Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Mitraland, RHB partner on green financing scheme for SMEs

Mitraland, RHB partner on green financing scheme for SMEs

news

Updated:
  • Mitraland Group has partnered with RHB Bank to launch an SME Green Building Financing Scheme.
  • This initiative supports businesses investing in sustainable properties, offering financing for various needs.
  • Eligible buyers can access preferential financing for two GreenRE-certified developments until December 31, 2026.
Read More
Paramount flags 3%–5% price hike for new launches, keeps RM1.2b sales target

Paramount flags 3%–5% price hike for new launches, keeps RM1.2b sales target

news

Updated:
  • Paramount Corp Bhd anticipates a 10% rise in construction costs and plans a 3% to 5% price increase for new launches.
  • Despite 80% of ongoing project costs being insulated, new launches will face higher pressures due to geopolitical tensions.
  • The company aims for RM1.2 billion in property sales this year, focusing on starter homes amid cautious upgrader demand.
Read More
Valiram Group completes acquisition of stake in Lendlease’s assets

Valiram Group completes acquisition of stake in Lendlease’s assets

news

Updated:
  • Valiram Group has acquired a 40% stake in The Exchange TRX mall and 60% in TRX Campus office.
  • Lendlease has fully divested its office stake and reduced its mall stake to 20%.
  • Valiram aims to collaborate on future real estate projects, though specific plans were not disclosed.
Read More
Johor a cost-efficient data centre alternative to Singapore — Moody’s

Johor a cost-efficient data centre alternative to Singapore — Moody’s

news

Updated:
  • Johor, Malaysia, is emerging as a cost-effective alternative to Singapore for data centre investments.
  • Abundant land, power infrastructure, and investment incentives attract hyperscalers like Microsoft and Oracle.
  • However, Malaysia must invest in power generation and grid upgrades to support growing data centre demand.
Read More
Office recovery leads Malaysia's property recalibration in 1Q2026

Office recovery leads Malaysia's property recalibration in 1Q2026

news

Updated:
  • Malaysia's property market is recalibrating, with Kuala Lumpur's office sector showing signs of recovery.
  • Prime office rents rose 1.3% in 1Q2026, while vacancy rates tightened significantly.
  • The Malaysian House Price Index rose 1.7% y-o-y to 235.2 points.
Read More
Sime Darby more than triples quarterly earnings on one-off MVV land sale

Sime Darby more than triples quarterly earnings on one-off MVV land sale

news

Updated:
  • Sime Darby Bhd's 3Q earnings surged 238.9% to RM654 mil, boosted by a RM434 mil land sale gain.
  • Revenue fell 3.4% to RM15.75 bil, impacted by lower industrial equipment sales in Malaysia.
  • The group maintains cautious full-year guidance amid ongoing market pressures and geopolitical tensions.
Read More
IJM Land, SOCAT to jointly develop RM1.96 bil industrial project in Johor JS-SEZ

IJM Land, SOCAT to jointly develop RM1.96 bil industrial project in Johor JS-SEZ

news

Updated:
  • IJM Land has partnered with SOCAT to develop 307.17 acres in the Johor–Singapore SEZ, valued at RM1.96 bil.
  • This project aims to enhance Johor's industrial growth and attract foreign investments.
  • The development is part of a larger 2,940-acre masterplan for the Southern Catalyst Innovation District.
Read More
Developer seeks approval for 61-storey mixed-use tower in Bukit Pantai, near TNB HQ and Pantai Hospital

Developer seeks approval for 61-storey mixed-use tower in Bukit Pantai, near TNB HQ and Pantai Hospital

news

Updated:
  • A private developer, Akisama Corp, seeks approval for a 61-storey mixed-use project in Bukit Pantai.
  • The development will feature 1,494 serviced apartments, retail spaces, and green areas.
  • Site is within a densely utilised institutional and residential precinct in the Bangsar-Bukit Pantai area.
Read More
Setia Awan inks MoU with seven brands to anchor Avenue F mall in Bukit Ampang Permai

Setia Awan inks MoU with seven brands to anchor Avenue F mall in Bukit Ampang Permai

news

Updated:
  • Setia Awan has signed an MoU with seven brands to anchor Avenue F in Bukit Ampang Permai.
  • This neighbourhood mall aims to enhance community living and convenience, targeting completion by 3Q2027.
  • Project focuses on a curated tenants to support local liveability and reduce reliance on external centres.
Read More
High Court allows UOA Development unit to challenge tax bill on property sale to REIT

High Court allows UOA Development unit to challenge tax bill on property sale to REIT

news

Updated:
  • The High Court has allowed Distinctive Acres to challenge a RM165.66 mil tax bill linked to a 2020 asset sale.
  • A temporary stay was granted until June 16, with both parties required to appear in court.
  • Distinctive Acres argues the tax treatment is invalid and seeks to avoid double taxation.
Read More
Bites
Mitraland, RHB partner on green financing scheme for SMEs