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Atrium REIT to acquire Shah Alam land for RM23 mil

Atrium REIT said it has entered into a sale and purchase agreement with Pacific BBA (Malaysia) Sdn Bhd for the freehold land, along with the office building and factories present on the tract.

Scientex wants more mortgage assistance in Budget 2017

“The existing approval criteria, margin of financing, and limited availability of loan providers may be prohibitive for many of these buyers, which prevent them from owning their first home or upgrading to a larger space.”

Better connectivity boosted property prices

With the push from key growth catalysts such as the Mass Rapid Transit (MRT) and big township developments, both landed and non-landed residential properties in major townships in the Klang Valley and Greater KL including Cheras, Kajang/Semenyih, Kota Damansara and Subang Jaya have all recorded compound annual growth rates (CAGR) of 10% and above.