KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
Key Takeaway Singapore’s Draft Master Plan 2025 lays out a transformational blueprint that will reshape long-term real estate strategies. From repurposing older CBD buildings to new growth hubs in Jurong, Bishan, and Paya Lebar, investors will need to adapt portfolios toward mixed-use, decentralized, and high-specification assets to capture future demand. 1. Central Business District (CBD) Transformation Redevelopment Incentives: Schemes like the CBD Incentive Scheme and Strategic Development Incentive will reward owners who convert aging office stock into mixed-use projects (residential, hotel, work-live-play). Controlled Supply: With tighter office supply in Raffles Place and Marina Bay, investor focus may shift to diversified downtown projects that enhance liveability. 2. Rise of Polycentric Growth Hubs Jurong Lake District: Positioned as Singapore’s “second CBD” , channeling future ...