In Depth stories

Gadang eyes securing more contracts from the revival of the East Coast Rail Link (ECRL) and Bandar Malaysia Projects.

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.

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.

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.

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.

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).

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.

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?

When you can’t afford to buy a property on your own, sharing with someone else could be a good idea but do you know the risks involved in joint ownership? Indeed, joint ownerships could lead to nightmares in the unforeseen future, especially when relationships turn sour.