News about Malaysia

KUALA LUMPUR (May 6): Maybank Investment Bank (Maybank IB) on Friday cut Genting Malaysia Bhd's earnings per share (EPS) for the financial year ending Dec 31, 2022 (FY22) by 40% as the Omicron wave which began in Malaysia in February slows Resorts World Genting's (RWG) recovery.

KUALA LUMPUR (April 28): CapitaLand Malaysia Trust (CLMT) posted a 45% rise in net property income (NPI) to RM36.

PETALING JAYA (Apr 27): Knight Frank Malaysia acquired real estate agency Property Hub Sdn Bhd in a joint venture (JV) and rebranded the agency as Knight Frank Property Hub Sdn Bhd.

PETALING JAYA (April 26): The rapidly growing e-commerce sector will continue to boost market demand for logistic properties in Malaysia and other Asia Pacific countries, according to JLL Property Services (M) Sdn Bhd.

PETALING JAYA (April 18): EdgeProp has signed a Memorandum of Understanding (MoU) with PropNex Malaysia in providing comprehensive marketing solutions for the agency.

KUALA LUMPUR (April 18): The Master Builders Association Malaysia (MBAM) has expressed their concern about high building material prices and called on the Malaysian government to alleviate the price pressures contractors face.

SUBANG JAYA (April 14): Malaysia Aviation Group and Sunway Group have signed a memorandum of understanding (MoU) to explore wide-ranging joint initiatives that include new business opportunities, joint marketing campaigns, and branding and promotional activities.

KUALA LUMPUR (April 12): The Malaysia Retailers Association (MRA) said on Tuesday it is appealing to the government to review and stagger the minimum wage hike of 25% come May 1, 2022 for the retail industry.

PETALING JAYA (April 12): Knight Frank Malaysia expects to see an increase in hotel transactions over the next 24 months, supported by improved appetite of hotel owners and operators as shown in its latest market survey report.

The real estate industry is constantly changing in tandem with the emerging technologies.