There was an overall contraction of the Malaysian residential property market in the first half of this year (1Q2015) compared with 1Q2014, according to figures released by the National Property Information Centre (Napic).

Pavilion REIT’s lower 3QFY15 y-o-y earnings were mainly attributed to higher quit rent and assessment expenses (3QFY15: RM2.7 million versus 3QFY14: RM200,000) and utility costs (+28.7% y-o-y). This has nudged down 3QFY15’s net profit margin by 3.1 percentage points to 59.0%, as compared with 3Q14.

The retail segment continued to drive Sunway Real Estate Investment Trust (REIT)’s earnings growth, primarily from resilient performance of Sunway Pyramid shopping mall (+4.1%) and SunCity Ipoh (+0.0%) as well as improved performance of newly opened Sunway Putra Mall (+1,746.4%).

Kepong is an older, predominantly Chinese neighbourhood 12km away from Kuala Lumpur City Centre.

Drawing inspiration from Stonehenge, England, the façade of The Henge is made up of four tall buildings surrounding 29 condominium facilities.

Shah Alam is fairly large, with the areas covered in this study spanning from Kayangan Heights and Alam Budiman to the north to Kampung Lombong and Kampung Jalan Kebun to the south.

Nasa 3D-Printing Habitat Challenge goes extra-terrestrial

His relationship savvy takes Jalin Realty International into new markets

Prices have begun rising in this area, long known as an affordable suburb in Selangor.

MRCB’s order book growth story remains intact with more potential contract wins in 2016.