The one-and-a-half-month renovation work involved painting, fixing and replacing new roofing, providing a well-equipped toilet and installing a septic tank with underground piping, repairing external timber walls and replacing them with cement sand board, installing precast concrete drain and chain link fencing with gate.

Property developer Tropicana Corp Bhd plans to raise up to RM239.38 million via the placement of up to 10% of its total issued shares to independent third party investor(s) on a date to be announced later. The proceeds will be used for its new and existing property developments and to repay bank borrowings.

Better earnings for the quarter were attributed to lower expected credit losses on loans, financing and advances as well as other impairments, which were down by 59% from RM249 million in 3QFY2021 to RM103.4 million in 3QFY2022.

Berjaya Land Bhd (BLand) returned to the black in the first quarter ended Sept 30, 2022 (1QFY2023), posting a net profit of RM8.45 million versus a net loss of RM74.3 million in the same period a year ago.

YTL Hospitality Real Estate Investment Trust (YTL Hospitality REIT)’s income available for distribution for the quarter ended Sept 30, 2022 (1QFY23) increased 72.74% year-on-year to RM30.95 million, despite the REIT recording net property income that was at the same level as the corresponding quarter in FY2022.

Property developer and hospitality group Tropicana Corp Bhd remained in the red in the third quarter ended Sept 30, 2022 (3QFY2022), recording a net loss of RM26.27 million despite its revenue surging 88.7% to RM321.64 million.

Condos, apartments, serviced residences – these are becoming popular choices for urbanites, but many are not equipped with the basic knowledge of being a strata property owner.

Daripada enam jenis-jenis tuntutan lazim dalam Tribunal Pengurusan Strata (TPS), 80% adalah berkaitan dengan kutipan atau bayaran, termasuk caj penyenggaraan dan caruman; hutang dan faedah; dan syer unit.

Of the six common types of claims in the Strata Management Tribunal (SMT), 80% are related to collection or payment of fees, including maintenance charges and contributions, debts and interests, and unit shares.

Gather Properties Sdn Bhd is excited about working with EdgeProp after signing a collaboration deal as the former feels the portal can be a big boost to its presence in the real estate segment.