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IGB REIT: Retail Performance Strengthens, Cautious Outlook Ahead

"IGB REIT and IGB Commercial REIT report stronger 1QFY2025 earnings, but warn of headwinds from economic uncertainty, fuel subsidy cuts, and office oversupply." Kuala Lumpur, 24th Apr 2025, 02.56pm - IGB Real Estate Investment Trust (IGB REIT) and IGB Commercial REIT posted stronger earnings in the first quarter ended March 31, 2025 (1QFY2025), supported by improved rental income and higher occupancy...

MGB to Revive RM107 Million Serviced Apartment Project in Cameron Highlands with RM7.23 Mil Settlement

"MGB Bhd revives RM107 million Cameron Highlands serviced apartment project with RM7.23 mil settlement to joint venture partner. Project to launch in Q3 2025." Kuala Lumpur, 22th Apr 2025, 10.50am - MGB Bhd is moving forward with its long-delayed serviced apartment project in Cameron Highlands, after proposing a RM7.23 million settlement with its joint venture partner, Aset AZG Sdn Bhd (AASB). The...

IWG to Open Signature office by Regus Centre at Menara Merdeka 118 in Q3 2025

"IWG is set to open a Signature by Regus centre at Menara Merdeka 118 in Q3 2025, offering premium hybrid workspaces in Malaysia’s tallest tower. Learn more about the expansion." Kuala Lumpur, 22th Apr 2025, 10.50am - International Workplace Group (IWG), a global leader in hybrid work solutions, will open a new centre under its premium Signature by Regus brand at Menara Merdeka 118, Kuala Lumpur, in...

Malaysia Property Sector Poised for Growth in 1Q25 Despite Near-Term Headwinds, Say Analysts

"Malaysia’s property sector forecasted to grow in 1Q25, with high-end residential and industrial land sales driving earnings. Analysts highlight data centre deals, new launches, and steady demand." Kuala Lumpur, 21th Apr 2025, 11.55am - Malaysia’s property sector is expected to maintain steady momentum in the first quarter of 2025 (1Q25), supported by firm earnings from the previous quarter and...

Chin Hin and Fiamma to Launch RM1.03 Billion Mixed-Use Development Near KLCC

"Chin Hin and Fiamma to develop RM1.03 billion KLCC 2 Residence project near Suria KLCC, featuring 924 serviced apartments and retail units. Project slated to start in 2025." Kuala Lumpur, 18th Apr 2025, 01.13pm - Chin Hin Group Property Bhd is joining forces with Fiamma Holdings Bhd to develop a landmark RM1.03 billion mixed-use project near the iconic Kuala Lumpur City Centre (KLCC), marking a...

SkyWorld Buys Prime Mont’Kiara Land for RM110 Million, Eyes High-End Residential Launch

"SkyWorld Development acquires a 3-acre freehold plot in Mont’Kiara for RM110 million, marking its entry into the high-end residential segment and expanding its Klang Valley land bank." Kuala Lumpur, 17th Apr 2025, 02.13pm - SkyWorld Development Bhd has announced a major move into the luxury residential segment with the acquisition of a 3.032-acre freehold parcel in Mont’Kiara for RM110 million —...

Selangor Denies Claims of Relocating Gas Pipeline Fire Victims to Remote Areas

"Selangor government denies claims of relocating gas pipeline fire victims to remote areas, confirming victims can choose from 100 new temporary rental units under the SMART Sewa scheme." Selangor, 16th Apr 2025, 02.13pm - The Selangor state government has dismissed allegations that victims of the Putra Heights gas pipeline fire were relocated to remote areas, stressing that all temporary rental homes...

Malaysia Ranks 4th Globally Among Chinese Ultra-Wealthy Property Buyers in 2024

"Malaysia ranks 4th among Chinese ultra-wealthy homebuyers seeking luxury properties in 2024, driven by affordable prices, MM2H visa perks, and rising tourism and education links." Kuala Lumpur, 15th Apr 2025, 11.55am - Malaysia has soared into the global luxury real estate spotlight, ranking 4th among the most-enquired destinations by Chinese high-net-worth individuals (HNWIs) seeking luxury homes...

Malaysia’s Property Market to See Moderate Growth in 2025 Amid Global Uncertainties, Says Affin Hwang Research

"Affin Hwang Research forecasts RM21.5 billion in property sales for Malaysia in 2025, citing industrial demand, policy support, and infrastructure projects amid global economic uncertainty." Kuala Lumpur, 14th Apr 2025, 11.20am - Malaysia’s property market is projected to record moderate growth in 2025, with total sales expected to hit RM21.5 billion, according to Affin Hwang Investment Bank...

Sabah Pan Borneo Highway Phase 1 on Track for Completion by 2029, Says Tun Musa Aman

"Sabah’s Pan Borneo Highway Phase 1 to be completed by 2029, with major infrastructure upgrades, water supply projects, and renewable energy plans in motion, says Tun Musa Aman." Sabah, 11th Apr 2025, 01.30pm - The first phase of the Sabah Pan Borneo Highway, spanning 706km, is expected to reach full completion by 2029, reaffirmed Yang Dipertua Negeri of Sabah Tun Musa Aman during the opening of the...

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