Sentral REIT posts lower 3Q earnings as repair costs weigh on income
Revenue for the quarter, however, rose marginally to RM48.
NPE2 set to move into construction phase as IJM Construction bags RM1.4b design and build job
With this latest contract, IJM Construction's outstanding order book now amounts to about RM15.
KPKT conducting study to turn abandoned commercial buildings into affordable housing projects
Other initiatives include a price mapping system of affordable homes based on median income levels by state and district to allow developers to determine appropriate selling prices for specific localities instead of the current caps.
Constitutional property rights at stake in Semantan Estate appeal, lawyer argues
Speaking on behalf of Semantan Estate (1052) Sdn Bhd during court proceedings on Thursday, senior counsel Datuk Dr Cyrus Das said the court must decide whether it can "regularise" an acquisition irregularity that has been declared illegal by the High Court, Court of Appeal (COA) and the Federal Court.
Axis REIT acquires RM800m Penang industrial asset, secures leaseback from Ann Joo Steel
This marks Axis REIT’s third acquisition of the year, bringing its total investments this year to RM930 million, compared with eight acquisitions worth RM719 million in 2024.
Malaysia Semiconductor IC Design Park 2 kicks off in Cyberjaya
The Advanced Chip Testing Centre at CoPlace 9 is the first world-class chip testing facility in Southeast Asia and forms part of the national strategy to move Malaysia from contract chip manufacturing to local chip design and ownership.
Housing Ministry rolls out price mapping system for affordable homes by state and district
As part of ongoing efforts to support homeownership, Perbadanan PR1MA Malaysia (PR1MA) has launched the “Rumah PR1MA Kita” campaign, which runs until Dec 31.
BNM keeps overnight policy rate unchanged as widely expected amid resilient economy, tame inflation
The policy rate has remained unchanged since July when BNM sprang a surprise with a 25-basis-point reduction in what the central bank described as a “pre-emptive measure” to support economic growth.
Semenyih emerges as growth powerhouse, draws new commercial vibrancy
Population growth, higher-income buyers, and accelerating development momentum are transforming the once-backwater town into one of the southern corridor’s most compelling emerging markets.
Data centres consume only about half of declared power capacity, govt flags potential risk of stranded assets
The Energy Commission found that there is a likelihood of speculative applications based on analysis of data centre power requirements, such as end-customer commitment and actual energy consumption, deputy minister of Investment, Trade and Industry Liew Chin Tong said.
