Editor's Pick

YTL Hospitality REIT acquires Syeun Hotel in Ipoh for RM55m cash

YTL Hospitality REIT (YTL REIT) is acquiring Syeun Hotel in Ipoh, Perak, for RM55 million cash, as it looks to continuously acquire and invest in high-quality hospitality properties in Malaysia and internationally, with a view to providing long-term and sustainable income distribution to unitholders and achieving long-term growth in net asset value per unit.

DONE DEAL: Semidee house, Saujana Resort, Shah Alam, Selangor

Noteworthy:

  • Built-up size: 4,200 sq ft
  • Land size: 6,000 sq ft
  • Freehold
  • 7 bedrooms, 5 bathrooms
  • Semi-furnished
  • Nearby amenities: Ara Damansara LRT station, Saujana Golf & Country Club, CITTA Mall, Paradigm Mall
  • Accessibility: Federal Highway, DASH, NSE, Subang-Kelana Jaya Link, Sungai Buloh Highway, KESAS

When: October 2023

DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur

Noteworthy:

  • Built-up size: 4,000 sq ft
  • Land size: 8,761 sq ft
  • Freehold
  • Unfurnished
  • Nearby amenities: MRT Semantan, MRT Pusat Bandar Damansara, Pavilion Bukit Damansara, DC Mall, Help University, schools, F&B outlets, shops, Pusat Sains Negara
  • Accessibility: SPRINT - Damansara and Kerinchi Link, Jalan Tuanku Abdul Halim, Lebuhraya Sultan Iskandar

When: October 2023

HBA applauds Pemudah’s efforts towards cutting down bureaucratic red tape

The Government, through the Special Task Force to Facilitate Business (Pemudah) platform, is drafting a document entitled “New Deal for Business” (NDFB) to boost business confidence, stimulate economic growth and drive national digital transformation, reported the Business Insider recently.