Sunway REIT said retail and hotel segments were its main contributors in 9MFY16, further supported by new income contribution from Sunway Putra Mall following its reopening in May 2015, and Sunway Hotel Georgetown and Wisma Sunway, which were acquired in January 2015 and March 2015 respectively.

Two JPPH officers are currently seconded there under a one-year contract to train the Saudi Authority for Accredited Valuers officers to become valuers and trainers.

Genting Group is rumoured to be in talks to sell its 5.6ha (14 acre) land at Biscayne Bay in Miami, Florida as the company is unable to build its planned luxury casino and resort there, Miami Herald reported.

Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah said the supply of affordable housing is not sufficient to meet demand.

Bank Negara Malaysia deputy governor Datuk Muhammad Ibrahim is taking over as governor of the central bank, replacing Tan Sri Dr Zeti Akhtar Aziz who is retiring on April 30.

New ruling applies to all (local and foreign) skilled construction workers and site supervisors, but excludes general construction workers.

Vivocom said its unit entered into the HoA with Green Ventures Development Bhd, which will act as the developer of the mixed development with a gross development value of RM112 million on the 3.11ha land in Hulu Kinta.

Prasarana Malaysia Bhd expects to start awarding tenders for the RM9 billion light rail transit Line 3 (LRT 3) project in the second half of the year (2H).

MCT Bhd will be launching the third phase of Cybersouth – townhouses with built-up areas from 1,100 sq ft and indicative prices from RM400,000 – here soon, said the developer in a press release today.

Despite its weak performance last year, Penang's property market outlook is still promising, according to the National Property Information Centre (Napic).