Sentral REIT's net property income flat in 4Q, up 20.4% for full year
Sentral REIT (KL:SENTRAL) ended the final financial quarter with a flat net property income (NPI), as revenue gains were offset by operating expenses for Menara CelcomDigi.
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AME REIT sees slight increase in 3Q net property income, to pay 1.89 sen per unit
AME Real Estate Investment Trust (KL:AMEREIT) reported a 1.4% increase in net property income (NPI) for the third financial quarter, thanks to contributions from a newly-acquired property and tenancy renewals at higher rates.
DONE DEAL: Condo unit, Ara Hill, Ara Damansara, Selangor
Noteworthy:
- Freehold
- Built-up size: 1,948 sq ft
- Floor level: high
- 4 bedrooms, 5 bathrooms
- Semi-furnished
- Nearby amenities: Tropicana Golf & Country Resort, LRT Lembah Subang, Subang SkyPark, Thomson Hospital Kota Damansara, Asia Pacific Schools, Tropicana Gardens Mall
- Accessibility: NKVE, Jalan Lapangan Terbang Subang, DASH, LDP, SPRINT Damansara Link
When: December 2024
JLL Malaysia: Risk of overbuilding as market sentiment improves
The risk of overbuilding of residential properties would become more apparent in the coming years, particularly in high-growth cities, according to JLL Properties Services (Malaysia) Sdn Bhd (JLL Malaysia).
Sime Darby Property’s Arina single-storey homes in Bandar Ainsdale fully taken up within hours of launch
Arina, Sime Darby Property Bhd’s (KL:SIMEPROP) first single-storey linked homes in Bandar Ainsdale, achieved full take-up of all 118 units within hours of its launch on Saturday, Jan 18.
BNM keeps OPR steady, takes comfort in sustained growth
Bank Negara Malaysia (BNM) on Wednesday kept the benchmark interest rate unchanged as widely expected, comfortable with its outlook for sustained economic growth and manageable inflation.
KTI Landmark explores affordable housing project in Kota Kinabalu
ACE Market-listed KTI Landmark Bhd (KL:KTI) is exploring a potential affordable housing project in Kota Kinabalu, Sabah, to be jointly developed with a state government agency.
Gamuda Land’s leisure and hospitality arm ushers in Lunar New Year with Bloom Boom Pow campaign
Gamuda Land’s leisure and hospitality arm, GL Play, began a new year of fun and prosperity with the Bloom Boom Pow campaign, recently held at Gamuda Luge Gardens here.
Taghill bags RM58 mil commercial complex construction job
Taghill Holdings Bhd’s (KL:TAGHILL) said it has secured a RM58 million contract for construction work on an 18-storey commercial complex in Ipoh.
Data centre-linked stocks, AI proxies rebound amid expectations of Trump’s gradual tariff implementation
Data centre-related stocks and proxies to artificial intelligence (AI) on Bursa Malaysia rebounded on Tuesday, driven by expectations of gradual approach to tariff policies by the new Donald Trump’s US administration.
