Pahang recorded the highest average occupancy rates of hotels in Malaysia at 73% for the first six months (1H) of this year.

The Ministry of Local Government Development (KPKT) will allocate RM50 million for green infrastructure made out of recyclable materials from Tetra Pak packaging, said its minister, Nga Kor Ming.

Noteworthy:

• Rented
• Built up size: 882 sq ft
• 2 bedrooms, 2 bathrooms
• Fully-furnished
• Nearby amenities: convenience stores, LalaPort, Pavilion KL, KLCC,LRT Hang Tuah, LRT Bukit Bintang, MRT Merdeka,
• Accessibility:  MEX highway, SUKE highway, Ampang-Kuala Lumpur Elevated Highway (AKLEH)

When: September 2023

AME Real Estate Investment Trust (AME REIT) reported a net income of RM8.72 million for the second quarter ended Sept 30, 2023 (2QFY2024) on the back of a net property income of RM10.78 million. It continued to maintain 100% occupancy rates across its industrial properties.

Tenaga Nasional Bhd (TNB) has collaborated with Chargeplus Sdn Bhd (Charge+) to explore a groundbreaking cross-border roaming platform to connect their customers to electric vehicle (EV) charging points across Malaysia and Singapore.

Home prices in Southern California, a region famed for its sunny weather and tourism, have been consistently rising, with nearly half of the homes listed for over US$1 million (RM4.67 million), reported Xinhua.

CGS-CIMB has a 'double overweight' recommendation on the construction sector, owing to its higher confidence in the government's policy continuity.

Expanding its portfolio of investment properties, Kanger International Bhd has acquired 15 units of the proposed serviced apartments in Tower A of Antara Genting Highlands Resort Suites for RM19.77 million.

Tan Sri Abdul Rashid Abdul Manaf has ceased to be a substantial shareholder of Eco World Development Group Bhd (EWGB), according to a filing with Bursa Malaysia.

Noteworthy:

• Leasehold
• Land size: 64,000 sq ft
• Agricultural land
• Accessibility: MRR2, Karak Highway, Genting Highway

When: July 2023