Malaysia property shares hit by weaker broader market sentiment
KUALA LUMPUR (March 26): The Bursa Malaysia property index fell 8.
Fire destroys 10 shoplots in Cameron Highlands
IPOH (March 26): A row of shoplots in Sungai Burung, Cameron Highlands was destroyed in a fire last night, reported Bernama.
Pesona Metro bags RM216m contract to build affordable apartments
KUALA LUMPUR (March 24): Pesona Metro Holdings Bhd has secured a contract worth RM216.
Malaysian REITs down as investors turn cautious
KUALA LUMPUR (March 21): Share prices of Malaysian Real Estate Investment Trusts (REITs) fell this morning amid a positive market breadth, as cautious investors trimmed positions in a rising interest rate environment.
Pasukhas bags RM41.3m job from Paramount Property
KUALA LUMPUR (March 21): Pasukhas Group Bhd has bagged construction works worth a combined RM41.
New property development ruling could benefit selected REITs
Real estate investment trust sector Maintain neutral: We are mildly positive on the revised Guidelines on Real Estate Investment Trusts (REITs) which allow property development for Malaysian REITs (M-REITs), among other changes/additions.
Are REITs a good buy now?
KUALA LUMPUR (March 20): The average yield for Malaysian real estate investment trusts (REITs) is now at its highest since 2016, which may prompt investors to wonder if it’s a good time to place their money in REITs.
KL Sentral-Subang Skypark rail service starts early May
PETALING JAYA (March 16): The KL Sentral-Subang Skypark rail service is expected to commence in early May, said Keretapi Tanah Melayu Bhd (KTMB) chief operating officer Rani Hashim Samsudin.
Melaka proposes to rate fire safety standards of commercial buildings
PETALING JAYA (March 8): Melaka housing, local government and environment committee chairman Datuk Wira Ismail Othman has proposed for commercial buildings in the state be given a star-based fire safety rating system, The Star Online reported yesterday.
