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Consultant warns of speculation risks in red-hot Johor property market

Consultant warns of speculation risks in red-hot Johor property market

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Updated:
  • Johor's property market is thriving due to the RTS Link and JS-SEZ, but risks of over-speculation exist.
  • Growth is strongest along the RTS and JS-SEZ corridor, with rising prices driven by optimism.
  • According to Rahim & Co’s latest report, Johor was among the top-performing states.
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Malaysia’s ECRL enters testing phase as 519km Kota Bharu-Gombak track completed

Malaysia’s ECRL enters testing phase as 519km Kota Bharu-Gombak track completed

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Updated:
  • Malaysia's East Coast Rail Link (ECRL) is now in testing after completing track construction.
  • The project is 93% complete, with operations expected to start in early 2027.
  • Full completion is scheduled for late 2026, connecting key regions and enhancing regional connectivity.
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Malaysia's REIT sector still offers defensive appeal backed by tourism push, policy support, says RHB Research

Malaysia's REIT sector still offers defensive appeal backed by tourism push, policy support, says RHB Research

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Updated:
  • Malaysia's REIT sector is seen as a defensive investment with steady yields and growth from Visit Malaysia 2026.
  • Despite geopolitical tensions, investor interest in domestic earnings and dividends remains strong.
  • Retail and industrial REITs are expected to benefit, while the office segment shows signs of recovery.
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Adnex says wider interior fit-out industry still steady amid Middle East war

Adnex says wider interior fit-out industry still steady amid Middle East war

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Updated:
  • Adnex Group Bhd reports that geopolitical tensions haven't significantly impacted its operations.
  • The firm sources most materials domestically and from China, but rising oil prices could affect costs.
  • Adnex plans to expand in Malaysia and Southeast Asia, with a strong order book indicating growth potential.
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Rehda Institute to lead Malaysian delegates to UK for urban regeneration study mission

Rehda Institute to lead Malaysian delegates to UK for urban regeneration study mission

news

Updated:
  • The Rehda Institute will lead a Malaysian delegation to the UK from March 19 to 25 for a study mission.
  • Delegates will engage with UK experts on sustainable urban development and participate in strategic forums.
  • The mission aims to translate international insights into practical solutions for Malaysia's housing and urban planning challenges.
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PNB turns down Sunway's offer for IJM shares

PNB turns down Sunway's offer for IJM shares

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Updated:
  • Permodalan Nasional Bhd (PNB) has rejected Sunway Bhd's voluntary takeover offer for its IJM stake.
  • Decision followed a thorough evaluation, focusing on PNB's fiduciary duty and long-term value considerations.
  • PNB emphasised that IJM's market valuation does not reflect its true value.
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IJM reviewing key businesses, assets after rebuffing Sunway’s offer

IJM reviewing key businesses, assets after rebuffing Sunway’s offer

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Updated:
  • IJM Corporation is reviewing its business strategy, including monetising part of its 3,000-acre land bank.
  • The company aims to focus on smaller projects and has a pipeline of investment properties worth RM5 billion.
  • Key initiatives include rationalising its India portfolio and exploring options for its toll road assets.
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S P Setia launches Raya campaign with incentives of up to RM370,000

S P Setia launches Raya campaign with incentives of up to RM370,000

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Updated:
  • S P Setia Bhd has launched a Hari Raya Aidilfitri sales campaign with incentives for home buyers.
  • The "Rezeki Bonanza" campaign offers up to RM370,000 in rewards and a RM4,000 bonus for timely bookings.
  • Festive events and a Raya-themed game will enhance engagement at sales galleries across Malaysia.
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KL Fest 2026 set to revive capital’s historic core with 80 events

KL Fest 2026 set to revive capital’s historic core with 80 events

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Updated:
  • Kuala Lumpur Festival (KL Fest) will run from May 6 to 31, featuring over 80 cultural events.
  • The festival aims to attract 100,000 visitors and boost local businesses through diverse programming.
  • This year's theme, "Memory & Tomorrow", emphasises community engagement and accessibility in the arts.
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Semantan files further discovery application for pre-Merdeka land records, ahead of assessment proceedings

Semantan files further discovery application for pre-Merdeka land records, ahead of assessment proceedings

news

Updated:
  • Semantan Estate has filed for pre-Merdeka land records to aid in compensation assessment proceedings.
  • They seek documents to establish land value and zoning from 1956 for a proper market valuation report.
  • Compensation hearing is set for April 3-10, following a court ruling on land valuation based on 1956 prices.
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Consultant warns of speculation risks in red-hot Johor property market