KL office occupancy rates may fall further
KUALA LUMPUR (Nov 1): The occupancy rate of offices in Kuala Lumpur city has fallen to 83% from nearly 90% in 2H2015.
DONE DEAL: Shopoffice at Bandar Sri Pinang, Jelutong, Penang
Rented for: RM2,100 a month Concluded by: Mayzel Wong (REN 17359) (017-575 8999) of Khoo & Associates Realty When: Oct 15, 2016 Noteworthy: ● Leasehold ● Second floor of a 3-storey shopoffice, ● 1,800 sq ft ● Has a seaview ● Covered carpark ● Nearby amenities include F&B outlets, banks, mini market and auto mall ● About 5km away from George Town, 13km away from Penang International airport in Bayan Lepas and 6km to the Penang Bridge The unit is located at Persiaran Karpal Singh, also known as Karpal Singh Drive, a seaside promenade in Bandar Sri Pinang, Jelutong Penang.
Parkway Life REIT’s 3Q DPU falls 8.8% to 3.06 cents on absence of one-off gain
SINGAPORE (Oct 27): Parkway Life REIT (PLife REIT) has declared a distribution per unit (DPU) of 3.
Phase 1A of Impression City rakes in RM461 mil in sales
MELAKA (Oct 26): Tourism and cultural property developer Yong Tai Bhd has recorded en-bloc sales of RM461 million from Phase 1A of mixed-use development Impression City here.
CapitaLand Retail China Trust’s 3Q DPU falls 10.6% to 2.36 cents on forex losses
SINGAPORE (Oct 25): CapitaLand Retail China Trust (CRCT) posted a 10.
GuocoLand posts 95% fall in 1Q earnings to S$25.6 mil
SINGAPORE (Oct 24): Developer GuocoLand saw 1Q earnings fall 95% to S$25.
Axis REIT's 3Q NPI falls 3% on higher opex
KUALA LUMPUR (Oct 24): Axis Real Estate Investment Trust (REIT) saw its net property income (NPI) fall 3% to RM35.
It gets even smaller in Hong Kong
HONG KONG (Oct 21): Call them shoebox or matchbox, super crowded Hong Kong is notorious for hosting very tiny apartments.
IOI Properties to undertake RM20 mil interchange expansion at Bandar Puteri Puchong
PETALING JAYA (Oct 20): IOI Properties Group Bhd will be carrying out the expansion and upgrading of the Bandar Puteri Puchong interchange to improve traffic flow at the township.
Rejuvenating the Katong-Joo Chiat precinct
THE stretch of Singapore’s East Coast Road flanked by Mountbatten Road on one side and Joo Chiat Road on the other has seen a huge transformation in recent years.
