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Last Friday, Hektar announced that it is buying the land for RM40 million in the Durian Tunggal sub-district from KYS College Sdn Bhd in a related party transaction.

The property includes a two-storey factory, a three-storey office block, a two-storey warehouse, and a guardhouse, situated on approximately 6,182 sq m of land.

Malaysian REITs would still leverage on robust domestic spending, lower bond yields and active inorganic growth strategies, according to RHB Investment Bank Bhd.

Australia and New Zealand Banking Group (ANZ Research) in a note said BNM has historically only made back-to-back cuts during major shocks such as the Covid-19 pandemic or the Global Financial Crisis.

“While the domestic economy is on a strong footing, uncertainties surrounding external developments could affect Malaysia’s growth prospects,” BNM said.

About half of 23 economists polled predict a cut from 3%, while the rest expect the central bank to stand pat.

The project covers the construction and completion of 1,004 apartment units, along with podium parking, commercial spaces, resident facilities and infrastructure works.

Transport Minister Anthony Loke said these incidents, while understandably inconvenient for passengers, actually demonstrate the integrity and reliability of the new aerotrain’s safety systems.

If you are looking to take advantage of rail connectivity via the soon-to-start Shah Alam Line, here are all the upcoming residential projects sprouting around its stations.

InvestPenang said the 36,000 sq ft innovation hub, located in Bayan Lepas, serves as a one-stop centre for local integrated circuit (IC) design startups, offering access to advanced infrastructure, high-performance computing environments and collaborative development programmes.