The project stands out for offering practical family-sized layouts (up to 3+1 bedrooms), freehold tenure, and a location that bridges Seri Kembangan with Bukit Jalil and Kuala Lumpur. Facilities include a swimming pool, gymnasium, multipurpose hall, landscaped deck and children’s play areas.

Key highlights:

• Suitable for own-stay families
• Freehold tenure
• Family-oriented layouts
• Mature neighbourhood setting
• Close to Bukit Jalil amenities
• Near Serdang Raya Utara MRT
• Lifestyle facilities

The post Alamanda Heights @ Taman Bukit Serdang appeared first on MET Property.

Kuala Lumpur, 18th May 2026, 6.30pm – WCT Holdings Berhad has secured a RM152.7 million infrastructure contract in Taiwan, strengthening its overseas construction portfolio through its Taiwanese subsidiary.

The new project involves upgrading part of the Sun Yat-Sen Freeway in Kaohsiung, one of Taiwan’s key transport corridors.

Contract covers 4.1km freeway stretch

According to a Bursa Malaysia filing, WCT’s Taiwan unit was awarded the contract by WU En De Construction Co Ltd.

The scope covers:

• Road construction works
• Bridge infrastructure
• Drainage systems
• Interchange upgrading works

The package focuses on a 4.1-kilometre section between the Gaoke and Gangshan interchanges, aimed at improving traffic flow and infrastructure resilience.

Construction is scheduled to commence on Aug 1, 2026, with completion targeted within 42 months.

Overseas contract boosts WCT order visibility

The Taiwan win adds to WCT’s international construction exposure, a segment investors are watching closely as Malaysian contractors increasingly expand beyond domestic infrastructure projects.

Analysts note overseas projects can improve earnings visibility while diversifying revenue sources, particularly as regional governments accelerate transport and urban infrastructure spending.

Valuation gap draws market attention

Despite the contract win, WCT remains one of the more deeply discounted construction counters on Bursa.

Shares in WCT closed at 49.5 sen, valuing the group at approximately RM772.1 million.

The stock has fallen nearly 32% over the past year, although Tuesday’s announcement saw mild buying interest.

Current valuation metrics show:

The valuation gap suggests investors may still be pricing in cautious outlooks despite WCT’s steady replenishment of contracts.

Taiwan remains strategic market

Taiwan continues to present opportunities for Malaysian engineering and construction players, particularly in transport infrastructure upgrades.

With the latest win in Kaohsiung, WCT strengthens its regional presence while adding another public infrastructure project to its overseas order book.

The post WCT Wins RM152.7 Million Taiwan Highway Contract for Sun Yat-Sen Freeway Upgrade appeared first on MET Property.

Johor, 12th May 2026, 6.30pm – Malton Berhad has officially launched Mutiara Kempas, its first residential development in Johor Bahru, achieving a 70% take-up rate since its market preview in April.

Located in Kempas, the freehold serviced apartment project carries a gross development value (GDV) of RM300 million, signalling continued demand for well-connected residential properties in Johor.

First Johor residential venture for Malton

The development comprises 562 units within a single 39-storey tower, built on a 2.8-acre freehold site along Jalan Kempas Baru.

Prices start from RM336,000, making it one of the more competitively positioned new launches near Johor Bahru’s transport corridors.

Unit sizes range between 801 sq ft and 1,024 sq ft, featuring:

• Two-bedroom layouts
• Three-bedroom layouts
• Dual-key configurations

The dual-key options are expected to appeal to multigenerational households as well as investors targeting rental demand.

Strategic location near JB-Singapore transport links

A major selling point is the project’s proximity to cross-border transport infrastructure.

Mutiara Kempas is situated approximately:

• 1.5km from KTM Kempas Baru Station
• Near the future Johor Bahru–Singapore Rapid Transit System
• With shuttle access to the Sultan Iskandar CIQ Complex

The location positions the project to benefit from growing commuter demand between Johor Bahru and Singapore.

