The cautious stance comes as the central bank on Wednesday decided during its first monetary policy meeting of the year to hold the benchmark rate steady at 3%, a move unanimously expected by the market.
The real estate investment trust (REIT) announced a distribution of 1.
“We have been actively managing our balance sheet to create room for acquisitions and if we have a choice, we would be keen to deploy some of our capital again in the industrial and logistics area,” said Tan Choon Siang, the chief executive officer of the trust's manager, CapitaLand Malaysia REIT Management Sdn Bhd.
Revenue increased 5.
NPI for the quarter ended Dec 31, 2024 (3QFY2025) was RM11.
DONE DEAL: Factory, Eco Business Park, Puncak Alam, Selangor DONE DEAL: Semidee house, Jade Hills, Kajang, Selangor Service apartments and condominiums make up the majority of the residential property market in Ara Damansara, at 33.
In the JLL 1Q2025 press conference for the Malaysian property sector on Wednesday, JLL Malaysia managing director Jamie Tan shared that property hotspots, such as the central Klang Valley, Penang and Johor, are more prone to overbuilding as market sentiment improves.
The freehold homes, priced from RM420,888, offer built-up areas ranging from 1,010 to 1,138 sq ft.
“At the current OPR level, the monetary policy stance remains supportive of the economy, and is consistent with the current assessment of inflation and growth prospects,” BNM said.
KTI’s wholly owned unit KTI Sdn Bhd accepted a letter of intent in relation to the project from Sabah’s Housing and Town Development Authority on Tuesday.
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