Source from: The Edge Malaysia, Original Article
KUALA LUMPUR (Dec 28): Our cover story for the final issue of the year discusses the evolution of townships in Malaysia, from basic structures to full-fledged master plans today. Property consultants note that rising land costs, changing lifestyles and higher consumer expectations have driven developers to adopt master-planned approaches that combine homes with schools, healthcare, retail, workplaces and recreational spaces.
Modern townships now prioritise walkability, placemaking, SME-centred commercial spaces and proper maintenance plans for long-term value. The future of these townships looks a lot brighter, according to the consultants, with the help of advanced technologies, renewable energy and nature-based solutions.
In the same issue, we look at key highlights shaping Malaysia’s 2025 real estate industry, including the launch of the Penang LRT Mutiara Line, progress on the Johor Bahru–Singapore Rapid Transit System, as well as several large-scale developments such as the launch of affordable housing projects and industrial parks.
A poll of property consultants from across the world reveal that the global real estate landscape in 2025 was cautious due to higher interest rates and inflation. Industrial and logistics assets continue to attract strong interest due to supply chain constraints and demand from e-commerce and manufacturing sectors.
Residential sectors remain resilient in cities facing housing shortages, while prime offices and retail centres showed signs of recovery. The consultants also shared what to expect in 2026.
Additionally, this issue explores architectural excellence through a visual showcase of iconic sporting venues around the world. The featured stadiums highlight how design can transform large-scale infrastructure into cultural landmarks.
Our final My Space column for the year is by Master Builders Association Malaysia (MBAM) president Oliver Wee. According to him, the construction industry experienced a roller-coaster year, balancing policy uncertainty with positive milestones.
Looking ahead, MBAM expects growth in 2026, supported by government infrastructure spending, data centre investments and renewable energy projects, despite ongoing cost and regulatory pressures.
