Malaysia REITs Likely to Remain Resilient Despite Tax Change -- Market Talk

Dow Jones03-24

0139 GMT - Malaysian REITs are expected to remain resilient despite the removal of the preferential 10% withholding tax on income distributions from REITs for non-corporate investors from 2026, Affin Hwang IB analyst Afifah Ishak and Isaac Chow say in a note. The tax change could trigger near-term selling pressure as investors reassess their returns from REITs, while foreign interest may also weaken given less competitive tax rates versus regional peers, they add. However, any weakness is likely to be absorbed by local institutional and corporate investors, the analysts say. Affin Hwang maintains an overweight rating on the sector. Preferred picks include Axis Real Estate Investment Trust, IGB Real Estate Investment Trust, KLCC Property, YTL Hospitality REIT and Sunway REIT.(yingxian.wong@wsj.com)

(END) Dow Jones Newswires

March 23, 2026 21:39 ET (01:39 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2621039700?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-24 09:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2621039700","market":"other","top_or_hot":-1,"title":"Malaysia REITs Likely to Remain Resilient Despite Tax Change -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0139 GMT - Malaysian REITs are expected to remain resilient despite the removal of the preferential 10% withholding tax on income distributions from REITs for non-corporate investors from 2026, Affin Hwang IB analyst Afifah Ishak and Isaac Chow say in a note. The tax change could trigger near-term selling pressure as investors reassess their returns from REITs, while foreign interest may also weaken given less competitive tax rates versus regional peers, they add. However, any weakness is likely to be absorbed by local institutional and corporate investors, the analysts say. Affin Hwang maintains an overweight rating on the sector. Preferred picks include Axis Real Estate Investment Trust, IGB Real Estate Investment Trust, KLCC Property, YTL Hospitality REIT and Sunway REIT.(yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 23, 2026 21:39 ET (01:39 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Malaysia REITs Likely to Remain Resilient Despite Tax Change -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMalaysia REITs Likely to Remain Resilient Despite Tax Change -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-24 09:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0139 GMT - Malaysian REITs are expected to remain resilient despite the removal of the preferential 10% withholding tax on income distributions from REITs for non-corporate investors from 2026, Affin Hwang IB analyst Afifah Ishak and Isaac Chow say in a note. The tax change could trigger near-term selling pressure as investors reassess their returns from REITs, while foreign interest may also weaken given less competitive tax rates versus regional peers, they add. However, any weakness is likely to be absorbed by local institutional and corporate investors, the analysts say. Affin Hwang maintains an overweight rating on the sector. Preferred picks include Axis Real Estate Investment Trust, IGB Real Estate Investment Trust, KLCC Property, YTL Hospitality REIT and Sunway REIT.(yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 23, 2026 21:39 ET (01:39 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFA.SI","symbol_name":"NikkoAM-STC Asia REIT","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2621039700","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2621039700","pubTimestamp":1774316340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0139 GMT - Malaysian REITs are expected to remain resilient despite the removal of the preferential 10% withholding tax on income distributions from REITs for non-corporate investors from 2026, Affin Hwang IB analyst Afifah Ishak and Isaac Chow say in a note. The tax change could trigger near-term selling pressure as investors reassess their returns from REITs, while foreign interest may also weaken given less competitive tax rates versus regional peers, they add. However, any weakness is likely to be absorbed by local institutional and corporate investors, the analysts say. Affin Hwang maintains an overweight rating on the sector. Preferred picks include Axis Real Estate Investment Trust, IGB Real Estate Investment Trust, KLCC Property, YTL Hospitality REIT and Sunway REIT.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CFA.SI":"NikkoAM-STC Asia REIT","CFA":"VictoryShares US 500 Volatility Wtd ETF"},"translate_title":"尽管税收变化，马来西亚房地产投资信托基金可能仍保持弹性——市场讨论","themeId":"8603dabb40994e59ac78c04c930c0d49","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFA":1.5,"CFA.SI":1.5},"content_text":"0139 GMT - Malaysian REITs are expected to remain resilient despite the removal of the preferential 10% withholding tax on income distributions from REITs for non-corporate investors from 2026, Affin Hwang IB analyst Afifah Ishak and Isaac Chow say in a note. The tax change could trigger near-term selling pressure as investors reassess their returns from REITs, while foreign interest may also weaken given less competitive tax rates versus regional peers, they add. However, any weakness is likely to be absorbed by local institutional and corporate investors, the analysts say. Affin Hwang maintains an overweight rating on the sector. Preferred picks include Axis Real Estate Investment Trust, IGB Real Estate Investment Trust, KLCC Property, YTL Hospitality REIT and Sunway REIT.(yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 23, 2026 21:39 ET (01:39 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.38.0","shortVersion":"4.38.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2621039700","isCrawlerRequest":true}