News

"Malaysia's economy aims 4%-5% growth, focusing on consumer spending, investments, and external demand." KUALA LUMPUR, 10th May 2024 - On Thursday, Malaysia's central bank opted to keep the benchmark interest rate steady, as anticipated, noting an uptick in economic activity alongside manageable inflation. Bank Negara Malaysia (BNM) announced that the overnight policy rate (OPR) would remain at 3%...

"The government did not issue any directive for an investigation, but because there was a police report, the police initiated an investigation according to standard procedures." KUALA LUMPUR, 9th May 2024 - Communication Minister Fahmi Fadzil (shown in the image) emphasized that the police inquiry into the news article regarding the proposed casino development in Forest City, Johor, was not instigated...

"The hypermarket operator has lodged an appeal against a court directive demanding the surrender of the 180,000 square feet premises, which ensued after its landlord, Crystal Promenade Sdn Bhd, obtained a summary judgment." KUALA LUMPUR, 8th May 2024 - GCH Retail (M) Sdn Bhd, the company managing Giant hypermarkets, stated that the courts are currently deliberating on a tenancy dispute with its...

"Selangor Menteri Besar Datuk Seri Amirudin Shari noted that most families and next of kin participating in relocating 90 graves from the Klang Strait Muslim Cemetery supported the decision to exhume and transfer them." SELANGOR, 6th May 2024 - Selangor Menteri Besar Datuk Seri Amirudin Shari stated that most family members and next of kin engaged in the relocation process of 90 graves at the Klang...

"Discover the latest updates on Penang's Mutiara Line LRT Project, from strategic workshops to key stakeholder involvement and procurement insights. Join us as Penang gears up for transformative urban development and enhanced connectivity." GEORGE TOWN, 3rd May 2024 - Penang is buzzing with anticipation as the state government unveils plans for the eagerly awaited Penang Mutiara Line Light Rail Transit...

"Discover Chin Hin Group officially launched Dawn KLCC & Aricia Residences on Saturday, April 27th, and the sales response over the past two weeks has been overwhelming." KUALA LUMPUR, 30th Apr 2024 - Chin Hin Group has introduced its newest projects, Dawn, KLCC, and Aricia Residences, through an exclusive preview held at its recently inaugurated sales gallery located at Menara Centara on Saturday,...

"Discover UOA Development's ambitious plans with two upcoming projects worth a total of RM2.7 billion, set to be completed by 2026. Stay tuned for groundbreaking developments in Malaysia's property landscape." KUALA LUMPUR, 29th Apr 2024 - UOA Development Bhd, a property developer, has announced intentions to unveil two upcoming projects with a combined estimated gross development value (GDV) of...

"According to the data collected through analysis, it seems that having a power station or transmission lines within a 50-meter radius of the houses does not uniformly affect property prices." KUALA LUMPUR, 26th Apr 2024 - Residing near a power station or electrical transmission lines is a common scenario for certain individuals in Malaysia. Just like in any other part of the globe, being close to such...

"Explore the unveiling of Sunway Velocity 3 in Cheras, Kuala Lumpur, offering affordable living options with integrated smart features and convenient access to amenities. Discover the latest in urban living at Sunway Property's preview event." KUALA LUMPUR, 24th Apr 2024 - Sunway Property, the real estate division of Sunway Bhd, is scheduled to provide a sneak peek of the initial phase of Sunway...

"Discover the latest insights on Malaysian real estate investment trusts (REITs) and their competitive landscape in attracting mall visitors. Stay informed about the projected trends and potential impacts on the retail sector." KUALA LUMPUR, 22th Apr 2024 - The anticipated target yields for Malaysian real estate investment trusts (REITs) are projected to stay consistent throughout the year, assuming...