Daily Industry News Update (27 July 2022)

Malaysia’s REIT sector still has legs to run despite spiralling interest rate

ALTHOUGH any rate hike is negative to the Malaysian REIT (real estate investment trust) sector, any adverse impact should be manageable given the sector’s healthy gearing levels and earnings recovery.

Melaka Still Has Lowest Home Prices In Malaysia, Pan Borneo Highway, MRT3 Projects To Continue As Planned And, More

Melaka still has the lowest home prices in Malaysia, with the average index price at RM181,203 per unit during the first