Designed for lifestyle and flexibility

The project includes partially furnished units, equipped with:

• Kitchen cabinets
• Air-conditioning for living and master bedroom
• Instant water heaters in all bathrooms

Selected units cater to extended families or rental arrangements, while garden units offer direct access to podium facilities.

Lifestyle amenities and green features

Facilities include:

• Multipurpose hall
• Pickleball court
• Co-working space
• Swimming pool
• Gymnasium
• Meditation deck
• Herb garden

The project has also secured Provisional GreenRE Bronze Certification, reflecting growing emphasis on sustainable residential developments.

Johor growth corridor supports demand

Malton executive director Hong Lay Chuan said buyers today are placing greater emphasis on affordability, efficient layouts and commuting convenience.

Analysts note Mutiara Kempas could benefit from rising interest in Johor residential properties as the Johor-Singapore Special Economic Zone and RTS Link continue to reshape housing demand.

Completion by 2030

The project is targeted for completion in second quarter 2030.

Malton said Mutiara Kempas builds on its existing track record, which includes established developments such as:

• Bukit Jalil City
• River Park
• Duta Park Residences
• Mutiara Hilltop

The post Malton Launches Mutiara Kempas in Johor Bahru, Achieves 70% Take-Up Since Preview appeared first on MET Property.

Kuala Lumpur, 11th May 2026, 3.30pm – Malaysia’s property developers continue to see strong momentum in the high-end residential segment, supported by resilient demand for luxury homes despite recent geopolitical tensions in the Middle East.

According to RHB Investment Bank Berhad, the country’s luxury property market remains largely unaffected by the regional conflict, with premium residential projects in key locations recording encouraging sales.

Demand driven by foreigners and affluent local buyers

The research house said demand is being supported by a combination of:

• Foreign buyers
• Existing homeowners upgrading
• Downsizers seeking premium residences

Key hotspots include:

• Mont Kiara
• Damansara Heights
• Kuala Lumpur City Centre
• Iskandar Malaysia

These areas continue to attract interest due to their established infrastructure, lifestyle offerings and investment appeal.

Premium launches record strong take-up

Several newly launched projects have seen strong response.

Among them:

• UEM Sunrise Berhad’s The Minh was reported to be nearly sold out
• Pavilion Square, developed by Pavilion Group, also recorded near full take-up
• Eco World Development Group Berhad’s Chateau II in Eco Botanic, Johor, was reportedly overbooked by two to three times

RHB noted that some projects saw foreign buyers accounting for at least 20% of purchasers, particularly from Singapore, China and Taiwan.

Developers maintaining confidence

The research house said property sales remained resilient during the first quarter of 2026, even as geopolitical uncertainty intensified earlier in the year.

It expects most developers to maintain their sales targets when upcoming quarterly results are released, rather than revising guidance downward.

“High-end properties are selling strongly, and selling prices for selected launches are holding up well,” the report noted.

Flexible cost management supports margins

RHB highlighted that developers have greater flexibility than many industries when managing rising costs.

This includes adjusting:

• Product specifications
• Building materials
• Pricing strategies

Such flexibility helps developers protect margins amid cost pressures linked to global economic uncertainty.

Top property stock picks

RHB maintained an “overweight” call on Malaysia’s property sector and identified:

• Sime Darby Property Berhad
• Eco World Development Group Berhad

as its preferred sector picks.

Outlook for premium segment

Industry analysts say the resilience of the luxury segment reflects sustained wealth accumulation among high-net-worth individuals, stronger foreign interest and confidence in prime locations.

The trend may also support pricing stability for developers with premium projects in strategic urban and regional growth corridors.

The post Malaysia Luxury Property Market Remains Resilient as Premium Home Demand Stays Strong appeared first on MET Property.

The development features contemporary residential towers surrounded by landscaped greenery and lifestyle facilities, catering primarily to young families, professionals and upgraders seeking a balanced living environment within the city.

One of the project’s standout features is its emphasis on wellness and resort-style living, incorporating lush gardens, recreational spaces and lifestyle-oriented communal facilities. The development also offers practical layouts with modern interior planning suitable for urban lifestyles.

