UOA REIT 4Q rental income falls 40% to RM8.98m
KUALA LUMPUR (Jan 25): UOA Real Estate Investment Trust's net rental income for the fourth quarter ended Dec 31, 2017 (4QFY17) fell 39.
UOA Development ups stake in property developer firm for RM159.5m
KUALA LUMPUR (Dec 5): UOA Development Bhd is buying a further 35% stake in Everise Project Sdn Bhd from Kaginic Assets Holdings Sdn Bhd for RM159.
UOA Development 3Q net profit down 18% on higher expenses
KUALA LUMPUR (Nov 21): UOA Development Bhd's net profit for its third quarter ended Sept 30, 2017 (3QFY17) dropped 18.
DONE DEAL: Desa Green serviced apartment, Taman Desa, Kuala Lumpur
Sold for: RM555,000 (RM594 psf) Concluded by: Wong Hor Yan (REN 18777) of 1TPE Realty Sdn Bhd (016-324 8307) When: June 2017 Noteworthy: ● Freehold ● Built-up area: 935 sq ft ● 3-bedroom and 2-bathroom unit ● Low floor unit ● One car park ● Partly furnished and minor renovated ● Facilities: children’s playground, wading pool, gymnasium, leisure pool, main lap pool, multi-purpose hall, open terrace and sauna Located at Jalan Desa Bakti at Taman Desa, Desa Green serviced apartments is a high-rise development by UOA Group.
UOA Development 2Q net profit up 33.34% to RM165.65 mil
KUALA LUMPUR (Aug 23): UOA Development Bhd net profit for the second quarter ended June 30, 2017 rose 33.
UOA REIT 2Q rental income slides 15%, declares 2.06 sen DPU
KUALA LUMPUR (July 21): UOA Real Estate Investment Trust (REIT)'s second quarter ended June 30, 2017 (2QFY17) net rental income fell 15% to RM14.
DONE DEAL: Desa Green serviced apartment, Taman Desa, Kuala Lumpur
Sold for: RM420,000 (RM726psf) Concluded by: Tommy Koay (REN 07708) of Concept Property and Valuation (013-386 8108) When: February 2017 Noteworthy: ● Freehold ● Built-up area: 578 sq ft ● Developed by UOA Development Bhd ● Completed in July last year ● One bedroom and one bathroom ● Bare unit ● Comes with one car park ● Maintenance fee: 25 sens psf According to the agent, Tommy Koay of Concept Property and Valuation Sdn Bhd, the seller was an investor who bought several units at Desa Green when it was first launched and is now selling them.
UOA Development’s Bangsar South expansion a promising move
UOA Development Bhd (May 26, RM2.
UOA buys land near Bangsar South for RM81 mil
KUALA LUMPUR (May 26): UOA Development Bhd has purchased a freehold piece of land for RM81.
UOA REIT records lower rental income in 1QFY17
KUALA LUMPUR (May 24): UOA Real Estate Investment Trust (REIT)'s first quarter ended March 31, 2017 (1QFY17) net rental income declined by 14% to RM14.
