30/10/2025

PROPERTY THURSDAY | OCT 30, 2025

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Singapore firm brings eco tiny homes to Malaysia

Magma Group and KLCC Holdings sell Impiana KLCC stakes for RM315m KUALA LUMPUR: Magma Group Bhd and KLCC (Holdings) Sdn Bhd are selling their stakes in Heritage Lane Sdn Bhd (HLSB), the owner of Impiana KLCC Hotel, for RM315 million. In a statement, Magma said its wholly owned unit Astaka Mekar Sdn Bhd (AMSB), together with KLCC Holdings Sdn Bhd, has signed a share sale agreement with Harum Aspirasi Sdn Bhd for the sale. KLCC Holdings will sell its 80% stake, while AMSB will sell its 20% stake in Heritage Lane. In a statement, Magma said the sale price is higher than the hotel’s market value of RM300 million, showing strong investor confidence in the property. Magma group managing director and group CEO Datuk Seri Thomas Liang Chee Fong said that the joint divestment represented a strategic step to unlock value and enable the asset’s next phase of growth with a strong new partner. “The proceeds will strengthen our balance sheet and support Magma’s expansion into lifestyle and property ventures,” he said. Magma said its portion of RM63 million will be paid fully in cash when the deal is completed, and the funds will be used for loan repayments, investments, working capital and related expenses. “Once the sale is completed, HLSB will no longer be an associate company of Magma. The deal is expected to be completed by the first quarter of 2026, subject to shareholders’ approval,” it added. – Bernama Sunway Cochrane to redefine connected, sustainable urban living KUALA LUMPUR: Community Developer Sunway Property’s Sunway Cochrane, a 5.4 acre freehold serviced apartment development, is set to redefine connected and sustainable urban living in the heart of Kuala Lumpur. With Sunway Cochrane, Sunway Property CEO Chong Sau Min said they are setting a new benchmark for transit-oriented development in Kuala Lumpur by placing direct MRT access, GreenRE compliance, and future-ready features such as EV charging at the heart of the design. Sunway Cochrane is Sunway Property’s response to the challenges of city living, delivering homes that combine efficient, smart design with unbeatable connectivity. By addressing common urban pain points such as long commutes and limited access to lifestyle conveniences, it offers residents a smarter, more integrated way to live in Kuala Lumpur. Sunway Cochrane reflects Sunway Property’s long-term commitment to the United Nations Sustainable Development Goals, particularly UNSDG 11: Sustainable Cities and Communities. The development is fully GreenRE-compliant and designed with long term sustainability and livability in mind, incorporating smart home systems and EV charging facilities that support a more energy efficient, connected lifestyle. For homeowners, Sunway Cochrane offers a balanced lifestyle where essentials and experiences are close at hand. For investors, its sustainable design, lifestyle appeal, and direct MRT connectivity, contribute to its long-term rental and capital growth potential.

PETALING JAYA: Big Tiny Pte Ltd, the Singapore-founded pioneer in eco-tourism and tiny-house hospitality, has expanded its footprint into Malaysia with two eco-conscious tiny houses now installed at the Amigo Clubhouse @ 16 Sierra, Puchong – marking its first presence in the Klang Valley. “We see growing interest from eco conscious millennials and families seeking unique, short-haul experiences, driven by rising awareness of sustainability and experiential travel. By bringing this tiny home concept to Malaysia, we offer not only new travel experiences but also the opportunity for Malaysians to own tiny homes globally,” said Big Tiny co-founder and CEO Adrian Chia. Founded in 2017 in Singapore by Chia, Dave Ng and Jeff Yeo, Big Tiny has grown from its first tiny house in Australia to a global presence with six international offices, more than 650 tiny homes across 19 countries including Australia, Japan, New Zealand, Taiwan, Singapore, Europe, and now Malaysia. The company operated an end-to-end model that designed, manufactured, deployed and managed tiny houses on underutilised land, transforming overlooked plots into curated, low impact destinations. Acting as the linchpin, Big Tiny connects landowners, tiny-house owners and travellers in one ecosystem: landowners unlock income without major capital outlay; owners enjoy passive returns; and travellers access unique, nature-immersive stays. Stays are listed on Tiny Away (tinyaway.com), Big Tiny’s platform for discovering and booking tiny house experiences across its global portfolio. Big Tiny’s integrated approach to engineering, manufacturing, and sustainable hospitality minimises environmental impact at every stage. Their network of 12 production and assembly plants – including facilities in Kulai, Johor (Malaysia); Melbourne, Brisbane, Sydney and Perth (Australia); Christchurch (New Zealand); Oradea (Romania); and Hsinchu County (Taiwan) – have reduced building material waste by at least 15% through smarter panel design and close supplier collaboration. A o Big Tiny makes debut in Klang Valley with units for short-term stays

