Week 32 - 2025
WHOLESALE, RETAIL TRADE HITS RM153.0 BILLION IN JUNE 2025
The Edge, 08/08/2025 & NST, 07/08/2025
Malaysia’s wholesale and retail trade sector grew 4.8% year-on-year (y-o-y) in June 2025, with total sales reaching RM153.0 billion, according to the Department of Statistics Malaysia (DOSM). The growth was supported by strong performances in both retail and wholesale segments. Retail trade sales rose 5.4% y-o-y to RM67.5 billion, led by non-specialised stores (up 5.7% to RM26.2 billion) driven by supermarkets, mini markets, and convenience stores. Specialised store sales climbed 5.9% to RM14.3 billion, boosted by cosmetics, clothing, jewellery, and optical goods. Wholesale trade sales increased by 5.2% y-o-y to RM68.3 billion, with notable growth in wholesale of food, beverages, and tobacco (up 6.7% to RM13.9 billion), particularly meat, poultry, eggs, rice, grains, flour, sugar, and bakery products. Wholesale of household goods expanded 5.3% to RM14.4 billion, driven by electrical and electronic goods, clothing, furniture, and lighting equipment. The sector’s steady growth was supported by strong domestic consumption and festive-driven spending during Aidiladha and the mid-year school holidays.
AJIYA SELLS TWO PARCELS OF LAND IN NEGERI SEMBILAN FOR RM51 MILLION
The Edge, 05/08/2025
Ajiya Bhd is selling two industrial land parcels in Hamilton Industrial Park, Nilai, Negeri Sembilan, for a total of RM51.94 million as part of its plan to monetise non-core assets and boost liquidity. Its subsidiaries Ajiya Safety Glass Sdn Bhd and Asia Roofing Industries Sdn Bhd signed separate Sales and Purchase Agreement to sell a 9.135-acre parcel to Kumkang Kind (M) Sdn Bhd for RM29.76 million and a 6.7-acre parcel to H H Hardware Sdn Bhd for RM22.18 million, both above market valuations.
HCK CAPITAL ACQUIRES TWO PLOTS OF LAND IN SELANGOR FOR RM38.6 MILLION
The Edge, 04/08/2025
HCK Capital Group Bhd is acquiring two freehold land parcels in Setia City BizPark, Selangor, from Bandar Setia Alam Sdn Bhd for a total of RM38.64 million in cash. Purchased via its indirect subsidiary Reside Capital Sdn Bhd, the first 1.2107-acre plot is priced at RM19.51 million, while the second 1.2199-acre plot costs RM19.13 million. The deals are subject to conditions including Economic Planning Unit approval (if applicable), issuance of separate titles, and State Authority consent.
S P SETIA’S ELYSIAN LAUNCHES WITH 40-UNIT FREEHOLD OFFERING IN SETIA ALAMSARI, KAJANG
The Edge, 05/08/2025
S P Setia Bhd has launched Elysian, a 40-unit freehold residential enclave within its 775-acre Setia Alamsari township in Kajang, Selangor, comprising 18 bungalows and 22 semidees in a low-density, exclusive setting. Built on land sizes from 40’ x 80’ to 60’ x 100’, with built-ups ranging from 2,946 sq. ft. to 3,295 sq. ft., the semidees are priced from RM1.63 million, while bungalows start from RM2.18 million. All homes feature sustainability elements such as solar panels, EV charging points, rainwater harvesting, smart-home technology, and digital locks. Residents will enjoy access to The Lawn private garden, jogging trails, landscaped gardens, and a 7.7-acre lake, alongside nearby amenities including golf clubs, theme parks, and educational institutions like UKM.
MAH SING ACQUIRES CORUS HOTEL SITE FOR RM260 MILLION, PLANS KLCC SERVICED APARTMENTS WITH RM1.28 BILLION GDV
The Edge, 07/08/2025 & The Star, 08/08/2025
MUI Group has sold its prime 1.485-acre freehold land, currently housing the Corus KLCC Hotel, to Mah Sing Group Bhd for RM260 million. Located within a five-minute walk to the Petronas Twin Towers and Suria KLCC, the site will be redeveloped into a premium serviced apartment project with an estimated gross development value of RM1.28 billion, with units priced from RM898,000. Mah Sing highlighted the site’s unmatched accessibility, being within walking distance of major landmarks and connected to multiple MRT and LRT stations, as well as pedestrian walkways linking to key city destinations. The project, situated in a Transit Planning Zone, aims to create a prestigious address with strong international appeal and long-term value.
TANCO FORMALISES LAND DEAL FOR PORT DICKSON FREE ZONE, SETS STAGE FOR PHASED DEVELOPMENT
The Edge, 07/08/2025
Tanco Holdings Bhd has signed a supplemental agreement with Menteri Besar Negeri Sembilan (MBINS) to formalise the acquisition and financing structure for the 600-hectare Port Dickson Free Zone (PDFZ) industrial park. Under the revised terms, MBINS purchased the first 300 acres from SD Guthrie Bhd for RM88.5 million (RM6.77 per sq. ft.) and will hold it on behalf of joint venture company PDFZ Sdn Bhd, jointly owned by Tanco’s subsidiary Tanco Land Sdn Bhd and MBINS. Development of the first phase will start once the land is registered in MBINS’ name. PDFZ will complement Tanco’s planned smart AI container port in Negeri Sembilan, featuring a 1.8km jetty, terminal, and 8,711,224 sq. ft. container handling area, aimed at strengthening the group’s logistics and industrial footprint in the state.
