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KUALA LUMPUR (April 21): UOA Real Estate Investment Trust (UOA REIT) said its chairman Tan Sri Alwi Jantan has resigned today, due to personal reasons.

PETALING JAYA (April 21): The i-City property showcase, which will run from April 22 to 24, will showcase the integrated development’s properties priced below RM500,000 such as its Liberty Tower, Parisien Tower and Hyde Tower projects at the i-Gallery @ i-City in Shah Alam.

PETALING JAYA (April 21): There was a drop in occupancy rate for retail spaces in Kuala Lumpur by 2.

PETALING JAYA (April 21): The Federal Territory KL’s (KL) property market saw a slight moderation as the market activity and construction sector softened, but prices of landed residential property still recorded strong growth in 2015.

KUALA LUMPUR (April 21): Eastern & Oriental Bhd (E&O) has cancelled the proposed admission of the securities of its indirect wholly-owned Eastern & Oriental Property (UK) Ltd (E&O UK) to trade on the London Stock Exchange (LSE), citing unstable global market conditions and exchange rate volatility as the reasons.

•    Today, we look at price growth and indicative asking rental yields for non-landed homes in Setapak, Kuala Lumpur.

ON April 1, URA released its flash estimate of the private residential price index for 1Q2016.

KUALA LUMPUR (April 20): Hektar Real Estate Investment Trust (REIT) founder and chief executive officer (CEO) Datuk Jaafar Abdul Hamid will be resigning as the CEO of its management company Hektar Asset Management Sdn Bhd (HAM) on May 1.

THE controlling shareholders of property developer Magna Prima Bhd are understood to be looking to hive off a large stake of about 30% in the company, sources say.

•     Today, we continue our focus on Setapak by looking at average prices on a per square foot (psf) basis.