News about Malaysia

KUALA LUMPUR (Jan 25): CapitaLand Malaysia Mall Trust (CMMT), which has announced a 4.

KUALA LUMPUR (Jan 24): Prasarana Malaysia Bhd said Rapid KL Monorail Line has temporarily suspended operations of its four-car train sets for safety checks.

KUALA LUMPUR (Jan 24): Axis Real Estate Investment Trust's (Axis REIT's) net property income (NPI) for the fourth quarter ended Dec 31, 2017 (4QFY17) slid 1% to RM35.

KUALA LUMPUR (Jan 23): Malaysia's MyHSR Corp Sdn Bhd and Singapore's SG HSR Pte Ltd, who jointly held a briefing on the assets company (AssetsCo) tender for the Kuala Lumpur-Singapore High Speed Rail project (KL-Singapore HSR) today, assured every bid will be assessed on its own merits.

The 11th Malaysian Property Summit, held at the Sime Darby Convention Centre on Jan 23, featured topics that covered residential, commercial, retail, and industrial properties as well as the northern and southern regions of Peninsular Malaysia.

KUALA LUMPUR (Jan 23): This year is a year of shifts and survival for the property industry as disruptions are making their way to the property market, which means that financing packages, marketing channels and designs will have to change, said KGV International Property Consultants Sdn Bhd executive director Samuel Tan.

KUALA LUMPUR (Jan 23): Malaysia Building Society Bhd (MBSB), which has secured its shareholders nod for its proposed acquisition of Asian Finance Bank Bhd (AFB) at an extraordinary general meeting and court convened meeting today, says there would be no staff layoffs, "except for one or two management staff".

KUALA LUMPUR (Jan 23): The Penang property market is expected to diverge further in 2018, according to real estate consultancy PPC International Sdn Bhd.

KUALA LUMPUR (Jan 23): The e-commerce industry will accelerate the growth of the industrial property market as demand for logistics and distribution centres rises, prompting the development of smaller industrial facilities, said Rahim & Co International Sdn Bhd research director Sulaiman Akhmady Mohd Saheh.

More photos below PETALING JAYA (Jan 23): A crane at the site of a contentious high-rise development in Taman Desa had fallen into the compound of the adjacent Tiara Faber Condominium.