Govt expands logistics sector business-to-business service tax exemption
“This is to reduce incidents of double taxing or cascading effect from the tax-on-tax imposition on several layers of the logistics supply chain.
Prime logistics warehouse leasing activity to stay resilient, likely rental growth, says Knight Frank Malaysia
Knight Frank Malaysia executive director of land and industrial solutions Allan Sim said the growth is attributed to tight availability of grade A warehouses and strong leasing demand for specific grade A warehouses.
JLL Malaysia: Logistic warehouses, data centres, Grade A premium offices to have most positive growth this year
JLL Malaysia logistics and industrial team member Derek Yap said warehouse absorption in Greater Kuala Lumpur remained robust last year, as demonstrated by the strong pre-commitment level from occupiers.
FM Global Logistics buys Singapore-based warehouse operator for RM18.9m to expand regionally
FM Global said its board believes that the profit guarantee is reasonable, after taking into account historical aggregate net profit after tax of CAC for FYE 2021, FYE 2022, and the seven-month financial period ended July 31, 2023 of about S$1.
PTT Synergy ventures into warehouse leasing business, investing RM160m to build Shah Alam facility
PTTS said its wholly owned subsidiary PTT Development Sdn Bhd has signed a lease agreement for the leasing of a warehouse with third-party logistic player Longterm Distribution Sdn Bhd.
Demand for warehouses and data centres booming, two sectors drive growth in Malaysia’s real estate
The demand for warehouse space remains high, with manufacturers being the main drivers as they expand their logistics space.
Hextar Technologies to exit warehouse segment after RM78.31 mil land disposal
“Upon completion of the (disposed) proposals, HexTech will continue mainly with its logistics, trading and technology and other businesses, such as insurance agency and investment holding,” HexTech said in a filing on Tuesday (July 4).
DONE DEAL: Warehouse, Jalan Bangi, Semenyih, Selangor
DONE DEAL: Bungalow, Country Heights, Kajang, Selangor DONE DEAL: Terrace house, Alor Gajah, Melaka The warehouse is located strategically at the industrial area of Jalan Bangi in Semenyih, Selangor.
DONE DEAL: Warehouse at Seksyen 22, Shah Alam, Selangor
Read also DONE DEAL: Three-storey semi-detached factory at Seri Kembangan, Selangor DONE DEAL: Double-storey terraced factory at Hicom Glenmarie Industrial Park, Shah Alam, Selangor With easy accessibility to major highways like Kemuning Shah Alam Highway (LKSA), Federal Highway, Shah Alam Expressway (KESAS), North-South Expressway Central Link (ELITE) and New Klang Valley Expressway (NKVE), Seksyen 22 in Shah Alam has attracted many business owners to set up their warehouses or manufacturing plants here.
Riding on warehouse logistics boom
Not every player in the real estate sector is struggling to stay afloat.
