its IPO, with the deal expected to complete within three months.
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Chin Hin Property enters industrial segment with RM449m Kota Damansara hub
Chin Hin Group Property Bhd has entered the industrial property development segment with The NeX, an integrated industrial-commercial hub in Kota Damansara with an estimated GDV of RM449.4 million. The project follows shareholders' approval of the group's RM66 million acquisition of a 16,222 square metre leasehold industrial site. The development is expected to be completed by 2029.
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Office unit at MOF Inc Tower in KL rented for RM80,130
An office unit at MOF Inc Tower in Kuala Lumpur was leased for RM80,130 per month. The tenants were attracted by the fully furnished unit and suitable rental terms for their expansion plans. The average asking rate for similar units in the building is RM50,351.18 per month.
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Kwasa Land seeks approval to turn 60 acres of commercial land in Kwasa Damansara into homes
Kwasa Land, an EPF subsidiary, plans to convert about 60 acres, or 13%, of commercial land in Kwasa Damansara into residential plots, pending local authority approval. The move aims to rebalance the township's master plan after market studies showed the commercial component was too high. The township targets over 60,000 residents in five years and 100,000 by 2050.
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NCT Alliance hands over first phase of RM10.2b Selangor smart industrial park, launches second phase
NCT Alliance Bhd has begun handing over vacant possession of the first phase of its NCT Smart Industrial Park in South Selangor, with nearly 90 per cent of its 280 units taken up. The company also launched KM2, the second phase adding 241 industrial units, at an event officiated by Selangor Menteri Besar Datuk Seri Amirudin Shari.
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Sime Darby Property launches first ready-built factories at BBR Business Park
Sime Darby Property has unveiled Prestige Collection 1, its first ready-built semi-detached factory offering at BBR Business Park in Bandar Bukit Raja, Selangor. The launch took place at the Bandar Bukit Raja Industrial & Commercial Connect 2026 event, where the developer also previewed its Quadria II shop offices.
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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.
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Regalton KLCC: 65-Storey Twin Towers Launch in KLCC Precinct, from RM977,200
Regalton KLCC is a new serviced residence development along Persiaran KLCC in Kuala Lumpur. The project features two 65-storey towers with 850 units, with indicative prices starting from RM977,200 and going up to about RM9.467 million.
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MYDIN to open first hypermarket at KITA @ Cybersouth township in Dengkil
LBS Bina Group has signed a lease agreement with MYDIN to open the first hypermarket at its KITA @ Cybersouth development in Dengkil. The new MYDIN store will be built on a 1.37-acre site with a floor area of 24,000 square feet as part of the KITA Avenue Square commercial component. The township currently has about 30,000 residents, a number expected to grow to 70,000.
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MAPEX 2026 property fair opens in KL, targets RM2 billion in sales
The Malaysia Property Exhibition (MAPEX) 2026 opened today at the Mid Valley Exhibition Centre in Kuala Lumpur, featuring 22 developers offering about 5,000 property units across the Klang Valley, Melaka, Pahang and Penang. Organisers expect RM2 billion in sales during the three-day event, which also includes participation from five government agencies.
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Orgabio buys Semenyih industrial property for RM11.26m to expand warehousing
Orgabio Holdings is acquiring a freehold industrial property in Semenyih, Selangor for RM11.26 million. The company plans to use the site, which is adjacent to its new factory, for warehousing to support its instant beverage premix operations.