News by M

Malaysia has yet to decide on the Kuala Lumpur–Singapore High Speed Rail (HSR) project, despite seeking concept proposals from private firms two years ago.

YNH Property Bhd (KL:YNH) expects to book an estimated profit of RM105 million from the residential project in Bangsar South that it is planning to jointly develop with Genland Sdn Bhd.

Sick government projects, especially in the construction of schools and public housing, were among the main issues highlighted during debate on the Auditor-General’s Report (LKAN) 3/2025 in the Dewan Rakyat on Tuesday.

He noted that Malaysia can succeed as an accessible base for smaller and newer family offices,  particularly those from South Asia and Southeast Asia.

These local bodies are often the fastest to respond when communities face disruptions, from floods to housing damage.

Located approximately 25 minutes from Kuala Lumpur, the township includes a dedicated helipad within its masterplan to enable air travel across Peninsular Malaysia.

With 73 seats at stake, the outcome will test the unity government's popularity amid Sabah's fluid political landscape.

Construction firms are expected to gain from increased demand for quake-resistant buildings and repair work.

The investment bank noted that retail and industrial-focused REITs with strategic Johor assets are poised to benefit from sustained tenant demand, positive rental trends, and potential valuation uplift. 

“The first provision of financial assistance under the loan agreement is £6 million.”