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Hike in interest rates will weaken consumer spending, affect REIT sector, says AmInvestment
In a sector update on Friday (May 13), the research house said that its in-house economist predicted another hike in overnight policy rate (OPR) by 25 basis points (bps) in July this year.
UOA Group launches Komune Living & Wellness
In a press statement on Wednesday, general manager Mark Chen shared that the purpose of Komune Living & Wellness is to create a safe and engaging environment for the seniors.
Kidzania KL owner to construct and operate new ESCAPE theme park in Perak
In a bourse filing dated May 11 on Singapore's stock exchange, Sim Leisure said it has entered into a theme park agreement in relation to the project management of the construction and the operation and maintenance of an environmentally sustainable ESCAPE theme park in Jalan Tanjung Tualang Batu Gajah, Perak.
Kein Hing to construct RM5m factory in Vietnam as part of future expansion plans
Kein Hing’s wholly-owned subsidiary Kein Hing Thai Nguyen (Vietnam) Co Ltd (KHTV), has awarded the job to the contractor for the proposed construction of the factory on a piece of industrial land located at Diem Thuy Industrial Park, Phuc Binh District, in Vietnam.
Tropicana Corp delivers vacant possession for Triana shopoffices in Tropicana Aman
The 18.4-acre commercial hub features two- and three-storey shopoffices with prime visibility and versatile open-concept layouts for flexible business arrangements under the new norm, with VP undertaken for 54% of its shopoffices.
Sentral REIT 1Q NPI declines 2.9% to RM30.51m
Earnings per unit fell to 1.90 sen from 1.93 sen previously, its Bursa Malaysia filing showed on Thursday (May 12).
Mah Sing’s M Senyum Phase 1 in Sepang fully taken up
Homes in both phases have built-ups ranging from 1,555 to 1,761 sq ft with four bedrooms and three bathrooms, and the units are priced starting from RM450,000.
DONE DEAL: Single-storey semidee house at SS14, Subang Jaya, Selangor
Noteworthy:
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Freehold
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Built-up: 2,200 sq ft
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Land size: 3,692 sq ft
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Unfurnished
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Four bedrooms, two bathrooms
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Amenities: Shopping malls such as Sunway Pyramid, SS15 Courtyard, Citta Mall, Subang Parade and Empire Subang, tertiary educational institutions, wet market, shoplots with convenience stores and eateries nearby, Sunway Medical Centre and Subang Jaya Medical Centre
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Accessibility: KESAS (Shah Alam Expressway), Federal Highway, NKVE (New Klang Valley Expressway), LDP (Damansara-Puchong Highway) and NPE (New Pantai Expressway), plus SS15 LRT Station
When: March 2022
The Makeover Guys partners HOOGA, opens home-styling store in prime mall
Property solutions company, The Makeover Guys (TMG) has collaborated with modern-home-decor brand HOOGA to introduce new styles and themes into home aesthetics.