Cheras LeisureMall opens new MRT linkbridge, targets 94% occupancy rate
KUALA LUMPUR (Jan 26): Cheras LeisureMall has unveiled a 60m linkbridge connecting the Taman Mutiara mass rapid transit (MRT) station to the Level 1 of the mall today.
EdgeProp Malaysia’s Best Managed Property Awards back with new categories!
PETALING JAYA (Jan 26): EdgeProp Malaysia’s Best Managed Property Awards, which aims to raise the bar on property management practices in the country, is back with two new categories this year.
Penang BN youth seeks Chinese consulate-general's help over tunnel probe
GEORGE TOWN (Jan 26): The Penang Barisan Nasional (BN) Youth yesterday handed over a formal letter to the Chinese consulate- general in Penang, to seek help to contact representatives of the China Railway Construction Corpn (CRCC) to clarify matters over the undersea tunnel and three highway mega projects, Bernama reported yesterday.
Guocoland's 2Q profit lower on absence of land sale proceeds
KUALA LUMPUR (Jan 26): Guocoland (M) Bhd, the property arm of Hong Leong Group, saw its net profit for the second quarter ended Dec 31, 2017 (2QFY18) contract to RM965,000 from RM110.
Office assets seen to sustain KLCCP Stapled Group profit
KLCCP Stapled Group (Jan 25, RM7.
Federal govt proposes lower mortgage interest rate despite higher OPR
PETALING JAYA (Jan 26): The federal government will propose a lower mortgage interest rate to Bank Negara Malaysia despite the central bank raising the overnight policy rate (OPR) by 25 basis points to 3.
BNM seen to hold off on further rate hikes in 2018
KUALA LUMPUR (Jan 26): As expected, Bank Negara Malaysia (BNM) raised its key interest rate by 25 basis points (bps) to 3.
Pavilion REIT achieves 16% growth on 4Q net property income
KUALA LUMPUR (Jan 25): Pavilion Real Estate Investment Trust’s (Pavilion REIT) net property income (NPI) grew 16% to RM89.
Jaya Grocer to open another five stores this year
KUALA LUMPUR (Jan 25): Trendcell Sdn Bhd, which operates supermarket chain Jaya Grocer, plans to open five new stores across the country this year to take the total store count to 27.
