On its prospect moving forward, MQREIT said 28% of its total net lettable area is due for renewal in 2018 with 16% of these leases due in the first quarter of the financial year.

GST accounts for 2% to 4% of property development cost, says Rehda.

The buyer is CHHT executive director and shareholder Ricky Yip Chun Mun.

KLCCP Stapled Group said the improved quarterly results reflected the full occupancy of Menara ExxonMobil compared with 1QFY17. 

Meda said it will make further announcements in relation to the progress of the legal proceedings accordingly.

MRL is the project owner of the 688km ECRL connecting Port Klang with Pengkalan Kubor in Kelantan.

“We have calculated that the cost of GST is 3% of our sales price. Therefore we are reducing our sales prices at Hillcrest Heights by the same amount, that is, 3%,” said Hillcrest Gardens executive director Frank Goon.

Aspen said it has four ongoing projects that achieved remarkable sales during the quarter.

Less than half of the land sold were intended for RUMAWIP. 

The improvement was largely due to a turnaround in its 25%-associate OM Materials (Sarawak) Sdn Bhd.