From left: Yeo, Ng, Chia and 16 Sierra general manager Calvin Sew sharing insights on how small homes can have a big impact at Big Tiny’s entry into the Klang Valley.

its off-grid category, supporting evolving technologies and the rising demand from eco conscious travellers. “Looking ahead, we see eco-conscious travel shifting from simply doing less harm to actively giving back. Guests will increasingly seek regenerative experiences that improve local ecosystems and communities. That’s the standard we’re building towards – treating each site as a living lab, piloting environmental tech and circular materials to show how small, well-designed stays can deliver outsized local benefits,” said Chia. Amigo Clubhouse is owned by IOI Properties Group Bhd. This collaboration brought together two organisations dedicated to shaping sustainable living experiences, aligning IOI Properties’ commitment to Environmental, Social and Governance principles with Big Tiny’s mission to create impactful, low-footprint stays. The public is invited to the upcoming Big Tiny Fiesta on Nov 7 and 8, from 4pm to 11pm at the Amigo Clubhouse @ 16 Sierra, Puchong.

strategic shift from mild steel (lifespan of 10–15 years) to more durable light gauge steel (lifespan of 25–50 years) extends service life and reduces long-term replacement needs. The company is also pursuing green procurement, targeting at least 15% recycled content in materials by 2030. Each unit is thoughtfully designed and engineered to sit lightly on the land without permanent foundations, blending comfort with environmental sensitivity. Features such as rainwater harvesting and composting toilets are deployed where feasible to minimise resource use and maintain harmony with the natural surroundings. On the operational front, Big Tiny incorporates renewable energy solutions, with current solar systems supplying up to 35% of a unit’s total energy needs. Plans are underway to increase this contribution by an additional 10% by 2030 through solar-wind hybrid systems and enhanced energy-efficient appliances. The company’s long-term vision is to steadily grow

SP Setia, Mitsui Fudosan in RM1.3b Setia EcoHill JV SHAH ALAM: SP Setia Bhd, through its wholly owned subsidiary Setia EcoHill Sdn Bhd, has entered into a joint venture (JV) with property investment firm Mitsui Fudosan (Asia) Malaysia Sdn Bhd to form Setia MF EcoHill Sdn Bhd, which will develop a 113-acre residential project within the Setia EcoHill township in Semenyih. marketability to local owner occupiers and investors. “Following our first collaboration with Mitsui Fudosan in Setia Federal Hill in December 2023, we look forward to deepening and strengthening our relationship with them in the long-term,” he said. listed in the Prime Market section of the Tokyo Stock Exchange, is the number one company in terms of revenue and profit (FY24) in the Japanese real estate market.

With a presence across nearly all areas of the real estate business in Japan and abroad, Mitsui Fudosan has developed landmark projects such as the Kasumigaseki Building – Japan’s first skyscraper; Mita Tsunamachi Park Mansion – the country’s first super high-rise condominium; Mitsui Outlet Park Osaka Tsurumi – Japan’s first factory outlet mall; and Tokyo Disneyland. The company’s mission lies in “Transforming the city, Transforming the future”, providing diversified services and creating values. With a GDV of RM5 billion, the freehold, master-planned Setia EcoHill comprises residential and commercial developments with a total land bank of 673 acres.

He added that Setia remains focused in accelerating developments within the Semenyih and Bangi corridor, which is in line with group’s strategic landbank management objectives. Mitsui Fudosan (Asia) Malaysia Sdn Bhd managing director Masayoshi Saito said “We are honoured to continue our partnership with Setia on our first landed housing project in Malaysia – a key milestone for Mitsui Fudosan. Together, we aim to deliver quality, sustainable homes in Setia EcoHill.” Founded in 1673, The Mitsui Fudosan Group, with its real estate division formed in 1941 and

The proposed residential development comprising 683 units of bungalows, semi detached and cluster homes with an estimated GDV of RM1.3 billion, will be launched in phases, with its maiden launch in 2026. The partnership is expected to bode well for both Setia and Mitsui Fudosan, offering co branding opportunities, technical knowledge sharing, and improvements to the overall development concept. Setia president and CEO Datuk Zaini Yusoff remarked they are confident that this partnership will boost Setia EcoHill’s overall profile and

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