“About using OPR to defend the currency, it is probably not ideal, if I may say, [it is] not effective.”

TRX is designed around core placemaking strategies that prioritise pedestrians and connectivity.

Anwar pointed out that Malaysia's economic indicators, such as inflation and unemployment rates, are still relatively low, while the economy and investments are steadily growing.

“We maintain our overweight stance on both the property and MREITs sector.”

Berjaya Land said the apex court allowed its appeal against the Selangor government and the director of the JPBD with costs of RM80,000, and reinstated the orders made by the High Court in 2017.

The group said it was informed of this via a letter from the Companies Commission Malaysia dated Oct 4.

Approvals to restructure loans and reduce interest on loans for buyers of “sick and abandoned” housing projects are subject to the discretion of the financier, said the Minister of Local Government Development Nga Kor Ming.

Mitrajaya Holdings Bhd’s unit, Pembinaan Mitrajaya Sdn Bhd accepted a RM84.5 million contract for the construction of 31-storey block development in Mukim Batu, Kuala Lumpur.

Permodalan Nasional Bhd (PNB) together with the Employees Provident Fund (EPF) and Kumpulan Wang Persaraan (Diperbadankan) (KWAP) have co-invested in the Kulim II high-tech industrial asset, with a total investment value of RM2 billion.

The National House Buyers Association (HBA) has lauded the Ministry of Local Government Development (KPKT)’s move towards the build-then-sell (BTS) concept, crediting minister Nga Kor Ming and deputy minister Akmal Nasrullah Mohd Nasir “for having the courage and boldness to finally realise” it.