Juwai IQI: Malaysia’s average residential rent increased 3.9% q-o-q in 2Q2024
Kuala Lumpur has the highest average rent at RM2,863, or 44% higher than the country average (RM1,995) and 51% higher than Selangor’s (RM1,899).
Reader’s Letter: Stricter regulation needed in property management
In Malaysia, the property management industry is well established through a robust combination of education, practice, and industry standards.
Sime Darby Property’s The Signature Collection Twin Factories at Elmina Business Park Stage 2 fully sold out
These twin factories are equipped with key features tailored for modern businesses.
MIP to host National Planning Congress 2024 on Oct 29 in Putrajaya
Aligned with the theme "Urbanism Next 3R", NPC 2024 highlights a holistic and forward-thinking approach to urban development.
Urban Redevelopment Act not just usurping rights of legitimate owners but selling public land
The URA does not merely entail urban redevelopment of private land, but disturbingly, also postulates the possibility of “privatisation” and “commercialisation” of public land — land gazetted and reserved by state authorities for public purposes under Section 62 of the National Land Code (Act 56 of 1965) and land owned by the Federal Land Commissioner (PTP).
Gamuda gets A$243 mil Australian wind farm construction contract
The project will comprise 38 turbines with a generating capacity of 228 megawatts when the wind farm begins operations in 2027, Gamuda said in a statement.
Coalition of professionals object to proposed new regulatory board for building managers
Below is a letter addressed to Minister of Housing and Local Government Nga Kor Ming which has been reproduced without edits.
Gamuda plans one-for-one bonus issue, posts higher 4Q net profit
In a filing with the stock exchange, the group said the bonus shares will be issued as fully paid, at no consideration and without capitalisation of the group’s reserves.
Forest City incentives will help attract international capital, says Anwar
With the introduction of the single family office scheme, coordinated by the Securities Commission Malaysia, Prime Minister Datuk Seri Anwar Ibrahim hopes to attract regional and Malaysian families to manage their family wealth from Malaysia.
Malaysian companies to start complying with sustainability reporting framework in phases from 2025, says SC
With the launch of the NSRF, Malaysia joins more than 20 jurisdictions around the world, representing a collective global gross domestic product (GDP) of 55%, which have adopted or are moving towards implementing IFRS S1 and S2 standards, pertaining to sustainability and climate-related financial disclosures.
