PROPERTY SNAPSHOT 2: What’s affordable in Jalan Ipoh?
• Flanked mainly by old shop houses, Jalan Ipoh is reminiscent of bygone days.
KLCCPSG’s FY15 core net profit of RM746.1 mil above consensus forecast
KLCC Property Stapled Group (Jan 22, RM7) Maintain hold with a target price of RM7.
MREITs may acquire more assets this year
MALAYSIAN real estate investment trusts (MREITs) may step up acquisitions this year as the rental reversion cycle peaked in 2014, which helps with asset valuations said Malaysian REIT Managers Association chairman Datuk Stewart LaBrooy (pictured).
Third block of Maple Residences 40% sold
PETALING JAYA (Nov 16): Block C of Maple Residences serviced apartments in Bandar Bestari Klang, Selangor, by KSL Holdings Bhd is 40% sold since it was launched on Nov 1, said project director Patrick Khoo.
KLCCP Stapled 3Q’s distributable income slips 2.3%
KUALA LUMPUR (Nov 12): The KLCCP Stapled Group, which comprises KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (KLCC REIT), saw its total distributable income for the third quarter ended Sept 30, 2015 (3QFY15) fall 2.
Exciting times ahead for Jalan Ipoh
IT is one of the oldest arterial roads in Kuala Lumpur: Jalan Ipoh stretches from the Jinjang and Segambut neighbourhoods to the older heart of the city near Sentul, Titiwangsa and Chow Kit.
UPDATE KLCC Stapled eyes two multibillion ringgit assets
KUALA LUMPUR (April 17): KLCC Stapled Group, which is made up of KLCC Property Holdings Bhd (KLCC Prop) and KLCC Real Estate Investment Trust (KLCC REIT), is mulling the addition of two multibillion ringgit prime land assets here to its portfolio from its parent company, Petroliam Nasional Bhd (Petronas).
