Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Malaysian REITs may have more downside ahead, CGS International flags

Malaysian REITs may have more downside ahead, CGS International flags

news

Updated:
  • Malaysian REITs are facing share price corrections due to the loss of withholding tax perks.
  • CGS International downgraded the sector to "neutral," citing underestimated valuation impacts.
  • Future investor focus will shift to DPU growth and asset quality amid rising tax burdens.
Read More
Bintai Kinden gets PLUS award to develop 103-acre Ayer Keroh land with RM296.5m GDV

Bintai Kinden gets PLUS award to develop 103-acre Ayer Keroh land with RM296.5m GDV

news

Updated:
  • Bintai Kinden received a RM296.54 mil development award from PLUS Malaysia.
  • Its subsidiary will develop 103 acres in Melaka for residential and commercial use.
  • This project should boost earnings from financial year 2029 onward.
Read More
PropNex showcases more properties for August open house on Aug 22 and 23

PropNex showcases more properties for August open house on Aug 22 and 23

news

Updated:
  • PropNex Malaysia is hosting an open house this weekend.
  • They will showcase 35 properties in Selangor, Kuala Lumpur and Penang.
  • Featured properties include condos, bungalows, and terrace homes.
Read More
Maxim Global’s 2Q net profit halves to RM4m

Maxim Global’s 2Q net profit halves to RM4m

news

Updated:
  • Maxim Global's 2QFY2026 net profit fell 50.4% to RM4 mil due to project completion.
  • Revenue rose 2.2% to RM98.8 mil from new projects and construction revenue.
  • Ongoing developments and new launches are expected to boost future performance.
Read More
SC approves IOI Properties REIT manager’s fund-management application

SC approves IOI Properties REIT manager’s fund-management application

news

Updated:
  • IOI Properties Group Bhd received conditional SC approval for its REIT manager's fund-management.
  • This is a key step for the proposed IOIPG REIT establishment and listing.
  • The REIT will acquire nine properties for RM7.58 bil.
Read More
UEM Sunrise’s 2Q net profit more than doubles to RM46.85m

UEM Sunrise’s 2Q net profit more than doubles to RM46.85m

news

Updated:
  • UEM Sunrise Bhd's 2Q net profit more than doubled to RM46.85 mil.
  • Revenue rose 37% due to strong property development contributions.
  • Sales exceeded the full-year target by 13%.
Read More
S P Setia posts RM98m 2Q profit, secures RM864m sales

S P Setia posts RM98m 2Q profit, secures RM864m sales

news

Updated:
  • S P Setia Bhd reported stable 2Q net profit despite lower revenue.
  • The company secured RM864 mil in sales for the quarter.
  • They also reduced borrowings and maintained disciplined cost management.
Read More
Sime Darby Property signs SPA to buy Wisma Unirazak for RM160m

Sime Darby Property signs SPA to buy Wisma Unirazak for RM160m

news

Updated:
  • Sime Darby Property will acquire Wisma Unirazak for RM160 mil.
  • They plan to redevelop the site into high-rise serviced apartments.
  • The project has an estimated GDV of RM900 mil.
Read More
CHGP, UCSI partner to develop education hub in Melaka waterfront township

CHGP, UCSI partner to develop education hub in Melaka waterfront township

news

Updated:
  • CHGP and UCSI Group are partnering to build an education hub in Melaka.
  • CHGP holds a 30% stake in this joint venture.
  • The school will form the education anchor of CHGP's wider waterfront development.
Read More
Eco Grandeur, UiTM launch community living lab in Puncak Alam

Eco Grandeur, UiTM launch community living lab in Puncak Alam

news

Updated:
  • Eco Grandeur and UiTM Selangor signed an LOI for an urban community living lab.
  • This lab in Puncak Alam will offer health, education, and entrepreneurship programmes.
  • Eco Grandeur will provide the space and cover operational expenses for three years.
Read More
Bites