18MPS: Higher incomes still can’t fix housing crunch—economist
KUALA LUMPUR (Jan 29): Rising prices and limited income continue to put Malaysian homebuyers under pressure, particularly in urban areas.
SkyWorld opens first Penang sales gallery, marks northern expansion
SEBERANG JAYA (Jan 29): SkyWorld Development Bhd (KL:SKYWLD) has launched its first sales gallery in Penang, marking its official entry into the northern region.
Putrajaya launches three digital initiatives to boost smart city agenda
PUTRAJAYA (Jan 29): Three major digital initiatives were launched on Thursday to strengthen Putrajaya’s position as a smart and sustainable city, while advancing its digital transformation and community engagement agenda.
GuocoLand posts lower 2Q profit as property contributions ease
KUALA LUMPUR (Jan 29): GuocoLand (Malaysia) Bhd (KL:GUOCO), the property arm of Hong Leong Group, said its net profit fell 9.
Geohan secures RM32 mil piling jobs in Johor from Sunway units
KUALA LUMPUR (Jan 29): Foundation and geotechnical services provider Geohan Corp Bhd (KL:GEOHAN) said it has secured two piling contracts worth a combined RM32.
CapitaLand Malaysia Trust eyes industrial and logistics segment expansion, targets 20% AUM by 2028
KUALA LUMPUR (Jan 29): CapitaLand Malaysia Trust (KL:CLMT) is eyeing acquisitions in Penang, Johor and the Klang Valley to expand its industrial and logistics segment, as it works towards a 20% assets under management (AUM) mix by 2028.
CapitaLand Malaysia Trust reports 12.4% rise in 4Q property income, declares 1.27 sen DPU
KUALA LUMPUR (Jan 29): CapitaLand Malaysia Trust (KL:CLMT) reported a 12.
Axis REIT's 4Q profit up 47% to RM134 mil on resilient property income
KUALA LUMPUR (Jan 29): Axis Real Estate Investment Trust (KL:AXREIT) posted a higher net profit of RM133.
Scarce Grade A office supply from 2027 to benefit landlords in Greater KL—JLL
KUALA LUMPUR (Jan 29): Supply limitations in the Greater Kuala Lumpur office market are expected to intensify from 2027, with only a single non-strata Grade A office project scheduled for completion.
IGB, IGB Commercial REITs post strong 4Q property income on higher rentals
KUALA LUMPUR (Jan 29): IGB Real Estate Investment Trust (KL:IGBREIT) and its sister trust, IGB Commercial REIT (KL:IGBCR) posted stronger net property income (NPI) for the fourth quarter (4Q), driven by higher rental income.
