News about REN

PETALING JAYA (Oct 27): It will be more appropriate if the government granted the 50% tax exemption to tenants as they are the party in need of assistance, instead of rewarding landlords with the Budget 2018 measure to halve tax on rental income, said the Property Management, Valuation and Estate Agency Surveying (PMVS) Division of the Royal Institution Of Surveyors Malaysia (RISM) in a statement today.

KUALA LUMPUR (Oct 26): Malaysia Rail Link Sdn Bhd (MRL), the project owner of the RM55 billion East Coast Rail Link (ECRL) project, has commenced soil investigation, as well as set up base camps on multiple sites in Kelantan, Terengganu and Pahang.

KUALA LUMPUR (Oct 25): S P Setia Bhd’s proposals to acquire I&P Group Sdn Bhd for RM3.

KUALA LUMPUR (Oct 23): T7 Global Bhd has entered into a memorandum of understanding (MoU) with three private companies to form strategic partnerships for the construction of the East Coast Rail Line (ECRL) project.

PETALING JAYA (Oct 6): Property rental laws are vital to establishing a more robust rental market in Malaysia, said Minister of Finance II Datuk Seri Johari Abdul Ghani.

JURU (Oct 6): Tangkas Infinity, a boutique industrial development by Tangkas Properties Sdn Bhd, is slated to be handed over sometime this month.

KUALA LUMPUR (Oct 5): The RM55 billion price tag for the construction of the East Coast Railway Link is not as hefty or inflated as some may argue, said Malaysia Rail Link Sdn Bhd (MRL) Infra Director Nor Rizan Mohd Akhir.

KUALA LUMPUR (Oct 4): Al-Salam Real Estate Investment Trust (REIT), via its trustee Amanahraya Trustees Bhd, is planning to buy the Mydin hypermarket in Gong Badak, Terengganu, for RM155 million.

KUALA LUMPUR (Oct 3): UEM Sunrise Bhd expects Malaysia's property market, particularly within the premium segment, to recover from the second half of next year on improving income growth and better mix of real estate products.

KUALA LUMPUR (Sept 29): Amcorp Properties Bhd (AmProp) plans to raise up to RM597.