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PETALING JAYA (April 6): Malaysia's housing credit guarantee scheme is being scaled up significantly, with the government targeting 100,000 first-time homeowners this year under an expanded RM40 billion facility.

JOHOR BAHRU (March 30): Paragon Globe Bhd is advancing its industrial pivot through a strategic partnership with GSP Automotive Group to develop a 47-acre automotive-focused industrial hub (“AutoPark”) in Iskandar Puteri, Johor, with an estimated gross development value (GDV) of RM1.

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 19): Glomac Bhd's (KL:GLOMAC) net profit nearly tripled in its third financial quarter, on improved contribution from its property development business amid increased activities.

KUALA LUMPUR (March 17): Malaysia has appointed eight local and foreign banks to manage East Coast Rail Link’s renminbi loan exposure as the project nears completion.

KUALA LUMPUR (March 17): Malaysia’s flagship East Coast Rail Link (ECRL), a major rail project designed to connect the country’s less-developed east coast states with the Klang Valley economic hub, entered into its testing and commissioning phase following the completion of track construction and key system installations.

KUALA LUMPUR (March 16): Sunway Real Estate Investment Trust (KL:SUNREIT) is establishing a sustainability-linked commercial papers (SLCPs) programme of up to RM3 billion in nominal value.

KUALA LUMPUR (March 13): The Real Estate and Housing Developers' Association (Rehda) said over two-thirds of prospective homebuyers in Malaysia fail to obtain financing for property purchases, mainly due to high debt obligations and inadequate income levels.

Living in Shah Alam: A practical guide to homes, lifestyle, connectivity Living in Shah Alam means more than just finding a place to stay.

KUALA LUMPUR (March 11): Construction of the diversion alignment for the East Coast Rail Link (ECRL) project into the operational area of Kuantan Port is expected to be completed by the end of this year, the Dewan Negara was told on Wednesday.