News about M

Real estate investment trust sector Maintain neutral: Recently, we met up with management of several real estate investment trust (REIT) companies under our coverage and they reiterated their cautious view on the overall operating environment amid subdued consumer sentiment.

Construction sector Maintain “overweight”: A local business daily reported that the Kuala Lumpur high speed rail (HSR) project will commence operations in 2027 from its initial target of 2020.

VISHAL J Singh, the man behind boutique design practice, Solar Design Services, is a great fan of simplicity and clarity in design.

KUALA LUMPUR (April 22): UEM Sunrise Bhd will launch Melia Residences, the first freehold landed strata residential development in Gerbang Nusajaya, Iskandar Malaysia, this Saturday with selling prices from RM596,000 to RM1.

KUALA LUMPUR (April 21): UEM Sunrise Bhd has proposed a RM2 billion Islamic commercial papers (ICP) programme and Islamic medium-term notes (ICP/IMTN-2) programme, with a sub limit of RM500 million for the ICP.

•    Today, we look at price growth and indicative asking rental yields for non-landed homes in Setapak, Kuala Lumpur.

KUALA LUMPUR (April 20): Hektar Real Estate Investment Trust (REIT) founder and chief executive officer (CEO) Datuk Jaafar Abdul Hamid will be resigning as the CEO of its management company Hektar Asset Management Sdn Bhd (HAM) on May 1.

•     Today, we continue our focus on Setapak by looking at average prices on a per square foot (psf) basis.

•     Setapak has an abundance of high-rise residences, most of which are priced to target the middle class.

FROM a real estate investor to becoming a leader in development companies and now an author of a first-of-its-kind real estate book, Dr James Tee (pictured) attributes his journey in the industry to his sense of curiosity.