Stable outlook seen for S P Setia
The company’s most recent launches, Phase A1 of Setia Safiro and Phase 1 of Setia Mayuri, were sold out during their launches this month.
Axis REIT's growth seen from Axis Mega DC, industrial assets
Axis REIT has a number of ongoing asset acquisitions at a total estimated value of RM200 million. They include two industrial facilities in Shah Alam (RM55.8 million), two industrial facilities in Nusajaya (RM55.8 million) as well as an industrial facility in Kota Kinabalu (RM60 million).
Gadang stands a good chance to secure ECRL contract
Gadang eyes securing more contracts from the revival of the East Coast Rail Link (ECRL) and Bandar Malaysia Projects.
Better profit seen for CMMT’s Sungei Wang on higher rental, store openings
The dividend yield for CMMT is also high relative to the sector. However, we believe CMMT would likely lag its peers until we see an improved contribution from The Mines and Sungei Wang Plaza.
IGB REIT 1H realised net income within expectations
We expect minimal capital expenditure of RM25 million-RM10 million for FY19-FY20 for minor refurbishment and upkeep of two malls. FY19 will see 23% and 44% of Mid Valley Megamall and The Gardens Mall’s net lettable area up for expiry respectively.
Increased landbank likely to boost Mah Sing's near-term sales
The land, 14km from Kuala Lumpur City Centre, has a wide catchment from established neighbourhoods of Kepong, Taman Selayang Jaya and Batu Caves. The land is also within walking distance from the Kepong Metropolitan Park, and near public transportation — it is 3.3km from the upcoming Metro Prima mass rapid transit 2 station, and 4km from the Taman Wahyu KTM station.
Property market seen to remain buyer's market in near term
While unsold completed properties remain escalated in 1Q19, we think that the property inventory may have a chance to ease going forward, banking on the house ownership campaign (HOC) programme.
Bright near-term prospects seen for Sime Darby Property
The group has lined up about RM1.7 billion worth of launches from May to December 2019, concentrating on landed residential properties within the affordable to medium price range (RM500,000 to RM700,000).
Property management: Ask the experts — Expenses and renovations
Pursuant to Subparagraph 27 (1) in the Third Schedule of the Strata Management (Maintenance and Management) Regulations 2015, a proprietor shall not carry out any renovation works to his or her parcel without obtaining prior written approval from the MC and where necessary, from the appropriate authorities.
Confidence returning
Will there be a marked decline in house prices around the corner? Those who are waiting for that to happen before they start buying — do they wait longer? Is now a good time to buy?
