KL prime office rents rise 1.3% q-o-q to RM6.12 psf in 1Q2026, vacancy drops to 22.1%
PETALING JAYA (May 12): Kuala Lumpur's prime office market sustained its recovery trajectory in the first quarter of 2026, with rental rates rising 1.
Sunway REIT to establish RM3b sustainability-linked commercial papers programme
KUALA LUMPUR (March 16): Sunway Real Estate Investment Trust (KL:SUNREIT) is establishing a sustainability-linked commercial papers (SLCPs) programme of up to RM3 billion in nominal value.
HGD marks Penang milestone with fully sold Balik Pulau commercial breakout
PETALING JAYA (March 9): Heng Guan Development (HGD) has broken ground on the Balik Pulau Commercial Centre (BPCC), a boutique commercial development comprising 13 two-storey shop offices with built-ups ranging from 2,800 to 3,802 sq ft.
Yong Tai to issue RM1.5 mil RCPS under ongoing fund-raising exercise
PETALING JAYA (Feb 21): Yong Tai Bhd is issuing 1.
Appellate court rules single JMB should manage mixed developments, residential and commercial properties allowed to have different rates
PUTRAJAYA (Feb 12): In a landmark judgement last week involving a property development project in Penang, the Court of Appeal (COA) ruled that for mixed developments, a single joint management body (JMB) should operate, and there should not be different managements for commercial and residential properties in the running of maintenance and management of the development.
Higher rental income lifts IGB REIT, IGB Commercial REIT’s 3Q property income
Retail-focused IGB REIT reported a 9.
IGB Bhd posts 0.2% rise in 2Q net profit; quarterly revenue up 14.2% on improved performance across all business segments
The commercial segment, via IGB Commercial REIT, saw revenue expand 14.
Housing Development Act to be amended to cover sick commercial projects
The legislation, also known as Act 118, currently does not cover commercial projects such as shop lots and offices, while only regulating residential projects by requiring developers to obtain licences with strict conditions, said Housing and Local Government Minister Nga Kor Ming.
Chin Hin to focus on property development after hiving off commercial vehicle business for RM74 mil
The subsidiaries, which Chin Hin acquired between 2004 and 2015 for a total cost of investment amounting to RM64.
Kundang Jaya: Final shop office phase at 38 D'Laman Kundang
Developed by Tan & Tan Developments Berhad, is the final phase of shop offices in Kundang Jaya offering only 38 units of freehold, 2-storey shop offices designed for high visibility and growth in a rising catchment.
