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News About Shah Alam

Singapore buyers not responsible for rise in Johor property prices, says economist

By Mar 20

KUALA LUMPUR (March 20): An article written by a political economist and published in Channel NewsAsia has called on Malaysians not to blame Singaporeans for pushing up property prices and the cost of goods in Johor.

A year of harvest for MKH

By Tan Xue Ying Mar 12

KUALA LUMPUR (March 12): Property developer MKH Bhd, whose principal business includes oil palm plantation, is confident of achieving a five-year record high in its fresh fruit bunch (FFB) production yield.

JLL Malaysia: Fortunes diverge for Greater KL office segments in 2018

By Shawn Ng Mar 07

KUALA LUMPUR (March 7): The KL central business district (CBD), KL fringe and decentralised areas within the Greater Kuala Lumpur office market are expected to perform differently this year, as various factors drive demand for certain locations more than others, according to JLL Property Services (Malaysia) Sdn Bhd international real estate agent James Short.

DONE DEAL: Industrial factory, Seksyen 34, Shah Alam

By Natalie Khoo Mar 01

Rented for: RM28,000 a month

Kerjaya Prospek says property market will be soft but sustainable in 2018

By Chester Tay Feb 12

KUALA LUMPUR (Feb 12): Kerjaya Prospek Group Bhd expects the local property market will continue to remain soft, but it remains sustainable this year, says its executive chairman Datuk Tee Eng Ho.

DONE DEAL: Two-storey industrial factory, Kota Kemuning

By Natalie Khoo Feb 08

Sold for: RM2.46 million

Sunway REIT capex seen at RM60m to RM100m

By Kenanga Research Feb 08

Maintain outperform with a higher target price (TP) of RM1.90: First half 2018 (1H18) realised net income (RNI) of RM148.8 million came in within expectations, making up 53% and 51% of consensus and our estimates, respectively. Second quarter 2018 (2Q18) gross dividend per unit (GDPU) of 2.38 sen includes a non-taxable portion of 0.38 sen, bringing 1H18 GDPU to 5.05 sen which is also within our expectation at 51% of financial year 2018 (FY18) GDPU of 10 sen.