Sime Darby Prop eyes up to 10% recurring income contribution
KUALA LUMPUR (Aug 29): Sime Darby Property Bhd (SDP) is targeting its recurring income segment to contribute up to 10% from its profit before interest and tax (PBIT) by 2022 or 2023 as part of the group’s strategic pillars to grow the recurring income, according to group chief financial officer Datuk Tong Poh Keow.
Sources: KL Mayor has been asked to resign
KUALA LUMPUR (August 28): Kuala Lumpur mayor Tan Sri Mohd Amin Nordin Abd Aziz has reportedly been asked to resign from his post, the tenure of which is supposed to end July 18 next year.
Paramount Property on track to meet RM1bn sales target
PETALING JAYA (Aug 24): Property developer Paramount Property Development Sdn Bhd is on track to meet its full year sales target of RM1 billion with its 1H2018 sales already hitting RM598 million, said Paramount Corp Bhd group CEO and director Jeffrey Chew at an analyst and fund manager’s briefing for Paramount Corporation’s 1H2018 financial results today.
DONE DEAL: Commercial bungalow, Jalan Maarof, KL
Rented for: RM68,000 per month Concluded by: Sean Inn of Propstar Realty 012-2876 600 (REN 18479) When: June 2018 Noteworthy: ● Total built-up of 26,270 sq ft ● Four floors including a roof floor ● Comes with basement car park ● Rental started in July 2018 ● Comes with an elevator According to Propstar Realty senior negotiator Sean Inn, who concluded the rental deal, the corner bungalow lot was recently rebuilt from scratch and completed in September last year.
DBKL wants illegal traders near apartments to clear out in 3 months
KUALA LUMPUR (Aug 23): Kuala Lumpur City Hall (DBKL) has laid down the law on up to 50 illegal traders near the Taman Jinjang Baru Apartments in Kepong – relocate in three months or their stalls will be torn down.
Intan Baiduri, Kepong, residents want shortcut closed
KUALA LUMPUR (Aug 23): Imagine your neighbourhood being clogged up by outsiders using it as a shortcut to their destinations.
Klang motorists worry about traffic safety near LRT work site, says report
KUALA LUMPUR (Aug 23): Klang residents are concerned about the road safety near a LRT construction site in their city.
Try Lonely Planet’s top Malaysian food experiences here (part 2)
We continue our list of recommended spots to find the 11 Malaysian foods included in the Lonely Planet Ultimate Eatlist of 500 food experiences.
Alternative entrance for Taman Metropolitan Kepong opens for public use
KUALA LUMPUR (Aug 17): The alternative entrance of Taman Metropolitan Kepong has officially opened for public use today.