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KIP REIT calls unitholder vote on RM435 mil Setapak mall buy

KIP REIT calls unitholder vote on RM435 mil Setapak mall buy

news

Updated:
  • KIP REIT seeks unitholder approval to acquire Setapak Central Mall for RM435 mil.
  • The purchase will be funded by bank borrowings and a private placement of new units.
  • This acquisition will significantly increase KIP REIT's total property assets.
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Architects of the future: building Malaysia’s next generation of semiconductor talent

Architects of the future: building Malaysia’s next generation of semiconductor talent

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Updated:
  • Malaysia's 1Q2026 investments were strong, with RM92.8 bil approved and 50,000 new jobs.
  • The focus is shifting from investment figures to high-skilled talent development.
  • This includes engineers and IC designers, crucial for future industry growth.
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Do auction buyers inherit sellers’ strata arrears?

Do auction buyers inherit sellers’ strata arrears?

news

Updated:
  • Auction purchasers are not liable for prior owners' unpaid maintenance fees in specific judicial sales.
  • This applies when the sale is court-supervised, not a voluntary transfer.
  • Buyers must still perform due diligence for all auction types.
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Spotting locations for expansion: MyNews combines market survey with data analytics

Spotting locations for expansion: MyNews combines market survey with data analytics

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Updated:
  • MyNews, Malaysia's largest homegrown convenience store chain, uses a hybrid approach for expansion.
  • They combine data analytics with on-the-ground assessments to select new store locations.
  • This strategy helps them adapt to changing consumer habits and urban development patterns.
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Growing price, performance gap prompt existential dilemma for ageing office buildings

Growing price, performance gap prompt existential dilemma for ageing office buildings

news

Updated:
  • Kuala Lumpur's office market faces a growing divide between modern, sustainable towers and ageing blocks.
  • Newer buildings offer better amenities, technology, and employee experience, attracting tenants.
  • Older offices struggle with demand, occupancy, and asset values.
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From campus to career: What the workplace really demands

From campus to career: What the workplace really demands

news

Updated:
  • Graduates need more than academics for career success.
  • The RIYI programme helps students gain vital workplace skills.
  • Communication, adaptability, and ownership are key for new employees.
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Alpha Galaxy inks MoU with Billion Group for proposed B-Grocer at Galaxy Exchange

Alpha Galaxy inks MoU with Billion Group for proposed B-Grocer at Galaxy Exchange

news

Updated:
  • Alpha Galaxy Group and Billion Group signed an MoU for a B-Grocer supermarket.
  • It will be at Galaxy Exchange, a 166-acre mixed-use development.
  • The supermarket aims to serve nearby communities with fresh produce.
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Pesona Metro’s 2Q net profit rises 47% on stronger property development

Pesona Metro’s 2Q net profit rises 47% on stronger property development

news

Updated:
  • Pesona Metro's 2Q net profit rose 46.7% to RM13.67 mil.
  • Revenue increased 46.2% due to strong property development contributions.
  • The company expects satisfactory performance for FY2026.
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Frasers Property, Tan & Tan plan PJ Quarter mixed-use project in Section 13

Frasers Property, Tan & Tan plan PJ Quarter mixed-use project in Section 13

news

Updated:
  • Frasers Property and Tan & Tan will co-develop PJ Quarter, a mixed-use project.
  • Tan & Tan is acquiring F&N's 50% stake in Vacaron, which owns the site.
  • The first phase includes homes, retail, and a park, launching in 2027.
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Four agencies to market AI Living @ i-City

Four agencies to market AI Living @ i-City

news

Updated:
  • i-City Properties is partnering with four agencies for its AI Living @ i-City project.
  • This collaboration explores AI's role in the entire property ownership journey.
  • The official launch is set for October, with sales agreements in 2Q2027.
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KIP REIT calls unitholder vote on RM435 mil Setapak mall buy