Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Anwar promises low-rental housing for civil servants

Anwar promises low-rental housing for civil servants

news

Updated:
  • PM Datuk Seri Anwar Ibrahim announced new housing for civil servants.
  • It will offer lower rental rates to ease financial burdens.
  • This initiative addresses rising rent despite salary increases.
Read More
Gamuda outperforms broader selldown, analysts shrug off weaker-than-expected results

Gamuda outperforms broader selldown, analysts shrug off weaker-than-expected results

news

Updated:
  • Gamuda Bhd shares rose despite a weaker quarter.
  • Analysts recommend buying, expecting future profit growth.
  • The company has a strong order book and project pipeline.
Read More
Vestland wins RM135 mil construction job in Klang

Vestland wins RM135 mil construction job in Klang

news

Updated:
  • Vestland Bhd secured a RM135 mil construction contract in Bukit Raja, Klang.
  • The project involves superstructure works for a nine-story factory.
  • Completion is expected within 36 months from the start date.
Read More
Econpile bags RM49 mil piling job in KL

Econpile bags RM49 mil piling job in KL

news

Updated:
  • Econpile secured a RM48.8 mil piling contract for a 74-story apartment project.
  • This boosts their FY2026 contract wins to RM404 mil.
  • The project will be completed within 16 months, with site operations commencing on July 7.
Read More
Property managers back govt move to exempt tax on non-residential service charges

Property managers back govt move to exempt tax on non-residential service charges

news

Updated:
  • MIPFM praises the government's service tax exemption for non-residential buildings.
  • This eases financial burdens for property owners and management bodies.
  • It reflects positive collaboration between the government and industry.
Read More
EWI Capital builds income platform with AOF3 as legacy UK projects run down

EWI Capital builds income platform with AOF3 as legacy UK projects run down

news

Updated:
  • EWI Capital Bhd is repositioning its portfolio towards income-generating office assets.
  • Despite the near-term losses, EWI Capital's balance sheet remains asset-backed.
  • EWI Capital said AOF3 investment forms an integral part of its strategy to chart a return to profitability.
Read More
Axis REIT's latest purchase earnings-accretive, price tag reasonable — analysts

Axis REIT's latest purchase earnings-accretive, price tag reasonable — analysts

news

Updated:
  • Analysts view Axis REIT's new acquisition positively.
  • The distribution centre offers a 5.8%-6.2% yield.
  • This deal reinforces Axis REIT's logistics strategy.
Read More
Axis REIT to buy City‑Link distribution centre in Bandar Saujana Putra for RM128 mil

Axis REIT to buy City‑Link distribution centre in Bandar Saujana Putra for RM128 mil

news

Updated:
  • Axis-REIT is proposing to buy a distribution centre from City-Link Express for RM128 mil cash.
  • The property will be leased back to City-Link for 15 years, ensuring steady income.
  • This acquisition aligns with Axis-REIT's growth strategy and will boost its earnings.
Read More
Tower REIT names new CEO for management company

Tower REIT names new CEO for management company

news

Updated:
  • Douglas Richard Fyvie Crichton is GLM REIT Management Sdn Bhd's new CEO.
  • He has over 25 years of real estate experience in Southeast Asia.
  • Tower REIT also appointed Wong Shao Ling as a non-independent and non-executive director.
Read More
Bites
Anwar promises low-rental housing for civil servants