For 1QFY2025, the REIT declared a distribution of 1.52 sen per unit, slightly lower than the 1.55 sen per unit declared a year ago.

Startled residents immediately took to social media, speculating on the source of the boom and vibrations, which occurred at 11.06am, and police said investigations are now underway.

The escalating frequency of floods in Malaysia has become a pressing concern for both residents and policymakers.

Shares of Malaysian construction companies slipped on Monday, as the government refrained from announcing new mega infrastructure projects in Budget 2025.

The government's desire to create a livable and humane People’s Housing Programme (PPR) can be achieved through home purchase tax incentives and provisions for maintenance and upgrading projects as announced under Budget 2025.

Kuala Lumpur City Hall (DBKL) will utilise the RM10 million allocated in Budget 2025 to carry out an underground utility mapping study in the federal capital’s golden triangle, said Kuala Lumpur Mayor Datuk Seri Dr Maimunah Mohd Sharif.

While the newly announced Budget 2025 is not a “property budget”, property consultants applaud the introduction of tax relief for housing loan interest payments up to RM7,000, which is expected to encourage first-time homeownership.

The Ministry of Housing and Local Government (KPKT) is grateful that 14 of its financial initiatives have been approved by Budget 2025

The National House Buyers Association (HBA) views the incentives announced in Budget 2025 on affordable housing and homeownership with high optimism and anticipation.

The Master Builders Association Malaysia (MBAM) has voiced concerns about supply chain and pricing trends for key construction materials as well as a potential rise in building costs in 2025, following the government's announcement of carbon tax and the removal of certain subsidies in Budget 2025 presented on Friday.