Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Exsim Hospitality seeks to diversify into construction, procurement businesses

Exsim Hospitality seeks to diversify into construction, procurement businesses

news

Updated:
  • Exsim Hospitality Bhd seeks shareholder approval to diversify into construction and procurement activities.
  • The proposed expansion includes general contracting and centralised sourcing of materials.
  • Shareholder approval is required for the diversifications and a new mandate for related party transactions.
Read More
Penang achieves 100% 4G coverage in populated areas — exco

Penang achieves 100% 4G coverage in populated areas — exco

news

Updated:
  • Penang achieved 100% 4G coverage in populated areas as of April, but some gaps remain.
  • The state is working with MCMC to improve connectivity, especially in rural and tourist areas.
  • 5G coverage reached 91.9% and mobile broadband speed averaged 211.9Mbps, exceeding national targets.
Read More
Sime Darby Property’s XME Business Park 2 meets continued industrial demand in Nilai Impian

Sime Darby Property’s XME Business Park 2 meets continued industrial demand in Nilai Impian

news

Updated:
  • Sime Darby Property is expanding its industrial presence in Negeri Sembilan with XME Business Park 2.
  • The project will feature 59 industrial units and is designed for logistics and medium to heavy operations.
  • Demand for customised industrial facilities is rising, reflecting the region's economic growth.
Read More
Penang gov't denies claims Chinese nationals bought homes below MM2H threshold

Penang gov't denies claims Chinese nationals bought homes below MM2H threshold

news

Updated:
  • The Penang government denied claims that Chinese nationals bought homes below the MM2H price threshold.
  • The allegation was based on an inaccurate interpretation of the property transaction data.
  • The Home Ownership Campaign aimed to stimulate the property sector but ended in December 2024.
Read More
1Q2026 property transactions recorded at about 90,000 units, valued at RM51.9 bil — JPPH

1Q2026 property transactions recorded at about 90,000 units, valued at RM51.9 bil — JPPH

news

Updated:
  • Malaysia's property market showed stable activity in 1Q2026, with 89,966 transactions worth RM51.9 billion.
  • Residential properties dominated, making up 58.8% of transactions.
  • Housing priced RM300,000 and below led the market.
Read More
Sentral REIT sees improving occupancy levels as it posts marginal gains for 1Q earnings

Sentral REIT sees improving occupancy levels as it posts marginal gains for 1Q earnings

news

Updated:
  • Sentral REIT reports improved occupancy at 89% and a 1.1% net profit increase for 1Q2026.
  • Revenue rose 2.27% to RM48.54 million, aided by the Arcoris Mont Kiara acquisition.
  • Despite cost pressures, demand for Grade A properties remains steady.
Read More
Encorp, KBI Properties to explore strategic property development opportunities

Encorp, KBI Properties to explore strategic property development opportunities

news

Updated:
  • Encorp Bhd has signed an MOU with KBI Properties to explore property development partnerships.
  • The agreement aims to assess joint strategic initiatives for mutual benefit.
  • Both companies will combine expertise to pursue long-term growth in the improving domestic property market.
Read More
Axis-REIT acquires Shah Alam industrial complex for RM38m in related party deal

Axis-REIT acquires Shah Alam industrial complex for RM38m in related party deal

news

Updated:
  • Axis-REIT is acquiring an industrial complex in Shah Alam for RM38 million from Rubicon Assets Sdn Bhd.
  • The property is fully occupied by three tenants, generating a monthly rental income of RM210,476.75.
  • Post-acquisition, Axis-REIT's financing ratio will rise to 32.84% of audited total assets as at Dec 31, 2025.
Read More
KPKT urges local councils to cut small traders' rents, commends DBKL’s reductions up to 50%

KPKT urges local councils to cut small traders' rents, commends DBKL’s reductions up to 50%

news

Updated:
  • The Housing Ministry urges local authorities to reduce rental rates for business premises until end-2026.
  • This initiative aims to ease costs for hawkers and small traders while promoting economic growth.
  • KPKT commended PBTs like DBKL for implementing rental reductions of up to 50%.
Read More
Sunway REIT posts 10% rise in 1Q profit, retail segment leads recovery

Sunway REIT posts 10% rise in 1Q profit, retail segment leads recovery

news

Updated:
  • Sunway REIT reported a 10% increase in profit before tax to RM114.8 million for 1Q2026.
  • Retail segment excelled with a 10% revenue rise, while the hotel segment faced a 19% decline.
  • Management remains cautiously optimistic, focusing on operational excellence and sustainability.
Read More
Bites
Exsim Hospitality seeks to diversify into construction, procurement businesses