News about REN

The retail REIT sector is facing challenges from the recent increase in the sales and service tax (SST) to 8%, weak consumer spending, sustained elevated inflation, and fuel subsidy rationalisation.

Experts during a panel session at PropNex Malaysia's Xpo 2024 say the country’s recovering economy is no deterrent to growth of foreign investments, industry, and the property market.

“To secure a competitive market advantage, GreenRock Energy has now become the first Taiwanese company to participate in a Malaysian government green energy project.

The RTS, which is currently 65% finished and expected to start running in 2026, will make it much easier for people to travel between the two areas, boosting economic activity.

Minister highlights catalysts to Sabah’s property market, but experts point out issues that need to be noted to align with the progress.

The guide provides strata hosts, property managers, joint management bodies (JMB), management corporations (MC) and developers with a toolkit of resources to conduct short-term rentals responsibly in their apartment buildings and condominiums.

In a bourse filing, the Practice Note 17 (PN17) company stated that when the land confiscation occurred, Perak Corp had already derecognised the assets and liabilities of its wholly owned subsidiary PCB Development Sdn Bhd and PCB Development’s 51%-owned subsidiary Animation Theme Park Sdn Bhd from the consolidated statement of financial position as of Dec 20, 2021.

The report said Malaysia’s ranking demonstrates the growing buying power of Malaysian consumers and their increasing interest in cross-border property investments.

HLIB said that in the Klang Valley, most developers with exposure in this area are expected to benefit as many properties are priced above RM600,000.

Ami said reaching the COD for the Merchang Hybrid Solar Energy Plant demonstrates the group's commitment to becoming a significant contributor to the country’s net zero ambitions.