Key highlights include:

• Freehold tenure
• Developed by Berjaya Land Berhad
• Nature-inspired residential concept
• Resort-style facilities
• Family-oriented layouts
• Strategic Bukit Jalil location
• Easy connectivity to major highways and urban conveniences

Its location within Bukit Jalil places residents close to established amenities, educational institutions, retail hubs and recreational attractions to young professionals, first-time buyers and upgraders seeking connectivity and convenience.

The post Oaka Residences @ Bukit Jalil appeared first on MET Property.

Kuala Lumpur, 08th May 2026, 3.30pm – The Ministry of Housing and Local Government Malaysia is evaluating the introduction of an Option to Purchase (OTP) clause under the proposed Real Property Development Bill as part of broader reforms aimed at reducing delayed, sick and abandoned housing projects nationwide.

Housing and Local Government Minister Nga Kor Ming said the proposed mechanism forms part of the government’s Reformasi Perumahan Madani agenda to modernise Malaysia’s housing regulatory framework and strengthen long-term industry sustainability.

Proposed OTP mechanism to reduce early project risks

Under the proposed system, both homebuyers and developers would be allowed to withdraw from a property transaction before the execution of the Sales and Purchase Agreement (SPA).

Nga said the approach could reduce premature financial and legal commitments while enabling developers to better gauge actual market demand before advancing construction.

“The proposed OTP clause gives both parties greater flexibility before signing the SPA, while helping developers assess real market demand and project viability,” he said during the StarProperty Awards 2026.

Preventing financial bottlenecks and unsold units

According to Nga, the mechanism could help developers avoid financial strain arising from weak sales performance during construction phases.

He noted that stronger demand validation at the early stage may reduce risks associated with:

• Sick housing projects
• Project abandonment
• Unsold residential units

Industry observers say the move could introduce a more market-driven approach to project launches while improving financial discipline within the property sector.

Malaysia property market records strongest performance in a decade

Nga also highlighted the strong performance of Malaysia’s property market, which recorded over RM240 billion in transaction value in 2025, the highest level seen in the past 10 years.

The growth reflects improving market confidence supported by political stability and favourable economic conditions.

More than 1,500 sick projects revived

Since December 2022, KPKT’s special task force on sick and abandoned housing projects has successfully revived over 1,500 housing developments nationwide.

The revived projects represent a combined gross development value (GDV) exceeding RM140 billion, benefiting more than 176,000 homebuyers.

Digital transformation across housing ecosystem

In parallel with legislative reforms, the ministry is also accelerating digitalisation initiatives across the housing sector through platforms such as:

• e-SPA
• TEDUH (Transforming and Empowering Data Usage in Housing)
• Housing Integrated Management System (HIMS)

These systems aim to improve operational efficiency, transparency and data management throughout the housing ecosystem.

Targeting zero sick housing projects by 2030

Nga reaffirmed the government’s target of achieving zero sick housing projects by 2030, stressing that collaboration between the public and private sectors will be essential.

He added that the Madani government remains committed to delivering quality, sustainable and affordable housing while strengthening consumer protection and industry resilience.

The post KPKT Studies Option to Purchase Clause to Reduce Sick and Abandoned Housing Projects appeared first on MET Property.

Kuala Lumpur, 04th May 2026, 3.30pm – The Malaysian Islamic Economic Development Foundation continues to expand its affordable housing efforts under the Sinar Lestari programme, with 268 homes completed nationwide to date for underprivileged communities.

Minister in the Prime Minister’s Department (Religious Affairs) Mohd Na’im Mokhtar said the initiative aims to provide safer and more comfortable living conditions for low-income families through strategic collaborations.

Progress towards nationwide housing target

Since its launch in 2020, the programme has targeted the construction of 374 housing units across Malaysia, with ongoing efforts to complete the remaining projects.

Each unit is built at an estimated cost of RM80,000, supported by partnerships with various organisations to accelerate delivery and expand reach.

In Terengganu alone, 35 houses valued at nearly RM2 million have been completed under the initiative.

