Office assets seen to sustain KLCCP Stapled Group profit
KLCCP Stapled Group (Jan 25, RM7.
KLCCP may re-evaluate Kompleks Dayabumi Phase 3 project
KUALA LUMPUR (Jan 24): KLCCP Stapled Group may re-evaluate the development components of Kompleks Dayabumi Phase 3 if the group does not manage to secure an anchor tenant.
Niche office, prime mall segments to remain resilient in the long term
REIT sector Maintain market weight: The sector’s core net earnings (excluding fair value gains) in the second quarter of financial year 2017 (2QFY17) improved by 7.
DONE DEAL: Studio unit in Marc Residence, Jalan Pinang, KLCC
Sold for: RM850,000 (RM1,797 psf) Concluded by: Chris Lee (REN 11554) of Prestige Realty Sdn Bhd (010-899 8303) When: March 2017 Noteworthy: ● Freehold ● 473 sq ft ● Partly furnished ● High-floor unit with open view ● Concierge service and facilities such as two swimming pools, wading pool, library, launderette, convenience store, tennis court ● Walking distance to KLCC Park and Suria KLCC Located along Jalan Pinang in Kuala Lumpur city centre, Marc Residence is a high-end condominium development by Beverly Tower Development Sdn Bhd.
Suria KLCC expects to keep occupancy rate at 96%
KUALA LUMPUR (April 7): KLCCP Stapled Group is currently in the midst of negotiating with a potential tenant to take up 40% of Menara Exxon-Mobil which is vacant.
DONE DEAL: Park Seven condominium, KLCC
Sold for: RM2,450,000 (RM875 psf) Concluded by: Daniel Wong (REN 01967) of Sang Associates (013-3868108) When: August 2016 Noteworthy: ● Freehold ● 2,800 sq ft ● Developed by Selangor Dredging Bhd ● Completed in March 2008 ● 7 blocks of 20 storeys ● 105 units in each block ● Private lift and private lobby ● Unit has a view of Royal Selangor Golf Club and the greenery of Jalan Stonor ● Two car parks ● Maintenance fee is 48 sen psf According to the agent, Daniel Wong of Sang Associates, the selling price of this unit was slightly below market price owing to the slow market.
Sunway REIT among top beneficiaries of Pokémon GO, says UOB Kay Hian
KUALA LUMPUR (Aug 16): As a result of the release of the Pokémon GO in Malaysia, retail real estate investment trusts (REITs) are expected to remain market outperformers, with Sunway REIT seen as providing the best upside, according to UOB Kay Hian research.
Le Creuset
Concept Le Creuset’s rainbow-coloured shop at the lower-ground level of Mid Valley Megamall is not easy to miss, even when the mall is bustling with people.
