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News
Real estate news News Home Editor's Pick Latest News In Depth Stories Lifestyle Stories Videos Narratives Malaysia Property Industry The Pulse on Companies Your Local Experts Guides Events Upcoming events Best Managed & Sustainable Property Awards 2021 Best Managed & Sustainable Property Awards 2020 Best Managed Property Awards 2019 Best Managed Property Awards 2018 Best Managed Property Awards 2017
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Calculators Edge Reference Price Buy vs Rent calculator Quick Loan Check Credit & Loan Eligibility Report Research Location Scan EdgeProp HomeAdvisor Report Area Outlook Projects Directory Home Services Sell my property Submit home finder request Renovate my property Exclusive Broadband Promo Q&A Legal Q&A with Chris Tan Fengshui Q&A with Dato Joey Yap Guides Buying Renting Selling Home Financing Investing Home Improvement

News by TheEdgemarkets.com

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UOA REIT posts weaker earnings on lower occupancy, higher expenditure

04 May, 2023

UOA Real Estate Investment Trust (REIT)’s first quarter net profit fell 8.8% amid a decline in occupancy rate at its older buildings, coupled with an increase in expenditure, driven by higher electricity and borrowing costs.

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Astino buys Klang land for RM60.16m to expand operations

04 May, 2023

A wholly-owned company of flat steel products manufacturer Astino Bhd is buying a 884,703 sq ft piece of land in Selangor for RM60.16 million to undertake its expansion programme.

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Sunway REIT’s 1Q NPI rises 16% to RM138m driven by retail segment

04 May, 2023

Sunway Real Estate Investment Trust's (Sunway REIT) net property income (NPI) for the first quarter ended March 31, 2023 (1QFY23) rose 16.3% year-on-year (y-o-y) to RM138.31 million from RM118.92 million driven by its retail segment.

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FIABCI Malaysia: Indonesia’s new Nusantara capital touted as next economic hub

03 May, 2023

): Indonesia’s planned city Nusantara is poised to become the next economic hub in the country, as highlighted by FIABCI Asia Pacific region president and special envoy for foreign affairs Rusmin Lawin at the International Real Estate Federation (FIABCI) Malaysia Morning Talk at Dewan Berjaya, Bukit Kiara earlier on Wednesday (May 3).

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BNM makes surprise 25bps hike in OPR to 3%

03 May, 2023

Bank Negara Malaysia (BNM) has raised the overnight policy rate (OPR) by 25 basis points (bps) to 3%, as the central bank believes the global economy continues to be driven by resilient domestic demand.

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Govt aims to reopen closed roads in Klang Valley soon to ease traffic congestion, says Zahid

03 May, 2023

Roads closed due to construction work will be reopened soon to reduce traffic congestion in the Klang Valley, according to Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.

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Five years on, Brem Holdings ceases to be substantial shareholder in Titijaya

03 May, 2023

Brem Holdings Bhd has ceased to be a substantial shareholder in Titijaya Land Bhd, after its 48.33%-owned unit Titi Kaya Sdn Bhd disposed of 7.7 million shares in the property developer.

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Mulpha International’s Australian unit secures A$160m green syndicated construction facility

03 May, 2023

Mulpha International Bhd has secured a A$160 million (RM478 million) green syndicated construction facility in Australia.

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8 Conlay dispute referred to arbitration following GDB’s RM102m claim against project owner KSK Land

02 May, 2023

DCSB claimed for costs and expenses incurred for the delayed completion of the project. The claims included loss of profits, reputation, and general damages for breach of contract.

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ACE Holdings’ legal woes grow with new RM10m suit filed by 27 investors

02 May, 2023

So far, this is the largest group of plaintiffs suing ACE Holdings.

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