REHDA welcomes continued provisions made in Budget 2026 for first-time homebuyers
REHDA however expressed “trepidation pertaining the announcement to increase the stamp duty for foreign residential ownership, from the current 4% to 8%.
REHDA however expressed “trepidation pertaining the announcement to increase the stamp duty for foreign residential ownership, from the current 4% to 8%.
“MBAM commends the government’s proactive measures in Budget 2026, which prioritises key infrastructure projects and underscores the critical role of the construction sector in driving Malaysia’s socio-economic development, particularly in transportation and housing.
Located on a 15-acre site, Ativo Annexe will comprise Amaya Residences (high-rise residences), The Arden (office suites) and DA Central Mall.
The new entrance provides quicker and more direct access to the station for those travelling to and from the riverside neighbourhood’s new pedestrianised high street, Electric Boulevard, as well as improving links for residents in the wider Battersea area.
As a result, the project went ahead under the Land Acquisition Act 1970, with 67% of landowners agreeing and the remaining 33% facing compulsory acquisition.
Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa said residents themselves agreed to redevelop the area, selected the developer, and signed a deal without government interference.
The joint venture will allow S P Setia to reduce its capital outlay for the project and comes at a time when the company is targeting to lower its financial leverage, according to MIDF Amanah Investment Bank and Kenanga Investment Bank.
Both organisations aim to facilitate capacity-building and training programmes for developers in Sabah, support the certification of residential and commercial projects under the GreenRE framework, and enhance industry awareness of the economic and environmental advantages of sustainable development.
As cities absorb burgeoning populations, they are increasingly vulnerable to social and climate-related pressures ranging from inadequate infrastructure to public health crises.
While Pavilion REIT continues to benefit from a rebound in tourism with expected drive spending and traffic at key assets such as Pavilion Kuala Lumpur and Pavilion Elite, the research house said the recent share price rally had already priced in much of this optimism and “tilted its risk-reward to be less compelling”.