KUALA LUMPUR (March 16): Sunway Real Estate Investment Trust (KL:SUNREIT) is establishing a sustainability-linked commercial papers (SLCPs) programme of up to RM3 billion in nominal value.
PETALING JAYA (March 9): Heng Guan Development (HGD) has broken ground on the Balik Pulau Commercial Centre (BPCC), a boutique commercial development comprising 13 two-storey shop offices with built-ups ranging from 2,800 to 3,802 sq ft.
PETALING JAYA (Feb 21): Yong Tai Bhd is issuing 1.
PUTRAJAYA (Feb 12): In a landmark judgement last week involving a property development project in Penang, the Court of Appeal (COA) ruled that for mixed developments, a single joint management body (JMB) should operate, and there should not be different managements for commercial and residential properties in the running of maintenance and management of the development.
Retail-focused IGB REIT reported a 9.
The commercial segment, via IGB Commercial REIT, saw revenue expand 14.
The legislation, also known as Act 118, currently does not cover commercial projects such as shop lots and offices, while only regulating residential projects by requiring developers to obtain licences with strict conditions, said Housing and Local Government Minister Nga Kor Ming.
The subsidiaries, which Chin Hin acquired between 2004 and 2015 for a total cost of investment amounting to RM64.
Developed by Tan & Tan Developments Berhad, is the final phase of shop offices in Kundang Jaya offering only 38 units of freehold, 2-storey shop offices designed for high visibility and growth in a rising catchment.
They specifically highlighted the proposed 8% tax on commercial rental and leasing services, deeming its timing "gravely misguided".
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