Axis REIT set to reclaim historical high, says RHB Retail Research
KUALA LUMPUR (June 10): RHB Retail Research said Axis REIT is set to reclaim its historical high after rebounding above the previous breakout level of RM1.
Baffled over eSPA
The man in the street thinks we now have a DIY SPA vide eSPA and there is no need for the services of lawyers in property purchases.
Hap Seng Consolidated brings the first Marriott Executive Apartments to KL
PETALING JAYA (June 9): Marriott International on Thursday signed an agreement with Hap Seng Consolidated Bhd to bring the first Marriott Executive Apartments to Kuala Lumpur.
J&T Express acquires 30-acre land in Bandar Rimbayu to build logistics centre
PETALING JAYA (June 8): Indonesia-based logistic firm J&T Express announced that it has acquired 30 acres of land in Bandar Rimbayu, Selangor for RM600 million.
SCIB bags EPCC contract worth RM30.8m
KUALA LUMPUR (June 8): Sarawak Consolidated Industries Bhd (SCIB) has bagged an engineering, procurement, construction and commissioning (EPCC) contract worth RM30.
DONE DEAL: Two-storey shopoffice at Hicom-Glenmarie Industrial Park, Shah Alam, Selangor
Read also: DONE DEAL: Two-storey terraced house at M Residence 2, Rawang, Selangor DONE DEAL: Three-storey shoplot at SS2, Petaling Jaya, Selangor Hicom-Glenmarie Industrial Park in Section U1, Shah Alam, Selangor was developed by DRB-HICOM Bhd.
Rising number of ‘sick’ housing projects adds to housing woes
With 580 sick projects against 2,552 launched projects, it also indicated that nearly 23% of house buyers’ fates were determined by those errant developers According to the government’s statistics, as of March 31, 2022, the number of “sick” private housing projects rose to 580, comprising 102,132 units, which affected a total of 51,000 house buyers compared to 365 sick projects comprising 48,826 units affecting a total of 26,145 buyers in March 31, 2020 (Table 1).
Sunway Malls expects strong 2Q sales performance at 117% of pre-pandemic levels
PETALING JAYA (June 3): Sunway Malls expects a stronger sales performance for the second quarter of 2022 (2Q22) at 117% of pre-Covid-19 pandemic levels on the back of a better Raya 2022 sales performance, the country's transition to the endemic phase, an improved labour market and stronger domestic and external demand.
IOI Corp announces settlement in long-standing land dispute in Sarawak
KUALA LUMPUR (June 3): IOI Corporation Bhd said its joint venture in Sarawak, IOI Pelita Plantation, has signed a landmark final settlement agreement with eight local communities, ending a decades-long land dispute.
TA Global receives construction approval for Sri Damansara Sentral MRT link bridge
PETALING JAYA (June 1): TA Global Bhd has received the construction approval for the Sri Damansara Sentral MRT link bridge, marking tremendous progress in strengthening the accessibility of Damansara Avenue, the developer’s 48-acre master plan in Bandar Sri Damansara.
