AmFIRST REIT’s Mydin mall buy to up DPU
KUALA LUMPUR (April 16): AmFIRST Real Estate Investment Trust (AmFIRST REIT) said the acquisition of Mydin Hypermall in Bukit Mertajam, Penang is expected to help lift the distribution per unit (DPU) by 0.
Eco World to continue building war chest of projects
Eco World Development Group Bhd (April 15, RM1.
High-end condominiums make a comeback in Vietnam, says CBRE
HO CHI MINH CITY: The Vietnam high-end condominium segment made a comeback for first quarter of 2015 (1Q2015) as market sentiment returned, riding on the stable country’s economy, according to CB Richard Ellis’ “Vietnam Market Insights 1Q2015” report.
Mah Sing bags Frost & Sullivan award
KUALA LUMPUR (April 15): Property developer Mah Sing Group was honoured with the 2015 Frost & Sullivan Excellence in Growth Building Construction Industry Award at the 2015 Malaysia Excellence Awards banquet held at Mandarin Oriental yesterday.
UPDATE AmFIRST to firm up Mydin store buy today
KUALA LUMPUR (April 15): AmFIRST Real Estate Investment Trust (AmFIRST REIT) has confirmed that it is acquiring a Mydin store in Bukit Mertajam, Penang — its first investment in the north — confirming a report in The Edge Financial Daily published yesterday.
EPF sells London property to British Land for RM1.14 bil
KUALA LUMPUR (April 15): The Employees Provident Fund (EPF) is disposing of its One Sheldon Square at Paddington Central in London’s West End — its first property disposal in the United Kingdom — to London-listed British Land Co plc for £210 million (RM1.
UPDATE Affordable housing to be hot in 2015
KUALA LUMPUR (April 15): Residential properties priced between RM200,000 and RM500,000 will drive demand for housing this year, said Deputy Finance Minister Datuk Chua Tee Yong.
Gamuda Walk officially opens its doors
SHAH ALAM (April 14): Gamuda Land is aiming for a tenancy of up to 90% for its community lifestyle retail centre at Kota Kemuning, Gamuda Walk, by June – six months after its soft launch.
Property market report 2014: Residential segment transactions up 0.4% in volume and 13.9% in value
SELANGOR (April 14): The residential property segment continued to drive the national property market, accounting for 64.
Maybank IB Research: Property sector slowdown more evident at Iskandar Malaysia
KUALA LUMPUR (April 14): In a note today, Maybank IB Research said property transactions in Johor had plummeted 33% q-o-q in 4Q14, underperforming the country (-7%) and other major cities/states such as Kuala Lumpur (-12%), Selangor (+2%) and Penang (+8%).
