AME Real Estate Investment Trust’s (AME REIT) initial public offering (IPO) for the Malaysian public portion was oversubscribed by 2.46 times.

Inta Bina Group Bhd’s wholly-owned subsidiary Inta Bina Sdn Bhd has accepted a RM137.8 million construction contract from SDB Properties Sdn Bhd, a wholly-owned subsidiary of Selangor Dredging Bhd.

Malaysia has introduced a Premium Visa Programme (PVIP) to attract wealthy foreigners to invest in Malaysia and reside in the country for a period of 20 years, says Home Minister Datuk Seri Hamzah Zainudin.

The home, which was once owned by Sylvester Stallone, was designed by “Hollywood’s architect to the stars”, Paul Williams

Rapidly rising interest rates are also expected to drive further falls going forward.

The Subang Jaya City Council (MBSJ) recently started a weekly live engagement session dubbed Subang Jaya Coffee Talk with stakeholders in the municipality.

Prasarana Malaysia Bhd (Prasarana), the country’s public transportation systems and services provider, will offer free rides to Persons with Disabilities (PWD) for a month on all public transport services, says Transport Minister Datuk Seri Dr Wee Ka Siong.

Noteworthy:

• Leasehold
• Built up: 22,356 sq ft
• 36 bedrooms, 37 bathrooms
• Fully furnished
• Nearby amenities: Restaurants, convenience shops, Kuala Terengganu Specialist Hospital,  Batu Buruk beach, Chinatown, bus stops
• Accessibility: Highway Paloh-Banggol Tuan Muda

When: July 2022

Noteworthy:

• Freehold
• Built up: 5,858 sq ft
• 5 bedrooms, 5 bathrooms
• Penthouse
• Semi-furnished
• Nearby amenities: Petronas Twin Towers, Suria KLCC and hospitals
• Accessibility: Ampang-Kuala Lumpur Elevated Highway (Akleh), Jalan Tun Razak, SMART Tunnel, as well as LRT and MRT stations

When: April 2022

The Housing and Local Government Ministry (KPKT) has taken the initiative to introduce the Liveable Malaysia Agenda by setting the Malaysia Liveability Index (iDAM) to be practised by the Local Authorities (LAs) in the country.