Fast-track construction to meet urgent needs

Authorities noted that each home is typically completed within four months, allowing assistance to reach beneficiaries efficiently.

The programme is further strengthened through collaboration with the Sultan Mizan Royal Foundation, enhancing both implementation capacity and outreach.

Beyond housing: improving livelihoods

Officials emphasised that Sinar Lestari goes beyond providing shelter by integrating financial assistance and entrepreneurship support to improve long-term economic stability for recipients.

Beneficiaries are encouraged to build sustainable income streams, with some planning small businesses such as automotive workshops to support their families.

Real impact on beneficiaries

Recipients say the programme has significantly improved their quality of life.

One homeowner shared that her family previously lived in a cramped 12×12 sq ft rented room, before moving into a newly built house with three bedrooms and two bathrooms.

Strengthening social housing ecosystem

The Sinar Lestari initiative reflects broader efforts to enhance Malaysia’s social housing framework, particularly for vulnerable groups, while promoting community wellbeing and financial resilience.

Industry observers note that such programmes complement national housing policies by addressing affordability gaps and supporting inclusive development.

The post YAPEIM’s Sinar Lestari Programme Delivers 268 Homes to Low-Income Families Nationwide appeared first on MET Property.

Kuala Lumpur, 29th April 2026, 1.50pm – Shares of UEM Sunrise Berhad extended gains for a fourth consecutive session, driven by market speculation over potential corporate activity and the perceived undervaluation of its Johor landbank.

The stock rose to an intraday high of 67 sen before closing at 66.5 sen, with over 103 million shares traded. The latest surge lifted its market capitalisation to approximately RM3.37 billion.

Strong rally adds over RM800 million in value

Since April 22, UEM Sunrise has climbed nearly 32%, adding more than RM800 million in market value, as investor interest intensified.

Market watchers attribute the momentum largely to expectations of a potential re-rating and renewed focus on unlocking value from the group’s extensive landbank in Johor.

Undervaluation sparks takeover speculation

According to Malacca Securities head of research Loui Low, the rally is partly driven by speculation that the company could become a corporate takeover target.

He noted that the stock is currently trading at a significant discount to its book value of RM1.36 per share, prompting investors to anticipate a possible upward correction.

“When a stock trades at a steep discount, it tends to attract speculation on its fair value and potential corporate activity,” he said.

Re-rating potential under new strategy

Meanwhile, Hong Leong Investment Bank said UEM Sunrise could be poised for a re-rating, supported by management’s strategy to monetise its sizeable Johor landbank.

The research house upgraded the stock to “buy” from “hold”, raising its target price to 90 sen from 56 sen previously — the most bullish projection among analysts tracked.

Analysts see further upside

The current consensus target price stands at 73 sen, based on Bloomberg data, with a mix of four “buy” and two “hold” recommendations, suggesting a potential upside of around 10% from current levels.

Implications for property sector

UEM Sunrise’s rally highlights renewed investor attention on landbank-driven valuation plays, particularly in Johor, where infrastructure developments and cross-border initiatives continue to boost long-term prospects.

Industry observers note that companies with large strategic landholdings may see increased interest as developers look to unlock value through development, partnerships or corporate restructuring.

The post UEM Sunrise Shares Extend Rally on Takeover Speculation and Johor Landbank Value appeared first on MET Property.

Kuala Lumpur, 28th April 2026, 4.00pm – Malaysian Investment Development Authority has supported the approval of tax incentives and exemptions for 220 projects in Johor, reinforcing the federal government’s push to position the state as a key industrial and investment hub.

Deputy Minister of Investment, Trade and Industry Sim Tze Tzin said the initiative reflects strong coordination between Johor’s strategic geographic advantages and national policy support.

Johor emerges as top investment destination

Johor recorded a historic RM110 billion in approved investments for 2025, involving 1,348 projects, marking a 69.6% increase year-on-year.

The performance places the state as Malaysia’s leading investment destination, driven largely by growth in high-value sectors such as machinery and transport equipment manufacturing.

“This reflects a structural shift towards high-technology and capital-intensive industries,” Sim said during a business engagement session with the Johor Bahru Chinese Chamber of Commerce and Industry.

