Mah Sing’s top management commemorate the momentous 30th Anniversary milestone with a sand-pouring gambit. Mah Sing Group Bhd (Mah Sing) commemorated its momentous 30th Anniversary milestone during its annual dinner, bringing together 700 employees nationwide to honour three decades of innovation, growth and achievements in the property industry. Themed A Luminous Gala, the celebration highlighted…
Read MoreKUALA LUMPUR (Jan 23): Gamuda Land, in collaboration with Meaningfull Life, is launching Malaysia’s first integrated eldercare facility within its twentyfive7 township, setting a new benchmark for multi-generational community living. The Meaningfull Clubhouse at Quayside Plaza is scheduled to open in March 2025, offering a pioneering eldercare model that integrates professional services within the township’s…
Read MoreKUALA LUMPUR (Jan 23): KIP Real Estate Investment Trust (KL:KIPREIT) said it remains in acquisition mode, aiming to expand its portfolio with more retail and industrial properties. The group wants to hit RM2 billion in assets under management “as soon as possible”, said chief executive officer Valerie Ong Pui Shan (pictured) at a press conference after…
Read MoreKUALA LUMPUR (Jan 23): The High Court allowed the forfeiture of Ricky Wong Shee Kai’s (pictured) luxury condominium unit at Four Seasons Place in Kuala Lumpur, as well as RM445,039.28 in the businessman’s personal fixed deposit account. The property is owned by Havana Bayview Sdn Bhd, of which Wong is a director and substantial shareholder….
Read MoreKUALA LUMPUR (Jan 23): Sentral Real Estate Investment Trust (KL:SENTRAL) is poised for modest earnings growth in fiscal year 2025 (FY2025), driven largely by rental reversion across the REIT’s portfolio, according to analysts. In a note on Thursday, CIMB Securities said that the company’s earnings are expected to grow 2.3% year-on-year (y-o-y), supported by rental…
Read MoreScientex, EdgeProp Malaysia, AFFIN BANK forge partnership to launch exclusive homebuyer rewards for Mori Residences 2 The campaign offers START members with rewards worth more than RM55,000 when they buy duplex units (starting from RM663,000) and penthouse units (starting from RM998,000) at Mori Residences 2 at Rawang. RAWANG (Jan 23): Scientex Bhd has entered into…
Read More“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. KUALA LUMPUR (Jan 22): Bank Negara Malaysia (BNM) on Wednesday kept the benchmark interest rate unchanged as widely expected, comfortable with its outlook for sustained economic growth…
Read MoreKUALA LUMPUR (Jan 21): Retailers at the Battersea Power Station, Malaysia’s largest investment involving public funds in Europe, saw a sales growth of 13.4% in November and December 2024, compared to the same festive trading period in 2023. In a statement on Tuesday, Battersea Power Station Development Company (BPSDC) said the growth was contributed by…
Read MoreBy Joseph Wong Malaysia’s property market is poised for a year of steady growth and transformation this year, driven by a combination of economic trends, strategic infrastructure developments and evolving buyer preferences. Analysts and industry stakeholders project a cautiously optimistic outlook, highlighting opportunities in both residential and industrial property segments. According to UOB Kay Hian,…
Read MoreKUALA LUMPUR (Jan 21): The East Coast Economic Region Development Council (ECERDC) secured RM13.4 billion in realised investments in 2024, a 56% growth from 2023’s RM8.6 billion. In a statement on Monday, ECERDC said this marks the highest annual investment value recorded for the East Coast Economic Region (ECER). Cumulative private investments from 2018 to 2024 amounted to…
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