Wrong land categorisation by developers one of the factors hampering strata title issuance
“This is why we want to propose that for future developments, certain prerequisites must be fulfilled before planning permission can be granted.
Analysts say Pavilion REIT's earnings may pick up in 2H, keep 'buy' calls
Net profit for the January-June period of RM150 million accounted for 44% of the consensus full-year estimate, though analysts expect earnings to catch up with forecasts on the back of higher tourist arrivals, year-end shopping season, and improved occupancy rates.
Pavilion REIT’s 2Q NPI up 18.8%, distributes 4.53 sen per unit
Pavilion REIT, whose share price has risen 14.
DONE DEAL: Serviced residence, United Point, Segambut, Kuala Lumpur
DONE DEAL: Bungalow, Enclave Bangsar, Bukit Bandaraya, Kuala Lumpur DONE DEAL: Condo, Verticas Residensi, Bukit Bintang, Kuala Lumpur Average transacted prices for non-landed residential properties around Segambut have remained fairly consistent since 2021.
Tropicana Corp and VitaHealth to organise Malaysia’s longest offline event
Offline 16 will encourage participants to spend 16 hours offline to take part in fun activities and workshops, with the ultimate goal of raising awareness of mental health.
Vestland to acquire office suites, warehouses for RM25 mil
Vestland intends to fund the proposed office acquisition via internally generated funds, while the proposed warehouse acquisition will be funded through a mix of internally generated funds and bank borrowings.
DONE DEAL: Condo, Verticas Residensi, Bukit Bintang, Kuala Lumpur
DONE DEAL: Bungalow, Enclave Bangsar, Bukit Bandaraya, Kuala Lumpur DONE DEAL: Condo, Verticas Residensi, Bukit Bintang, Kuala Lumpur Already one of the most developed neighbourhoods in Kuala Lumpur, Bukit Bintang will see a further 15.
Minetech bags RM4.05m contract for road, drainage works in Banting Industrial City
The contract, which was awarded by VED Engineers Sdn Bhd to the group's wholly-owned subsidiary Minetech Construction Sdn Bhd, commenced on June 28, 2024 and is slated for completion within three months, Minetech said in a bourse filing on Friday.
REITs not great alternative to cash, says Kenanga
The retail REIT sector is facing challenges from the recent increase in the sales and service tax (SST) to 8%, weak consumer spending, sustained elevated inflation, and fuel subsidy rationalisation.
DONE DEAL: Condo, Verticas Residensi, Bukit Bintang, Kuala Lumpur
DONE DEAL: Semidee, Bukit Damansara, Kuala Lumpur DONE DEAL: Condo, Verticas Residensi, Bukit Bintang, Kuala Lumpur Since 2023, average transacted prices for non-landed properties around Bukit Bintang and Bukit Ceylon have increased by 40.