Federal agencies driving growth momentum

Sim noted that the Ministry of Investment, Trade and Industry Malaysia, together with agencies such as Malaysia External Trade Development Corporation, has prioritised Johor as a core engine of national economic growth.

Through these efforts:

• Over 4,000 Johor-based companies benefited from export and capability development programmes
• Initiatives included the Service Export Fund, eTrade 2.0, and export training schemes
• RM7.2 million in Market Development Grants (MDG) was distributed to 512 companies

These measures aim to enhance the global competitiveness of local businesses while strengthening Johor’s export ecosystem.

Aligned with national economic strategies

The state’s rapid growth is supported by key national frameworks, including:

• New Industrial Master Plan (NIMP) 2030
• Johor-Singapore Special Economic Zone

Sim emphasised that these initiatives are designed to attract high-quality investments and generate sustainable economic opportunities.

Focus on jobs and long-term economic impact

The federal government aims to ensure that incoming investments translate into high-income employment opportunities, particularly for the younger workforce in Johor.

“We remain committed to working closely with the Johor state government to sustain its role as a primary growth engine for Malaysia,” Sim said.

Implications for property and industrial sector

Johor’s strong investment inflows are expected to drive demand across multiple property segments, particularly:

• Industrial and logistics assets
• Commercial developments
• Residential demand in key growth corridors

Industry observers note that the continued expansion of manufacturing and cross-border initiatives such as the JS-SEZ could further strengthen Johor’s position as a regional investment and property hotspot.

The post Johor Secures RM110 Billion Investments as MIDA Backs 220 Projects with Incentives appeared first on MET Property.

Kuala Lumpur, 27th April 2026, 4.00pm – Malaysia is hosting the 30th World Congress of the Eastern Regional Organisation for Planning and Human Settlements, bringing together urban planners, architects, engineers, developers and policymakers from across the Asia-Pacific region.

The congress, held at Courtyard by Marriott Melaka from April 23 to 26, was officiated by Deputy Prime Minister Fadillah Yusof, according to a statement by the Ministry of Housing and Local Government Malaysia.

Focus on “City Assets for Community Gains”

This year’s theme, “City Assets for Community Gains”, centres on the effective management of urban resources — including infrastructure, public amenities, environmental assets, cultural heritage and digital systems — to support long-term community wellbeing.

The discussions highlight the increasing importance of integrated urban planning strategies amid growing challenges such as rapid urbanisation, climate risks and evolving expectations for city living.

Malaysia takes leadership role in regional planning body

On the sidelines of the congress, KPKT secretary-general M Noor Azman Taib was appointed president of EAROPH for the 2026–2028 term.

With the organisation’s international secretariat now based within KPKT, Malaysia is set to play a more prominent role in shaping regional urban development policies.

A key priority under the new leadership will be the development of the EAROPH Strategic Plan 2040, aimed at establishing a long-term framework for sustainable urban growth across the Asia-Pacific region.

Key discussions on urban resilience and city development

The congress features keynote addresses from:

• Aiman Athirah Sabu
• Emil Elestianto Dardak
• Maimunah Mohd Sharif

In addition, seven dialogue sessions involving over 20 international speakers are covering topics such as:

• Urban resilience and infrastructure funding
• City design and liveability
• Community development strategies
• Urban governance and management

Implications for Malaysia’s property and development sector

The congress carries significant relevance for Malaysia’s property industry, particularly in addressing key challenges faced by developers and local authorities.

These include:

• Ageing infrastructure
• Climate resilience requirements
• Budget and funding constraints
• Rising expectations for urban services and liveability

Industry stakeholders note that better management of urban assets could directly influence property values, investment decisions and long-term city competitiveness.

Malaysia’s continued role in regional urban planning

This marks the fifth time Malaysia has hosted the EAROPH World Congress since 1992, reflecting its ongoing involvement in regional urban development discourse.

The next EAROPH Regional Congress is scheduled to take place in Japan in 2027, followed by the 31st World Congress in Manila in 2028.

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