BWYS GROUP TO DISPOSE OF BANTING INDUSTRIAL PROPERTIES FOR RM67 MILLION
The Edge, 04/08/2025
BWYS Group Bhd has agreed to sell its industrial properties in Banting, Selangor, to Yusin Machinery (Malaysia) Sdn Bhd for RM67 million. The 339,386 sq. ft. site includes three blocks of four-storey office buildings, three single-storey detached factory blocks, and an ancillary building. Expected to complete by 1Q26 pending shareholder and regulatory approvals, the sale is projected to yield a gain of RM33.8 million in FY2026. The disposal of assets bought in 2019 for RM28 million, enables the group to unlock value, support operations, and realign resources to sustain growth.
AXIS REIT ACQUIRES WAREHOUSE IN PORT KLANG FOR RM80 MILLION
The Edge, 04/08/2025
Axis Real Estate Investment Trust (Axis REIT) is acquiring a warehouse in Port Klang from TS Worldwide Warehousing Sdn Bhd for RM80 million in cash. The property comprises a single-storey detached warehouse with an annexed double-storey office, a 1½-storey detached warehouse, and ancillary buildings, situated on a 10.19-acre leasehold site to be subdivided and delivered by the vendor. TS Worldwide, involved in electricity rental and distribution operations, will finalise the land subdivision before handover.
PTT SYNERGY TO PUT RM2.3 BILLION IN SMART WAREHOUSES
The Star, 07/08/2025
PTT Synergy Group Bhd will invest RM2.3 billion in capital expenditure over the next two years to develop four new automated warehouses, strengthening its high-tech intralogistics and industrial solutions business. With 15 automated warehouse projects planned in Malaysia, the group aims to expand its storage capacity from 600,000 pallets (six million sq ft) to two million pallets within three to five years. Its first smart logistics facility, PTT Logistics Hub 1 in Sungai Buloh—built on a 2.63ha site with a GDV of RM180 million—offers 168,000 sq ft of warehouse space and 90,000 sq. ft. for operations, accommodating 31,000 pallets and currently 70% occupied. Group MD Teo Swee Phin said the robotics segment, comprising automated warehouses, is expected to match construction division earnings in about three years.
PARK HYATT MAKES LANDMARK DEBUT IN MERDEKA 118
The Edge, 07/08/2025
Hyatt Hotels Corporation has opened Park Hyatt Kuala Lumpur, marking the luxury brand’s debut in Malaysia and its 50th property worldwide. Located within the upper floors of Merdeka 118 — the tallest building in Asia Pacific and second tallest in the world — the hotel spans levels 75 to 114, offering panoramic views of Kuala Lumpur’s skyline. The opening is a milestone for the brand’s regional expansion, noting it is the first Park Hyatt in Malaysia and one of three Hyatt properties opening in Kuala Lumpur within a year. The “sanctuary in the sky” features 252 guest rooms, including 27 suites, each with floor-to-ceiling windows and city views. Interiors blend refined minimalism with locally inspired art. Amenities include wellness facilities and dining concepts rooted in Malaysian culture.
MAH SING OPENS RM1.5 BILLION M GRAND MINORI SALES GALLERY; SEES 90% TAKE-UP OF TOWER A
The Edge, 06/08/2025
Mah Sing Group Bhd’s maiden project under its premium M Grand Series, M Grand Minori in Taman Pelangi, Johor, recorded a 90% take-up rate for the non-Bumiputera units in Phase 1 of Tower A during its sales gallery launch. The 5.99-acre freehold mixed-use development, with an estimated GDV of RM1.5 billion, features a retail podium and two serviced apartment towers with units ranging from 403 sq. ft. to 835 sq. ft., including studio, one-bedroom, one-plus-one-bedroom, and three-bedroom layouts, some with a dual-key concept. Strategically located 3km from the upcoming Bukit Chagar RTS station, which will link directly to Singapore’s Woodlands North in five minutes, the project is positioned to benefit from cross-border demand and the Johor-Singapore Special Economic Zone. Units are partially furnished and complemented by 41 lifestyle amenities, sustainability features such as EV charging stations and rainwater harvesting, and essential on-site commercial services. Residents will also have convenient access to schools, hospitals, malls, and recreational facilities within a short distance.
ERSA AT ASPEN VISION CITY OFFERS FLEXIBLE HOMES WITH URBAN SEA VIEWS
The Edge, 05/08/2025
VERSA, a freehold serviced residence by Aspen Group in Batu Kawan, Penang, is part of the Aspen Vision City masterplan and set for completion in 3Q27. Designed for adaptable, multi-functional living, the project offers 980 units of 703 sq. ft., 2-bedroom, 2-bath layouts with either sea or central park views, priced between RM492,000 and RM596,400. Located within walking distance to IKEA Batu Kawan and near the Penang Second Bridge, VERSA benefits from the area’s growing status as a northern growth hub, with 2024’s average non-landed property price in Batu Kawan at RM442,000. Facilities include a sky garden, swimming pool, gym, and multipurpose room, with commercial elements integrated into the ground floor.
PARAMOUNT LAUNCHES SUSTAINABLE TOWNSHIP EMBUN HILLS IN BUKIT MERTAJAM
The Edge, 04/08/2025
Paramount Property has launched Paramount Embun Hills, a 69.2-acre freehold gated-and-guarded township in Bukit Mertajam, Penang, its third development in the state. Located along Jalan Kulim at the foothills of the Bukit Mertajam rainforest reserve, the RM460 million GDV township will be developed over four years. The launch follows the success of Utropolis Batu Kawan and Paramount Palmera.
