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KUALA LUMPUR (Aug 8): Matrix Concepts Holdings Bhd, which was one of the small- to mid-capitalisation property developers that have been offering a decent dividend payout ratio (DPR) — at least 40% of its net profit — recently capped its DPR to a maximum of 40% instead.

Axis Real Estate Investment Trust (Aug 5, RM1.

KOTA KEMUNING (Aug 7): Eco World Development Group Bhd (EcoWorld) has unveiled Eco Sanctuary Care Hub, which is located in the 27-acre The Parque Residences of the Eco Sanctuary township, at the south of Kota Kemuning.

A VISITOR to the Bukit Bintang City Centre (BBCC) development’s sales gallery at Jalan Hang Tuah, Kuala Lumpur would be greeted by the sight of shipping containers.

IT’S been a year since the Strata Management Act 2013 (SMA) was implemented in our country.

PETALING JAYA (Aug 6): Gamuda Land Sdn Bhd, the property arm of construction group Gamuda Bhd, will be launching its Kundang Estates (pictured) in Kuang, near Rawang, an area the developer has dubbed North KL, next month.

PENANG (Aug 5): Penang is mulling a cap on rental hikes in pre-war buildings to 20% over a period of four to five years, in contrast with more exorbitant hikes of 100% to 200% observed in recent times, said Penang chief minister Lim Guan Eng at the Penang International Property (PIP) Summit conference today.

Setia Sky Seputeh is an exclusive, low density condominium project comprising 290 units housed in two towers TUCKED away from the hustle and bustle of the city is Taman Seputeh, a cosy nook between the vibrant Mid Valley City and upscale Taman Desa.

KLCC Property Stapled Group (Aug 4, RM7.

PETALING JAYA: IJM Land Bhd, the property development arm of IJM Corp Bhd, will be launching the Waterside Residence condominium project in Penang, with an estimated gross development value (GDV) of RM240 million, this October.