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The group is positive pricing will be more effective, going forward.

Retail-focused trust manages rental pressures by charging according to tenants’ sales.

Eastern & Oriental Bhd (E&O) fell as much as 18 sen or 8% on profit taking after the stock rose ahead of the property developer's announcement on a planned joint venture with Malaysia's Retirement Fund (Inc).

Land & General Bhd’s related party transaction proposal to take over five property firms from its major shareholder, Malaysia Land Properties Sdn Bhd, for RM344 million cash has caught the Minority Shareholder Watchdog Group’s attention as questions remain over the deal.

“For the genuine developers, house prices will not drop because they set the price where it will give them a reasonable return."