News about Malaysia

Tun Razak Exchange (TRX), Malaysia’s new central business district, is set to put Malaysia on par with top global financial centres such as London’s Canary Wharf, Singapore’s Marina Bay and Hong Kong’s International Commerce Centre.

Automation through technology is no longer an option, but mandatory to sustainability before a firm gains traction in scaling market share There needs to be a shift of mindset from just training agents to being a salesman trying to conclude deals to a holistic entrepreneur The goal of a responsible firm is to really service the agents and think about how they can help them in the long run The perks of being a property agent – especially being the boss of your own working time and the potential to earn unlimited income – have drawn a great number to try out the field.

PETALING JAYA (June 28): Lendlease and Mulia Group have entered into a partnership on the retail podium at The Exchange 106 in Tun Razak Exchange (TRX).

KUALA LUMPUR (June 27): According to independent global property consultancy Knight Frank in its 2022 Malaysia Commercial Real Estate Investment Sentiment Survey (CREISS) report, there is a keen interest in exploring alternative investments this year.

KUALA LUMPUR (June 27): Oliver Wee Hiang Chyn, director of business development at Tim Sekata Sdn Bhd, has been appointed as the new president of Master Builders Association Malaysia (MBAM) for the term June 2020 to June 2024, succeeding Tan Sri Sufri Mhd Zin.

KUALA LUMPUR (June 23): The Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) has elected Pavilion REIT Management Sdn Bhd CEO Datuk Philip Ho Yew Hong as the new chairman for a two-year term at its annual general meeting on June 16.

KUALA LUMPUR (June 16): Hong Seng Consolidated Bhd has issued a Letter of Intent (LOI) to form a strategic partnership with Invest NS yesterday.

IPOH (June 10): Malaysian Resources Corporation Berhad (MRCB) has launched Ipoh Raya Integrated Park, marking the developer's first foray into the industrial and logistics market.

KUALA LUMPUR (June 10): RHB Retail Research said Capitaland Malaysia Trust is in the process of consolidating sideways above the 21-day average line, with improved trading volume seen on Thursday (June 9) – forming a “higher low” bullish pattern.

KUALA LUMPUR (June 1): Malaysian Resources Corp Bhd (MRCB) said its first quarter (1Q) net profit soared 170% to RM14.