Rising residential demand in Setapak spurs continual incoming high-rise supply
This article appeared in the March 12, 2026 issue of the monthly print edition.
This article appeared in the March 12, 2026 issue of the monthly print edition.
This article appeared in the March 12, 2026 issue of the monthly print edition.
KUALA LUMPUR (March 20): Real estate investment trusts (REITs) led losses across Bursa Malaysia’s sectoral indices on Thursday (March 19), as sentiment turned sour following the government’s move to remove a decade-long preferential tax treatment on REIT distribution.
KUALA LUMPUR (March 20): Berjaya Property Bhd (KL:BPROP), formerly Berjaya Land Bhd, has appointed Johor princess Tunku Tun Aminah Sultan Ibrahim as its new non-independent non-executive chairman, filling a role that had been vacant for more than two years.
KUALA LUMPUR (March 20): Property developer Rivertree STF Synergies Bhd (KL:RSSB) plans to diversify into the management of centralised labour quarters to reduce overall earnings volatility, it said in a bourse filing on Thursday.
KUALA LUMPUR (March 20): Maybulk Bhd (KL:MAYBULK), Eonmetall Group Bhd (KL:EMETALL) and Leader Steel Holdings Bhd (KL:LSTEEL) are selling three adjoining parcels of industrial land in Klang, Selangor, to WG Malaysia VIII Sdn Bhd for a combined RM687.
KUALA LUMPUR (March 20): Mieco Chipboard Bhd (KL:MIECO) is selling 16.
Hampshire Residences, Kuala Lumpur condo unit rented for RM8.
PETALING JAYA (March 19): Malaysia’s property sector recorded transaction values of RM241.
Cheras offers a strong balance of urban convenience, relative affordability, and community appeal for its denizens.