Bank Negara Malaysia maintains overnight policy rate at 2.75%
Malaysia’s central bank on Thursday kept the benchmark interest rate unchanged as widely expected while flagging uncertainties in growth outlook from lingering external risks.
Editor's Pick
Damansara Heights’ property values—since the opening of Pavilion 3
Damansara Heights, one of Kuala Lumpur’s most established and affluent residential enclaves, is well known for its landed homes, which make up 473.16 acres or 90.80% of the area.
Park Place @ ParkCity, Kuala Lumpur condo unit sold for RM2.58m | DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 1,755 sq ft
- Floor Location: Mid
- 3 bedrooms, 4 bathrooms
- Semi-furnished
- Nearby amenities: The Waterfront, Plaza Arkadia, ParkCity Medical Centre, The International School @ ParkCity
- Accessibility: LDP, MRR2, DUKE, SPRINT Expressway, Penchala Link
When: May 2025
Serai Bukit Bandaraya, Kuala Lumpur condo unit sold for RM8.6m | DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 4,945 sq ft
- Floor Location: High
- 5 bedrooms, 7 bathrooms
- Semi-furnished
- Nearby amenities: Bangsar Shopping Centre, Universiti Malaya, Sime Darby Convention Centre, Kuala Lumpur Golf and Country Club, Pantai Hospital
- Accessibility: SPRINT–Damansara and Penchala Links, Federal Highway, Jalan Ara, Jln Profesor Diraja Ungku Aziz
When: April 2025
Johor earthquakes shake sentiment rather than buildings safety, says BIMB Securities
Most data centres in Malaysia are single-storey, under 10 metres tall, with minimal reliance on load-bearing columns, giving them inherent seismic stability, the research house said in a note.
BNM likely to stand pat on policy rate after July’s surprise, economists say
BNM will maintain the overnight policy rate at 2.75% at its second-last meeting of the year, according to 22 of 24 economists polled by Bloomberg.
KSK's ambitious project 8 Conlay forced to sell after legal battles
KSK Group's ambitious pivot from insurance to property development has turned awry as its flagship 8 Conlay project—the group's maiden property venture—has been officially put up for sale.
GuocoLand sells Johor Bahru hotel to YTL for RM150m, confirming The Edge report
GuocoLand is selling a Johor Bahru hotel and the land plot it sits on for RM150 million, and will book a net gain of RM35 million or S$11 million upon completion of the deal.
State govts gazetted 534 urban renewal sites, says Nga
Proposed sites for urban renewal currently being raised by certain parties have in fact already been gazetted by state governments, including opposition-led states.
Park Place @ ParkCity, Kuala Lumpur condo unit sold for RM 3.2m | DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 2,293 sq ft
- 4 bedrooms, 6 bathrooms
- Semi-furnished
- Nearby amenities: The Waterfront, Plaza Arkadia, ParkCity Medical Centre, The International School @ ParkCity
- Accessibility: LDP, MRR2, DUKE, SPRINT Expressway, and Penchala Link
When: May 2025
