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REAL ESTATE NEWS

Real Estate News

Malaysia, Brunei expected to meet land border target by 2034
(Business Times) 26/08/2024
Malaysia, Brunei expected to meet land border target by 2034
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The State of the Nation: Malaysia’s 2024 economy poised to grow close to upper end of 4% to 5% target
(The Edge Market) 26/08/2024
MALAYSIA’s economy appears to be on a good trajectory, with the second-quarter gross domestic product (GDP) expanding 5.9%, higher than the estimate of economists and official advance estimate of 5.8%.
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Mavcom: Malaysia records 14.3pc more air travellers with 8.8 million in July compared to last year
(Malay Mail) 26/08/2024
KUALA LUMPUR, Aug 26 — Malaysia has recorded a 14.3 per cent increase year-on-year (y-o-y) in air passenger traffic, with 8.8 million passengers in July 2024 versus 7.7 million in the same month a year ago, according to the Malaysian Aviation Commission (Mavcom).
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Malaysia needs 62,000 competent individuals to drive re generation by 2050 – Fadillah
(The Sun) 26/08/2024
PUTRAJAYA: Malaysia requires approximately 62,000 competent individuals to drive the generation of renewable energy (RE) up to 70 per cent or 56 gigawatts in the energy sector by 2050.
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SD Guthrie, TH Properties to develop Malaysia’s first Halmas-certified managed industrial park
(The Star) 22/08/2024
PETALING JAYA: TH Properties Sdn Bhd, a wholly owned subsidiary of Lembaga Tabung Haji, is forming a joint venture with SD Guthrie Bhd for the development of Malaysia’s first Halmas-certified managed industrial park, situated on 464 acres of prime land in Bukit Pelandok, Negeri Sembilan.
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AEM opens new RM65m manufacturing plant in Penang

(The Edge Market) 09/01/2023

BUTTERWORTH (Jan 9): Singapore-based AEM Holdings Ltd, a semiconductor test solutions provider, has opened its new RM65 million manufacturing plant in Penang.

Prasarana to allocate RM2.8b to improve train, bus services

(The Edge Market) 09/01/2023

KUALA LUMPUR (Jan 9): Prasarana Malaysia Bhd will spend a total of RM2.8 billion to improve train and bus services, replacing train equipment and increasing the number of trains and buses.

(The Edge Market) 09/01/2023

KUALA LUMPUR (Jan 9): GDB Holdings Bhd, the main contractor of the 8 Conlay mixed development, will now resume work on a part of the project as it has received partial payment from the project owner, Damai City Sdn Bhd, a unit of KSK Land Sdn Bhd.

(The Edge Property) 09/01/2023

GEORGE TOWN (Jan 9): Penang-based property developer Hunza Group is likely to launch a few projects in the next few years with a total gross development value (GDV) of about RM2.2 billion.

Malaysia to have weaker economic growth this year

(Malaysian Reserve) 09/01/2023

MALAYSIA will see a weaker economic growth at a 4.1% estimated rate in 2023 from 8.5% in 2022, largely due to an interplay of weakening external environment, new government narratives, domestic inflation and interest rate hike. 

Gan: Radium’s strategy to provide affordable housing has been a success

(News Straits Times) 09/01/2023

Radium Development Berhad, which has received approval from the Securities Commission to list its shares on Bursa Malaysia, said that its strategy to build affordable houses has been a resounding success.

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