In Depth

Pavilion REIT likely to acquire completed Pavilion Extension

While investors may treat the asset injection news positively, PavREIT’s one-year forward yield of 5.5% implies a spread of less than 1.5% over the benchmark 10-year Malaysian Government Securities yield, which is thinner than other Malaysian REITS (M-REIT) peers. This suggests that the potential from asset injection has been priced in.

The appeal of homes outside the city

Perhaps the biggest appeal of new developments in suburban areas is the price. Homes that are far from the city centre are much cheaper.

PROPERTY SNAPSHOT 4: What’s hot in Kajang?

The highest growth in capital values was among affordable apartments, led by Taman Kajang Utama (+34.3% y-o-y average transacted price) and Taman Cheras Prima (+32.6% y-o-y).

WCT sees better prospects in local contracts

WCT is benefiting from the weaker ringgit as the value of its Lusail project in Qatar has increased 14% to RM968 million on currency translation, lifting earnings contribution from this project.

Seri Kembangan: A rental market hotspot

Rental market supported by students from higher learning institutions in the area while low and medium-end properties offer low-entry point investment opportunities.