CMMT sees rental pressure remaining in near term
KUALA LUMPUR (Jan 25): The downward pressure on rental in shopping malls will remain in the near term as more shopping space comes into the market, according to Low Peck Chen (pictured), the chief executive officer (CEO) of Capitaland Malaysia Mall REIT Management Sdn Bhd (CMRM), the manager of Capitaland Malaysia Mall Trust (CMMT).
Tropicana sees stronger revenue in 3Q, pays 2.5 sen dividend
KUALA LUMPUR (Nov 25): Tropicana Corp Bhd saw a 46% rise in its top line for the third quarter ended Sept 30, 2016, mainly fuelled by higher revenue recognition across key projects in the Klang Valley and northern region.
Property development in 100 years’ time
IN the 19th century, French artist Jean-Marc Côté and other artists produced a series of futuristic artworks called “En L’An 2000” or “In The Year 2000” that depicted scientific advances imagined as achieved by the year 2000.
First phase of Lumi Tropicana sees 75% take-up
THE first phase of Thriven Global Bhd’s Lumi Tropicana, along Persiaran Tropicana in Petaling Jaya, has achieved a take-up of 75% since its official launch on Oct 15.
Lumi Tropicana's Phase One sees 75% take-up rate
PETALING JAYA (Oct 22): The first phase of Thriven Global Bhd’s Lumi Tropicana has achieved a take-up rate of 75% since its launch on Oct 15.
CMMT's 3Q DPU up 2.4% on higher net property income
KUALA LUMPUR (Oct 20): CapitaLand Malaysia Mall Trust (CMMT)’s third quarter ended Sept 30, 2016 (3QFY16) saw its distributable income rise 3.
Kota Damansara non-landed housing market gains momentum
LOCATED adjacent to Petaling Jaya’s Mutiara Damansara and Tropicana, and nearby Sungai Buloh, lies the 4,000-acre township of Kota Damansara.
