In Depth

Pavilion REIT’s first quarter of financial year 2019 (1QFY19) distributable income of RM72.2 million (+3.5% year-on-year [y-o-y]) came in within expectations at 25.6% and 26.5% of our full-year forecast and full-year consensus estimates respectively.

We expect the upcoming quarter core net income to be on par with the set of numbers in the previously corresponding period. We expect this to be supported by positive rental income growth from Sunway Pyramid.

Justice Nazlan said the three criminal breach of trust (CBT) charges faced by Najib are not defective as an offence of money laundering and CBT charge is found to be valid following a Court of Appeal decision where in a similar case, the accused is charged with money laundering and CBT. There is no ambiguity on the positions of Najib being prime minister, finance minister and advisor emeritus of SRC, he added.

Naim Bahagia Residences is one of the first stratified properties in Naim Bandar Baru Permyjaya, one of the largest townships in Miri, Sarawak being developed by Naim Group of Companies since 1995. It is home to more than 20% of Miri’s population today.

“In the past 20-over years, the building management team and ExxonMobil have been working very closely to manage the building and I am proud to say that Menara ExxonMobil is performing well in terms of occupancy and rental growth today despite the overall economic slowdown,” says KLCC Property Holdings CEO Datuk Hashim Wahir.

Back in the 1980s, it was also one of the few buildings in the city that has a rooftop helipad for emergency evacuations.

Homeowners of 13-year old Aman Sari 18 in Taman Bukit Kuchai, Puchong, Selangor, have seen their property prices more than double since they were handed over in 2006.

“We had a lot of challenges here at Verdi Eco-dominiums including rectifying defects. But we put in a lot of effort to solve them. We are happy that the residents appreciate what we have done and we will be working very closely with them to make this property a success,” says SCM general manager Paul Richard.

"We changed the plants and fertiliser — even the amount of water and timing of watering the plants. All these healthy plants and trees you see now are the result of all the hard work we put in,” SDB Properties Sdn Bhd post development manager Toh Keng Hong.

Although this regional mall is 24 years old, it has never stopped growing and evolving and seems to be a constant work in progress — introducing new tenants, attractions and facilities all the time.