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Inactive malls close, overall occupancy edges up—Henry Butcher

Inactive malls close, overall occupancy edges up—Henry Butcher

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Updated:
  • Malaysia's retail sector saw a slight decline in mall space in 2025 due to closures and refurbishments.
  • Klang Valley malls averaged 83.7% occupancy, while Penang's rate was 70.8%.
  • The government aims for 47 million tourist arrivals during VMY2026 through initiatives like visa-free entry.
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Landed demand holds firm as Setia’s RM181.4m Summera Grove sells out non-Bumi units within hours

Landed demand holds firm as Setia’s RM181.4m Summera Grove sells out non-Bumi units within hours

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Updated:
  • S P Setia Bhd launched Summera Grove, a 15.28-acre residential enclave in Johor Bahru, on March 14.
  • All 130 non-Bumiputera units were sold within hours, highlighting strong demand for mature townships.
  • Development features sustainable living options and is well-connected to key amenities and transport links.
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Axis REIT to convert remaining facilities to sustainability-linked financing

Axis REIT to convert remaining facilities to sustainability-linked financing

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Updated:
  • Axis REIT plans to convert its loans to sustainability-linked financing to expand its portfolio.
  • The trust aims to achieve green building certifications to qualify for profit rebates tied to sustainability targets.
  • Additionally, Axis REIT is advocating for the renewal of a 10% withholding tax rate on REIT dividends to maintain sector competitiveness.
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East Coast Rail Link gets eight banks to manage renminbi loan exposure

East Coast Rail Link gets eight banks to manage renminbi loan exposure

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Updated:
  • Malaysia has appointed eight banks to manage the East Coast Rail Link's renminbi loan exposure.
  • The project, nearing completion, aims to improve exchange-rate certainty and reduce currency volatility.
  • The ECRL, a major infrastructure initiative, is set for full completion by 2026, with services starting in 2027.
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Redefining workplace: Culture, flexibility and next-gen needs transforming corporate perspective

Redefining workplace: Culture, flexibility and next-gen needs transforming corporate perspective

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Updated:
  • The Malaysian work environment is shifting towards flexible office spaces that enhance collaboration.
  • Companies are prioritising strategic locations and premium office features over traditional long-term leases.
  • This trend reflects a broader demand for adaptability and employee experience across organisational sizes.
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The income shift reshaping Malaysia’s emerging townships

The income shift reshaping Malaysia’s emerging townships

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Updated:
  • Young Malaysian families consistently prefer modern, well-designed communities.
  • While the demographic of homebuyers remains stable, household incomes are rising significantly.
  • Income growth allows families to upgrade their living situations, reflecting evolving lifestyle aspirations.
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Former IGP Razarudin joins Advancecon as chairman after brief stint at NexG Bina

Former IGP Razarudin joins Advancecon as chairman after brief stint at NexG Bina

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Updated:
  • Advancecon Holdings has appointed Tan Sri Razarudin Husain as its new independent chairman.
  • He succeeds Yeoh Chong Keat, who resigned after nearly 10 years on the board.
  • The company also appointed Datuk Loo Took Gee and Wee Chuen Lii as independent non-executive directors to strengthen its leadership.
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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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