A new rent-to-own (RTO) scheme model will be introduced to offer a more flexible and affordable rental system, aimed at enhancing homeownership opportunities for the rakyat.

The motivations driving homebuyers in Malaysia have undergone a significant transformation. There is a stark contrast between past and present generations, particularly a diminished focus on speculative gains among today’s young homebuyers.

CIMB Securities has raised Gamuda Bhd’s (KL:GAMUDA) forecasted job wins for the financial year ending July 31, 2026 (FY2026) to RM22 billion and to RM25 billion for FY2027, after the group was shortlisted for two developments in Sydney, Australia.

Axis Real Estate Investment Trust (KL:AXREIT) said it plans to distribute the net gain on disposal of The Annex of RM8.8 million to unitholders over three quarters.

EcoFirst Consolidated Bhd (KL:ECOFIRS) has reported a 66.5% drop in fourth-quarter net profit to RM13.95 million, from RM41.70 million a year earlier, weighed down by reduced fair value gains on investment properties and higher costs.

UEM Sunrise Bhd (KL:UEMS) unveiled the sales gallery of its One Oval mixed-use development in Perth, Australia on Wednesday.

Paramount Corp Bhd (KL:PARAMON) has no plan to acquire additional F&B businesses after the acquisition of a 28% stake in Singapore-listed Envictus International Holdings Ltd, said group chief executive officer Jeffrey Chew Sun Teong.

Noteworthy:

• Freehold
• Built-up size: 2,700 sq ft
• Land size: 3,519 sq ft
• 4 bedrooms, 3 bathrooms
• Unfurnished
• Nearby amenities: KSL City Mall, Johor Bahru City Square, KPJ Specialist Hospital Johor, SMK Sultan Ismail
• Accessibility: Pasir Gudang Highway, Eastern Dispersal Link, Jalan Tebrau, Jalan Tun Abdul Razak

When: March 2025

The Selangor State Development Corporation (PKNS) yesterday organised a preview/industrial showcase of GRIP Kota Puteri Phase 1 to promote the industrial development project featuring 52 modern semi-detached factory units and 13 industrial land lots.

S P Setia Bhd conducted a ground breaking ceremony for its flagship development, Setia Garden Residences in Ho Chi Minh City, Vietnam on July 26.