Rate Cut To Spur Moderate Demand In Property Sector, Say Analysts

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 20 (Bernama) -- The cut in the Overnight Policy Rate (OPR) by Bank Negara Malaysia (BNM) will spur moderate demand for properties in general in the second half (2H) of this year while demand in the high-end segment will continue to be robust, analysts say.

Bank Islam’s ISIA 3.0 Redefines Investment, Profits With Purpose

KUALA LUMPUR, July 1 (Bernama) -- Bank Islam Malaysia Bhd has launched the Ihsan Sustainability Investment Account (ISIA) 3.0, the third version of its pioneering Shariah-compliant investment offering.

Kota MADANI Project To Begin In 3Q, Costing RM4 Bln

PUTRAJAYA, June 24 (Bernama) -- The phased development of Kota MADANI in Precinct 19, Putrajaya — a government quarters project — is set to begin in the third quarter (3Q) of this year, with an estimated total cost of RM4 billion.

MTD Properties Embarks On Two Residential And Industrial Projects In Melaka

MELAKA, June 14 (Bernama) -- MTD Properties Sdn Bhd is set to develop two property projects in Melaka, comprising residential and industrial units, with phased construction expected to begin this year.

Urban Renewal Act Offers Significant Benefits, Overhang Remains A Concern -- Propertyguru Malaysia

By Durratul Ain Ahmad Fuad and Nur Atiq Maisarah Suhaimi

KUALA LUMPUR, May 14 (Bernama) -- The Urban Renewal Act, expected to be tabled in Parliament this July, could bring significant benefits such as preserving heritage, revitalising communities and generating economic impact, said PropertyGuru Malaysia country manager Kenneth Soh. 

Lagenda Expands Presence Into N. Sembilan, Acquires Land With RM550 Mln GDV

KUALA LUMPUR, March 20 (Bernama) -- Lagenda Properties Bhd (Lagenda) is expanding its development footprint nationwide with a strategic move into Negeri Sembilan, following the acquisition of land in Seremban which has an estimated gross development value (GDV) of RM550 million.

Gagasan Nadi Unit Secures RM134.41 Mln Contract In Bandar Elmina

KUALA LUMPUR, March 19 (Bernama) -- Gagasan Nadi Cergas Bhd’s unit Nadi Emery Sdn Bhd (NESB) has secured a RM134.41 million contract from Lembaga Perumahan Dan Hartanah Selangor (LPHS) for the en-bloc purchase of 523 units of Rumah Idaman, under Project Rumah Idaman at Elmina 5, Bandar Elmina (Type E), Sungai Buloh, Selangor.

Scientex Posts Lower Net Profit Of RM123.95 Mln In 2Q

KUALA LUMPUR, March 12 (Bernama) -- Scientex Bhd’s net profit fell 12.1 per cent to RM123.95 million in the second quarter ended Jan 31, 2025 (2Q FY2025) compared with RM141.01 million a year earlier. 

BPMB To Provide RM18.5 Mln Financing For Affordable Housing Project In Penang

KUALA LUMPUR, Feb 26 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) has signed an RM18.5 million Tawarruq Financing Facility agreement with Firma Atasan Sdn Bhd to support the first phase of the Juru Hills Affordable Housing Project in Penang.

KLCCD Outlines Plans For Unique, Inclusive, And Sustainable Bandar Malaysia Project - MoF

KUALA LUMPUR, Feb 20 (Bernama) — The developer behind the Bandar Malaysia project, KLCC Development Sdn Bhd (KLCCD), which is a wholly-owned subsidiary of KLCC (Holdings) Sdn Bhd (KLCCH), has outlined plans to create a unique, inclusive, and sustainable development, according to the Ministry of Finance (MoF).

Malaysia Leads ASEAN In Expanding Affordable Housing -- Juwai IQI

KUALA LUMPUR, Feb 18 (Bernama) -- Malaysia is an ASEAN leader in successfully expanding access to affordable housing, though it has limited resources to dedicate to the segment, according to Juwai IQI.

SSF, Rumah Ibu Ink MoU For Affordable Housing Initiative In Perak

KUALA LUMPUR, Feb 7 (Bernama) -- Homegrown furniture and home living retailer SSF Home Group Bhd (SSF) has signed a memorandum of understanding (MoU) with Rumah Ibu Sdn Bhd to collaborate on the Rumah Ibu Scheme, an affordable homeownership initiative in Perak.