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Cops bust drug processing lab in KL luxury condo, Chinese national couple arrested

Cops bust drug processing lab in KL luxury condo, Chinese national couple arrested

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Updated:
  • Police raided a luxury condo in Kuala Lumpur on Jan 22, arresting a Chinese couple for drug offenses.
  • They discovered a drug lab and seized various drugs, including 1,878.90 grammes of ketamine.
  • The couple, both unemployed and without criminal records, are in custody for further investigation.
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REITs face near-term volatility as new tax regime takes effect

REITs face near-term volatility as new tax regime takes effect

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Updated:
  • The removal of the 10% withholding tax on REITs will lead to near-term repricing in the sector.
  • Investors will face higher effective tax rates, particularly affecting higher-income groups.
  • Despite this, HLIB maintains an "overweight" stance on REITs, expecting yields to stabilise over time.
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Setia Foundation reaches out to Asnaf community via ‘Sincerely, Setia Ramadan Mubarak’ programme

Setia Foundation reaches out to Asnaf community via ‘Sincerely, Setia Ramadan Mubarak’ programme

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Updated:
  • Setia Foundation held the Sincerely, Setia Ramadan Mubarak programme for 240 Asnaf families.
  • Each family received RM200 in zakat and Ramadan baskets worth RM80, totaling RM67,200 disbursed.
  • The initiative involved 86 volunteers and aimed to support underprivileged communities during Ramadan.
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Rising landmarks on KL prime sites set to repaint city centre canvas

Rising landmarks on KL prime sites set to repaint city centre canvas

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Updated:
  • Kuala Lumpur's skyline is rapidly changing with new construction in the KL CBD and Bukit Bintang.
  • Major projects include Cititower, CloutHaus Residences, and the upcoming GameOn Theme Park.
  • Bukit Nanas is also seeing developments like One Sultan Ismail, adding to the city's vertical growth.
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CDL moves to refresh portfolio and stays anchored in Singapore

CDL moves to refresh portfolio and stays anchored in Singapore

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Updated:
  • City Developments Ltd (CDL) achieved record residential sales of S$4.35 billion in FY2025.
  • CDL is undergoing a reset to enhance market perception and manage its development pipeline prudently.
  • The strategic review, expected to conclude by mid-year, comes at a pivotal juncture.
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The Peak unit goes on market for RM11.7m

The Peak unit goes on market for RM11.7m

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Updated:
  • A luxury condominium unit at The Peak in Kuala Lumpur is listed for RM11.7 million.
  • The development features 54 exclusive units, emphasising privacy and opulence in a prime location.
  • Marketed by Shawn Fernandez, it attracts both local and international buyers seeking upscale living.
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Designed with curves, textures, quiet luxury to embrace family moments

Designed with curves, textures, quiet luxury to embrace family moments

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Updated:
  • A luxurious 3,110-sq ft residence in Aetas Damansara offers stunning views of the Tropicana golf course.
  • The home emphasises calmness and tactile elements, featuring textured materials and soft curves.
  • Clever concealments and functional spaces enhance livability, making it a serene backdrop for everyday life.
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Penang CM says will submit report on quit rent hike to DAP sec-gen

Penang CM says will submit report on quit rent hike to DAP sec-gen

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Updated:
  • Penang Chief Minister Chow Kon Yeow will report on new quit rent rates to DAP's Anthony Loke.
  • Chow will follow Loke's directive to avoid media discussions to prevent negative perceptions.
  • Affected landowners are encouraged to submit appeals to relevant offices regarding the new rates.
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Prasarana submits Kelana Jaya LRT recovery plan to Transport Ministry

Prasarana submits Kelana Jaya LRT recovery plan to Transport Ministry

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Updated:
  • Prasarana Malaysia Bhd has submitted a recovery plan to the Transport Ministry after LRT disruptions.
  • CEO Amir Hamdan emphasised the importance of timely execution to minimise future issues.
  • He also noted that 3,200 staff are on duty during Aidilfitri to ensure service reliability and safety.
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Turning the tide: Long-term restoration the only true path to Klang River’s rehabilitation

Turning the tide: Long-term restoration the only true path to Klang River’s rehabilitation

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Updated:
  • Kennedy Michael leads The Alliance of River Three!
  • Years of neglect and pollution have downgraded the Klang River to an eyesore.
  • Community efforts have transformed neglected areas into green spaces, boosting local property values.
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