The contraction in Sunway REIT’s NPI was attributed to higher reversal of doubtful debt provision recorded in 4QFY2022 and the impact of increased Imbalance Cost Pass-Through (ICPT) electricity charges across all segments.
On Monday (Jan 29), Avillion and 23 of its subsidiaries were listed among the 71 assets listed in the MACC’s charge sheet in charging Daim for failing to declare his assets to the anti-corruption body.
YNH had previously inked an agreement in November 2022 to sell the mall for RM270.
Bangsar Hill Park was launched in August 2020, and is expected to be fully completed over the next eight years from the date of the announcement of the RPT (Jan 29), with estimated costs of around RM1.
In a sector update on Friday, the research house said that if the government decides to proceed with the Johor Light Rail Transit (LRT) and Kuala Lumpur-Singapore High-Speed Rail (HSR) projects, it could boost demand for residential, commercial and industrial properties in Iskandar Malaysia in the coming years, leading to an increase in prices for strategically located parcels of land.
In a trading stocks note on Friday, the research house said that if a breakout above that level happens, the stock may trend upwards further towards 58 sen, followed by the next resistance point of 62 sen, which is also the 4-month high.
“Bangsar Hill Park has been intentionally designed as purely residential condominiums to complement the commercial aspect in this vicinity.
With a gross development value of RM202 million, Casa Embun Phase 2 comprises 505 units of serviced apartments ranging from 550 to 1,541 sq ft with two layouts of two rooms, one bathroom and three rooms, two bathrooms.
With a gross development value of RM523 million, the 4.
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