REITs may see tougher second half as new tax pressures tenants, landlords—CIMB Securities
The expanded SST may raise tenants’ operating costs and limit REITs' rental reversion, said CIMB Securities.
Six business groups urge govt to delay SST expansion, warn of inflation and job losses
They specifically highlighted the proposed 8% tax on commercial rental and leasing services, deeming its timing "gravely misguided".
Malaysian retailers urge MOF to waive or defer SST on commercial rentals
The association said the 8% SST on commercial rentals that will kick in on July 1 — introduced without any consultation or engagement with the retail sector — will add further pressure on the retail industry.
Avaland breaks ground of Avenue25 pedestrian link to LRT station
Avaland Bhd (KL:AVALAND) has commenced construction of a 300m covered pedestrian walkway and link bridge from its Avenue25 mixed-use development to the USJ21 LRT Station.
The City of Elmina—A sustainable integrated township
Elmina Ridge 2 and Kanopi Residences offer eco-living in the sustainable integrated township of the City of Elmina.
Discover your dream lifestyle at Linkar52
Developed by Perbadanan Kemajuan Negeri Selangor (PKNS), a name trusted for building thriving communities and enduring value, the two-tower Linkar52 is Shah Alam’s most exciting new address, strategically located in Section 14, one of Shah Alam’s most mature and connected neighbourhoods.
SkyWorld secures third consecutive win at FIABCI World Prix d’Excellence Awards
SkyWorld Development Bhd has received global recognition at the FIABCI World Prix d’Excellence Awards 2025, earning the World Silver Award in the Residential High Rise category for its park front development, SkyLuxe On The Park Residences in Bukit Jalil.
6% SST will lead to homebuyers bearing brunt of increased prices—REHDA
Real Estate and Housing Developers’ Association (REHDA) is concerned that the 6% SST imposition on construction services will pose significant challenges for developers, primarily due to anticipated increases in operational costs.
GDB chairman Zaini Omar resigns due to health issues, Chia Lui Meng takes over
GDB Holdings Bhd (KL:GDB) said its non-executive chairman Tan Sri Zaini Omar has resigned from the position due to health issues.
UEM Edgenta forms JV to expand presence in Dubai's property management sector
UEM Edgenta Bhd (KL:EDGENTA) has formed a joint venture (JV) company in Dubai, United Arab Emirates, to manage large-scale real estate projects there, marking a strategic expansion into the region.
