News by theedgemalaysia.com

Kew Green 1 comprises 171 units of two- and three-storey link homes priced between RM1.1 million and RM2.1 million.

Jesselton International Sdn Bhd has introduced The V by Jesselton, a new mixed-use development in Likas Bay, Kota Kinabalu, that will occupy a 10-acre coastal site and incorporate residential, commercial and office components.

UOA Development Bhd's (KL:UOADEV) first-ever venture outside Klang Valley will raise its net asset value and share price even as the project could come with a lower margin, said RHB Research.

Malaysia’s property transaction value fell 8.9% in the first quarter of 2025 (1Q2025) to RM51.42 billion, compared to RM56.47 billion a year earlier, according to the latest data from the National Property Information Centre (Napic).

The Real Estate and Housing Developers’ Association (Rehda) Malaysia has welcomed the government’s revision of the Sewerage Capital Contribution (SCC) rates, which took effect on March 1.

Genting Malaysia Bhd’s (KL:GENM) proposed US$41 million (RM175.5 million) acquisition to gain full control of the loss-making Empire Resorts Inc from Genting group's founding Lim family has come under the scrutiny of Bursa Malaysia Securities Bhd.

Pavilion Real Estate Investment Trust (Pavilion REIT) (KL:PAVREIT) reported a 5% rise in net property income (NPI) to RM142.75 million for the first quarter ended March 31, 2025 (1QFY2025)—from RM136.02 million a year earlier—driven by higher rental income from Pavilion Bukit Jalil and Elite Pavilion Mall.

Malaysia's central bank has kept the overnight policy rate (OPR) unchanged at 3%, as expected, while flagging rising downside risks to economic growth.

The Malaysian Institute of Property and Facility Managers (MIPFM) has submitted a formal appeal to the Ministry of Finance (MOF) and the Royal Malaysian Customs Department to reconsider and exempt maintenance fees and sinking fund contributions for stratified commercial properties from sales and service tax (SST), over a year after its implementation.

Pavilion Real Estate Investment Trust (KL:PAVREIT) has received its unitholders’ approval to acquire two hospitality assets, namely Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL), for RM480 million.