News about Sunway

MALAYSIAN real estate investment trusts (M-REITs) may soon be allowed to put as much as 15% of their total assets into development projects and vacant land for development and are already positioning themselves for the liberalisation that is slated for the end of the year, industry sources say.

KUALA LUMPUR (June 20): Sunway Real Estate Investment Trust (REIT) has bought a tract of land measuring 143,225 sq ft (13,306 sq m) adjacent to its Sunway Carnival Shopping Mall in mainland Penang from its parent Sunway Bhd, for RM17.

KUALA LUMPUR (June 17): Sunway Bhd expects to sustain its performance for the current financial year ending Dec 31, 2016 (FY16) despite challenges faced by the property and construction sectors.

•    Today, we look at price growth and indicative rental yields for non-landed homes in Tropicana/Sunway Damansara.

•    Today, we continue our focus on Tropicana and Sunway Damansara by looking at average prices on a per square foot (psf) basis.

KUALA LUMPUR (June 14): Sunway Bhd’s subsidiary Sunway City (Ipoh) Sdn Bhd plans to dispute a notice from the Perak state secretary requesting it to return an undeveloped portion of land to the Perak government.

•    Properties in Tropicana and Sunway Damansara fall primarily in the upper-middle segment.

•    This week, the spotlight falls on the secondary market of non-landed residences in Tropicana and Sunway Damansara in Selangor.

•    Today, we look at price growth and indicative rental yields for non-landed homes in Kota Damansara.

•     Today, we continue our focus on Kota Damansara by looking at average prices on a per square foot (psf) basis.