TRX's residential market takes shape — a tale of two tiers
PETALING JAYA (May 15): Tun Razak Exchange was never supposed to be about the apartments.
Sentral REIT sees improving occupancy levels as it posts marginal gains for 1Q earnings
KUALA LUMPUR (May 14): Sentral Real Estate Investment Trust (KL:SENTRAL) sees improving occupancy levels and steady leasing activity for 2026 as its Klang Valley office portfolio navigates a competitive tenant-driven market and mounting cost pressures.
Encorp, KBI Properties to explore strategic property development opportunities
KUALA LUMPUR (May 14): Encorp Bhd (KL:ENCORP) has entered into a memorandum of understanding (MOU) with KBI Properties Sdn Bhd to explore strategic partnership opportunities and potential collaborations in the property development sector, according to a press statement issued on Wednesday.
Setia EcoHill, Selangor terrace house sold for RM750k | DONE DEAL
Damai Gayana, Kuala Lumpur semidee house sold for RM1.
Axis-REIT acquires Shah Alam industrial complex for RM38m in related party deal
PETALING JAYA (May 14): Axis Real Estate Investment Trust (Axis-REIT) is acquiring an industrial complex in Seksyen 16, Shah Alam, Selangor for RM38.
KPKT urges local councils to cut small traders' rents, commends DBKL’s reductions up to 50%
PETALING JAYA (May 14): The Housing and Local Government Ministry (KPKT) has urged all local authorities (PBTs) nationwide to consider reducing rental rates for business premises, stalls and food courts under their purview until end-2026, as part of efforts to ease the rising cost burden on hawkers and small traders.
Sunway REIT posts 10% rise in 1Q profit, retail segment leads recovery
PETALING JAYA (May 14): Sunway Real Estate Investment Trust (Sunway REIT), one of Malaysia's largest diversified REITs with 28 properties valued at RM10.
PBT tenants in Negeri Sembilan to enjoy 20% rental cut
SEREMBAN (May 14): The Negeri Sembilan state government has agreed to provide a 20% rental reduction for all tenants of local authority (PBT) premises from June to December this year, involving a total cost of RM1.
The Wyn Residences hits 66% take-up as completion timeline accelerated to June 2027
KUALA LUMPUR (May 13): Land & General Bhd (L&G) (KL:L&G) has accelerated the completion timeline for The Wyn Residences in Bandar Puchong Jaya to June 2027, marking a 12-month advancement from the original June 2028 target.
Economy minister urges local authorities, state govts to slash rental rates of premises
KUALA LUMPUR (May 13): The National Economic Action Council (MTEN) has urged local authorities and state governments nationwide to immediately reduce rental rates for premises and shops under their management.
