Sentral REIT's 1Q net property income rises 30% but finance costs weigh
Sentral REIT, which has 53% of its portfolio by valuation located in KL Sentral here, also has exposure in Cyberjaya (13% of portfolio) and Penang (6%).
Defects in the common area: Owners of Sabah condo win 10-year repair dispute
Justice Ismail Brahim also ordered for a Joint Management Committee (JMC) to be set up with the owners of the condo “whereby two owners are nominated by the Protem Committee to be members of the JMC to manage all the affairs of the buildings, including the common property, the service fees fund and the sinking fund accounts”.
Hartamas celebrates growth and achievements at awards event
Having evolved from concentrating on the sub-sale market with “a small team” in 1996, Hartamas now offers “a full range of real estate services, including property management, valuation, academy services, workspace interior design, and architecture”.
IJM Land’s Daffodil Residency achieves 55% take-up rate
Daffodil Residency will spread across 7.
GCH Retail says Giant Batu Caves tenancy dispute with landlord still being decided by courts
The hypermarket operator said it has appealed against a court order to surrender the 180,000 sq ft premises, following a summary judgement obtained by its landlord Crystal Promenade Sdn Bhd.
DONE DEAL: Shoplot, Alam Damai, Kuala Lumpur
DONE DEAL: Terrace house, Taman Kajang Mulia, Kajang, Selangor DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur Prices for commercial properties in Alam Damai have seen steady growth, with average transacted prices doubling from RM1 million in 2021, to RM1.
PHB to independently manage AHB funds, aims to quadruple fund size to RM20b
“PHBAM’s primary objective aligns closely with PHB’s mandate of increasing the capacity and wealth of Bumiputera through commercial real estate ownership.
Sime Darby Plantation to co-develop Kerian Integrated Green Industrial Park with PNB
The solar farms for KIGIP will be owned and operated by SDP, as renewable energy has been identified as a key strategic pillar and revenue source for the group.
EPF initiates legal action against Ireka unit over unpaid contributions
"IDTSB is currently negotiating a settlement plan with EPF to resolve the amount claimed under the writ," it said.
TF Value-Mart sues GCH Retail to get it to vacate Giant Batu Caves premises
TF Value-Mart said it has, between 2016 and 2021, taken over the premises of nine hypermarket stores from GCH Retail when its leases were not renewed by the DFI Retail Group, which sold GCH Retail to Macrovalue Sdn Bhd in 2023.
