While shopping mall owners grapple with rising costs, KIP REIT (KL:KIPREIT) could stay resilient and offer an above-average distribution yield of 8%, according to Apex Securities.

Anchored by an international port serving as Malaysia’s main gateway for cargo freight, Port Klang town has been lined by a historic commercial core as old as the harbour. With some having weathered more than a century’s rain and shine, the shops here retain among the lowest rent rates in the Klang Valley.

A planned developmnt by Tan & Tan Developments Bhd, this exclusive strata villa project sits on 4.8 acres of prime land in Damansara Heights, Kuala Lumpur. 

Recent disruptions of the aerotrain service at Terminal 1 of the Kuala Lumpur International Airport (KLIA) were not due to mechanical failure, but a minor technical issue that was resolved promptly, said Transport Minister Anthony Loke Siew Fook.

Mah Sing Group Bhd’s (KL:MAHSING) maiden project under its premium M Grand Series, M Grand Minori, recorded a 90% take-up rate for Phase 1 of Tower A during its launch weekend.

With more jobs set to trickle in for Gamuda Bhd (KL:GAMUDA), investors should focus more on the wins than earnings delivery at the builder, said CGS International in lifting its target price to the highest on the street.

Exsim Hospitality Bhd (KL:EXSIMHB), formerly Pan Malaysia Holdings Bhd, has agreed with AmFIRST Real Estate Investment Trust (REIT) (KL:AMFIRST) to manage a planned RM45 million refurbishment and rebranding of The Summit Hotel Subang USJ, and to lease the hotel for three years after the revamp.

A new planning regulation that was quietly passed in June has given the Kuala Lumpur mayor excessive powers to approve developments in the capital city, a government backbencher flagged.

The Malaysian government is working with state regulators to introduce a specific water tariff for data centres and heavy industrial users, while encouraging the adoption of recycled water and district cooling systems to reduce the strain on clean water resources.

Prime Minister Datuk Seri Anwar Ibrahim has questioned the developer of the Residensi Aman Lumyan affordable housing project in Bandar Sri Permaisuri, Kuala Lumpur, over the absence of a school in the development plan of the project.