Paragon Globe to sell part of JB land it just bought for RM238 mil
Paragon Globe expects a net pro forma gain of RM68.
UOB KayHian starts coverage on Lagenda Properties, target price RM2.05
UOB KayHian said that based on 2023 National Property Information Centre data, 53% of residential transactions in Malaysia involved houses priced at less than RM300,000, with Perak, Selangor, Johor, Kedah and Pahang being the key contributors.
DONE DEAL: One Menerung Condominium, Bukit Bandaraya, Kuala Lumpur
DONE DEAL: Terrace house, Taman Kajang Mulia, Kajang, Selangor DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur Average prices psf for non-landed residential properties in the Bukit Bandaraya area have increased by approximately 16.
Sentral REIT's 1Q net property income rises 30% but finance costs weigh
Sentral REIT, which has 53% of its portfolio by valuation located in KL Sentral here, also has exposure in Cyberjaya (13% of portfolio) and Penang (6%).
Hartamas celebrates growth and achievements at awards event
Having evolved from concentrating on the sub-sale market with “a small team” in 1996, Hartamas now offers “a full range of real estate services, including property management, valuation, academy services, workspace interior design, and architecture”.
IJM Land’s Daffodil Residency achieves 55% take-up rate
Daffodil Residency will spread across 7.
GCH Retail says Giant Batu Caves tenancy dispute with landlord still being decided by courts
The hypermarket operator said it has appealed against a court order to surrender the 180,000 sq ft premises, following a summary judgement obtained by its landlord Crystal Promenade Sdn Bhd.
DONE DEAL: Shoplot, Alam Damai, Kuala Lumpur
DONE DEAL: Terrace house, Taman Kajang Mulia, Kajang, Selangor DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur Prices for commercial properties in Alam Damai have seen steady growth, with average transacted prices doubling from RM1 million in 2021, to RM1.
PHB to independently manage AHB funds, aims to quadruple fund size to RM20b
“PHBAM’s primary objective aligns closely with PHB’s mandate of increasing the capacity and wealth of Bumiputera through commercial real estate ownership.
