KUALA LUMPUR (July 25): Bank Muamalat Malaysia Bhd is the first bank in Malaysia to introduce a Step-Up Profit Rate (Super) package under the Housing Credit Guarantee Scheme (SJKP), a government-backed initiative aimed at expanding affordable homeownership among underserved communities. Through the SMART Mortgage SJKP Super, Bank Muamalat is providing a more inclusive and flexible…
Read MoreWith a net lettable area (NLA) of 240,000 sq ft, the KLGCC Mall is part of an integrated development that includes Menara KLGCC and Senada Residences. KUALA LUMPUR (July 25): Sime Darby Property Bhd (KL:SIMEPROP) (SDP) has reported 85% committed occupancy for the Kuala Lumpur Golf & Country Club (KLGCC) Mall (pictured) as of July…
Read MoreFadillah (centre) officially launching AREC and ARCHIDEX 2025 with Nga (third from left), Adrianta (left), Lim (right) and other officials at KLCC. — FAIHAN GHANI/The Star KUALA LUMPUR: Housing and Local Government Minister Nga Kor Ming has called for Asean countries to strengthen their regional collaboration to tackle the housing trilemma: Affordability, accessibility and sustainability….
Read MoreKUALA LUMPUR (July 24): SkyWorld Development Bhd launched SkyAwani PRIMA Residences yesterday, the newest addition to its award-winning Awani Series. Strategically located in Brickfields, SkyAwani PRIMA Residences is a joint development with Perbadanan PR1MA Malaysia, “furthering SkyWorld’s mission to deliver quality, affordable homes within Kuala Lumpur”, stated SkyWorld in a media release. The Awani Series…
Read MoreRE surcharge exemption for grid-based green power, open market power programme starting August—Energy Ministry The exemption, beginning Aug 1, is also extended to open market green energy programmes, namely the Corporate Renewable Energy Supply Scheme (CRESS) and Community Renewable Energy Aggregation Mechanism (CREAM) KUALA LUMPUR (July 24): Subscribers of Malaysia’s Green Electricity Tariff (GET) will…
Read MoreLee (second from left), Fadillah (fourth from left) and Nga (fourth from right) pose for a group picture with Maybank’s senior team members. PETALING JAYA: SkyWorld Development Bhd (SkyWorld) has launched SkyAwani PRIMA Residences, a joint development with PR1MA Corporation Malaysia (PR1MA) located in Brickfields. The development offers 492 units of 900 sq ft each…
Read MoreArchidex, Arec estimated to generate RM2b in business and investment opportunities Deputy Prime Minister Datuk Seri Fadillah Yusof: “Asean is transforming into a resilient and competitive single market—where resources, capabilities and varying stages of development are seen as shared assets. This regional integration is accelerating infrastructure development, particularly in the property and real estate sectors,…
Read MoreKUALA LUMPUR (July 22): Pavilion Real Estate Investment Trust or Pavilion REIT (KL:PAVREIT) on Wednesday cautioned that its operating margins may come under pressure moving forward due to higher service taxes on commercial rentals, minimum wage hikes and subsidy rationalisation. “Businesses in the retail industry adopt a cautious stand, given that cost pressures remain elevated….
Read MoreThe meeting also decided that the Malaysian Investment Development Authority would be the lead agency to approve all applications for new projects and expansion of existing investments related to data centres. KUALA LUMPUR (July 22): The data centre framework to be developed by the Ministry of Digital through the Data Centre Task Force (DCTF) will…
Read MoreM Nova is a mixed-use development consisting of three blocks of serviced residences with built-ups ranging from 700 to 1,000 sq ft. The development has 2-bedroom, 3-bedroom and 4-bedroom layouts, 11 units of retail lots and a drive-through retail concept. KUALA LUMPUR (July 21): Mah Sing Group Bhd (KL:MAHSING) has topped out its RM790 million…
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