KIP REIT 3Q NPI up 5.9% to RM14.5 mil, declares DPU of 1.60 sen
KUALA LUMPUR (April 21): KIP Real Estate Investment Trust (REIT) net property income (NPI) in the third quarter ended March 31, 2022 (3QFY22) rose 5.
OCR partners Magna Prima to develop RM1.5b integrated e-commerce hub
KUALA LUMPUR (April 21): Property developers OCR Group Bhd and Magna Prima Bhd are joining hands to develop an integrated e-commerce logistics hub with a planned gross development value of RM1.
Axis REIT 1Q NPI up 17.2% to RM58.39 mil, declares DPU of 2.42 sen
KUALA LUMPUR (April 21): Axis Real Estate Investment Trust’s (AXREIT) net property income (NPI) in the first quarter ended March 31, 2022 (1QFY22) jumped 17.
Vizione JV bags RM654m job from Perkeso
KUALA LUMPUR (April 21): Integrated construction engineering group Vizione Holdings Bhd, in a joint venture with Permata Rebana Sdn Bhd, has bagged an RM654 million project from Pertubuhan Keselamatan Sosial (Perkeso) to build Phase 1 of the latter’s national robotics and cybernetics rehabilitation centre in Bandar Meru Raya, Perak.
DONE DEAL: Serviced residence at St Mary Residences, Kuala Lumpur
Read also: DONE DEAL: Double-storey semidee house at Taman Tun Dr Ismail, Kuala Lumpur DONE DEAL: Serviced residence at Marc Residence, Kuala Lumpur St Mary Residences is developed by E&O Development Group and Lion Group.
PropNex Malaysia ups its marketing with EdgeProp collaboration
PETALING JAYA (April 18): EdgeProp has signed a Memorandum of Understanding (MoU) with PropNex Malaysia in providing comprehensive marketing solutions for the agency.
Another big victory for house buyers in Country Garden Danga Bay case
Yesterday (April 13), the Federal Court dismissed the leave applications brought by Country Garden Danga Bay Sdn Bhd (CGDB) against a group of seven unit purchasers of Country Garden Danga Bay, Johor Bahru.
Property Chat: Can developers compel buyers to waive LAD claims?
Some developers are ‘arm-twisting’ house buyers to sign away their rights to late delivery compensations, but are such waivers legitimate? Ever so often, when developers fail to complete their projects on time, they devise ways and means to avoid paying compensation for late delivery or liquidated ascertained damages (LAD) to their house buyers.
DONE DEAL: Serviced residence at Marc Residence, Kuala Lumpur
Read also: DONE DEAL: Two-storey terrace at USJ 16, Selangor DONE DEAL: Office unit at Menara 2, KL Eco City, Kuala Lumpur Marc Residence is a luxury serviced apartment completed in 2017 by Singapore-based Beverly Group Sdn Bhd.
Sunway Property partners with PSFKL to host photography contest
PETALING JAYA (April 13): Sunway Property has collaborated with Persatuan Fotografi Selangor dan KL (PFSKL) to host a wellness-themed photography contest at Sunway Serene, Petaling Jaya.
