Elevated office vacancy rates persist as supply outpaces demand, BNM says
“Continued observations of preferences for more flexible tenancy contracts and hybrid work arrangements suggest adjustments in supply still have some way to go.
Housing loan growth slowed in 2024, impairment ratio remained low, says BNM
Overall outstanding housing loans grew by 6.
Bonia to raise stakes in property investment subsidiary, restaurant associate for combined RM13m
Bonia will acquire an additional 25% stake in Casa Bologna Sdn Bhd for RM5.
Which KL high-rises beat the competition in 2024?
See the top five high-rises in KL with the highest price growth in 2024, based on EdgeProp Research data.
NCT Alliance buys 51% stake in Sabah property developer for RM22m in cash, land swap deal
Back in September, both NCT Alliance and Setara Juara signed a memorandum of understanding for the deal.
S P Setia’s first shopoffice in Setia Alamsari, Emporia, handed over ahead of schedule with 90% pre-leased before vacant possession
Setia Alamsari is also set to unveil its next phase — Elysian Bungalows & Semidees.
Seremban offers 150 new home projects in coming years, mostly landed
There are 36 upcoming projects scheduled for completion in Seremban this year — a 50% surge compared to last year.
First stage of Sime Darby Property's The Nine, Elmina Green landed homes fully taken up at preview
Amenities such as a children's playground, badminton and futsal courts, yoga lawn, outdoor gym and an orchard garden will be provided at the development.
Lim Seong Hai Capital secures 20-year concession to operate KL Tower, starts April 1
Additionally, it will manage existing commercial facilities, including restaurants and kiosks, while retaining all related income.
Reader’s letter: Urban Renewal Act a necessary step forward, but tweaking needed
A higher threshold of consensus should be required, such as 100% for buildings 60 years old and below, [and] 80% for buildings exceeding 60 years old.
