PETALING JAYA (July 9): All 50 units of Ramah Pavilion condominium in Teluk Kumbar, Penang island, under the developer’s rent-to-own (RTO) scheme were taken up by interested buyers within two months after the scheme was introduced in mid-April.
KUALA LUMPUR (July 7): The Canada Pension Plan Investment Board (CPPIB) is negotiating with Malton Bhd on the purchase of a 49% stake in Pavilion Bukit Jalil mall, The Edge weekly reported in its July 9, 2018 issue.
KUALA LUMPUR (June 29): It is time to take legal action now that the items seized from homes linked to former Prime Minister Datuk Seri Najib Tun Razak have already been valued by the authorities, said Home Minister Tan Sri Muhyiddin Yassin yesterday.
TL Corp Bhd (May 14, RM1.
Pavilion Real Estate Investment Trust (April 27, RM1.
KUALA LUMPUR (April 26): Pavilion Real Estate Investment Trust (Pavilion REIT)’s net property income (NPI) rose 13% to RM89 million in the first quarter ended March 31, 2018, from RM78.
Pavilion Real Estate Investment Trust (April 2, RM1.
KUALA LUMPUR (March 30): The Malaysian REIT Managers Association (MRMA) has re-elected Datuk Jeffrey Ng as chairman.
Rented for: RM3,000 per month (RM4 psf per month) Concluded by: Meifen Low (REN 06451) of Huttons OneWorld Realty (012-6530714) When: February 2018 Noteworthy: ● 750 sq ft ● High floor ● 2 bedrooms and 2 bathrooms ● Fully furnished ● Managed by Swiss Garden International Hotel ● Located in Kuala Lumpur’s Golden Triangle, within walking distance to Pavilion, Starhill Gallery and many other malls According to Meifen Low, the negotiator who closed the deal, the owner is an investor from East Malaysia who bought the unit many years ago.
KUALA LUMPUR (March 21): Share prices of Malaysian Real Estate Investment Trusts (REITs) fell this morning amid a positive market breadth, as cautious investors trimmed positions in a rising interest rate environment.
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