Loss-making Thriven Global to raise RM22 mil via land sale
The original cost of investment for the four plots in 2002 was RM996,774, and the disposal will give rise to a gain of RM12.
DONE DEAL: Terrace house, Putra Heights, Selangor
DONE DEAL: Condominium, Bukit Ceylon, Kuala Lumpur DONE DEAL: Bungalow, Taman OUG, Kuala Lumpur Located in Subang Jaya, Putra Heights covers Putra Permai, Putra Bahagia, Seksyen 7, and Putra Indah.
AI, big data and social media are leading sources of innovation for real estate
Day 1 of MAREC 2024 explores industry innovations and how different sources of technology and social media may provide the keys to sustainability.
Shopping complex occupancy rises slightly y-o-y in 2023, office space remains flat
Based on Napic’s Property Market Report 2023 released on Wednesday, the occupancy rate of shopping complex retail space in 2023 rose to 77.
Worldtree Properties sets record with RM39 mil transaction in a single deal for 2023
In 2023, the agency experienced remarkable growth, with the number of agents increasing by 65% from 102 in 2022 to 169 agents by the year's end.
Overhang residential units down 7% in 2023, affordable housing the largest category
Value of overhang residential units also declined 4% to RM17.
Cagamas sells RM960 million worth of bonds, sukuk
The issuance, done through its first public bookbuilding for this year, comprises RM460 million one-year and RM200 million two-year conventional medium-term notes as well as RM300 million Islamic medium-term notes, Cagamas said in a statement.
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Auditor general flags going concern issues at Felda, PR1MA
Both Felda and PR1MA face "going concern" issues — an accounting parlance that casts doubt on an organisation’s resources and income to stay afloat — based on levels of debt and reliance on government aid, the auditor general said in a statement following the release of the 2022 Auditor General Report.
Fajarbaru bags RM121m job to build clubhouse, driving range complex in Johor Bahru
The Johor Golf and Country Club (JGCC) project was awarded by Tanjung Nakhoda (M) Sdn Bhd, said Fajarbaru in a stock exchange filing on Tuesday.
