News about li

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.

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.

PETALING JAYA (May 13): A Penang state assemblyman has proposed a 3% property transfer premium on buyers who are not from the state, in a bid to cool speculative demand and channel funds into affordable housing schemes for locals.

PETALING JAYA (May 13): The Real Estate and Housing Developers' Association (Rehda) Malaysia has expressed support for the proposed introduction of an “Option to Purchase” (OTP) clause under the new Real Property Development Act, which is expected to replace the current Housing Development (Control and Licensing) Act 1966 (Act 118).

PETALING JAYA (May 8): The Ministry of Housing and Local Government (KPKT) is studying the introduction of an Option to Purchase (OTP) clause under the proposed Real Property Development Bill as part of wider efforts to reduce sick, delayed and abandoned housing projects.

KUALA LUMPUR (May 8): Pavilion Real Estate Investment Trust (Pavilion REIT) recorded a stronger first quarter ended March 31, 2026 (1Q2026), posting higher distributable income and distribution per unit (DPU) on the back of improved net property income from its core retail assets.

KUALA LUMPUR (May 7): Pavilion Real Estate Investment (REIT) (KL:PAVREIT) launched the Pavilion Loves Sustainability initiative in conjunction with Sustainability Week 2026 on Wednesday (May 6), featuring several retailers at the EcoHub pop up in Pavilion Bukit Bintang and Pavilion Bukit Jalil.

PETALING JAYA (May 7): EWI Capital Bhd's investee fund has completed the acquisition of its first asset — a prime Melbourne office tower — marking a significant milestone in the Malaysian developer-turned-investment-holding company's strategic pivot towards recurring income-generating real estate.

PETALING JAYA (May 4): When Merdeka 118 was designated Malaysia's first building recognised under the MD (Malaysia Digital) Nexus category of the new Malaysia Digital Location Recognition (MDLR) framework in February, this year, most coverage treated it as a technology policy milestone.

PETALING JAYA (May 4): Malaysia is sitting on one of Southeast Asia's most compelling digital investment stories — RM342.