PropNex leader shares tips to invest in Cheras commercial properties
Shoplots in Cheras are favoured by investors for its proximity to the city centre, but with prices about three times cheaper, says Steven Tung.
Shoplots in Cheras are favoured by investors for its proximity to the city centre, but with prices about three times cheaper, says Steven Tung.
The central bank anticipates global growth to be sustained by positive labour market conditions, moderating inflation, and less restrictive monetary policies, with global trade to remain supported by the ongoing tech upcycle, although it flagged risks from uncertainties surrounding tariffs, major economies' policies, and geopolitical developments.
This came after Singapore initiated an investigation on whether servers from US firms Dell and Supermicro containing the chips used in artificial intelligence (AI) applications ended up in unknown final destinations after being first shipped to Singapore-based companies and then exported to Malaysia.
Cross-border capital flows also rose by 12% to US$171 billion, underscoring the international appetite for real estate.
Through Medini Innopolis, IIB is positioning Medini as a future-ready city that integrates innovation, sustainability, and economic prosperity.
According to RHB, the sector recorded a high amount of RM159 billion of work done in CY2024, a 20% year-on-year increase.
The policy aims to ensure consistent, accurate, and transparent valuations that comply with professional standards.
"To resolve this, we have devised a plan to determine which assets LTAT should retain a larger direct shareholding in and which should remain under Boustead’s management.
The company is seeking its shareholders’ approval for the proposed business diversification, as the property development is expected to contribute at least 25% to its net profits and net assets in the future.
Under the contract, EPB is to provide traffic management plan and control services for sections one and two of the Kuala Lumpur-Karak Highway for four years, starting Monday until March 2, 2029.