WCT is expected to net RM107 million from the rights issue, which was issued at RM1 per share. By the same token, the exercise price for the new warrants is RM2.08 per share and could potentially raise a further RM500 million.

Given the sharp increase in the number of Malaysians now living in apartments and the popularity of gated communities, the authorities have introduced the Strata Management Act 2013 (SMA 2013), which came into effect on June 1

With retailers continuing to be spoilt for choice, developers of new and less prominent malls are offering attractive incentives, partnership and short-term tenancies to pop-up retailers to improve occupancy

Bukit Jalil is quite diverse in character

Meda last month announced that it was acquiring a 4.18-acre parcel in Jalan Satu, Chan Sow Lin, Kuala Lumpur, for RM180 million

CEO Datuk Tiong Kwing Hee says the company’s two maiden developments — one in Ipoh, Perak, and the other in Ulu Kelang, Selangor — are expected to contribute earnings of over rm180 million in the next 2½ years

One of the biggest upcoming projects is the 50-acre Bukit Jalil City integrated development, a joint venture between Ho Hup Construction Co Bhd and Malton Bhd

The economy is your friend, says Chong Teck Seng, because “people will still buy”

Demand from homebuyers and investors has raised property values in Subang Jaya significantly in recent years due to its abundant amenities, from schools to colleges, and hospitals to malls. Investors can look forward to more growth once the Kelana Jaya LRT extension line is completed.

Axis Real Estate Investment Trust (Axis REIT) revealed at its first half of 2015 briefing that lease renewals were going smoothly: For the 12.9% of net leasable area expiring in 2015, about 55% has been renewed at a positive average reversion rate of 7.8%.