SkyWorld Development Bhd is committed to achieving a return on equity (ROE) of over 20% for its shareholders going forward.

Noteworthy:

• Freehold
• Built-up size: 2,300 sq ft
• Land size: 1,650 sq ft
• 4 bedrooms, 3 bathrooms
• Semi-furnished
• Nearby amenities: F&B outlets, convenience stores, MyTown Shopping Center, Sunway Velocity,  LRT Bandar Tun Razak, LRT Bandar Tasik Selatan, LRT Cheras
• Accessibility :EKVE highway, NPE highway

May 2023

Noteworthy:

• Freehold
• Built-up size: 1,782 sq ft
• 4 bedrooms, 5 bathrooms
• Unfurnished
• Nearby amenities: Convenience stores, schools, Mid Valley Megamall, The Gardens Mall, LRT Sri Petaling, LRT Bukit Jalil
• Accessibility: Kesas highway, NPE highway

When: March 2023

Loan applications for property purchases rose by 23% month-on-month (m-o-m) in May after a decline of 23% m-o-m in April. 

The 21.41-acre commercial hub will have a gross development value of RM300 million.

The asset comprises a 22-storey purpose-built office building together with the annexed six-storey Telekom Exchange and five level of basement car park, located at Jalan Raja Muda Abdul Aziz.

The group said that via its wholly-owned unit Vestland Resources Sdn Bhd, it has secured the contract from its recurring customer Mercu Majuniaga Sdn Bhd.

Both firms entered into a subscription and shareholders agreement to establish a 50:50 special purpose vehicle (SPV) named Exio Logistics Sdn Bhd.

Located at Bukit Kepayan, the RM79.2 million Cahaya Kristal spreads across 1.6-acre of leasehold land.

The recent hike in conveyancing legal fees after the newly enacted Solicitors' Remuneration (Amendment) Order 2023 was gazetted is untimely, amid the rising cost of living, said the Malaysia Competition Commission (MyCC).