This is one S-REIT with strong earnings visibility
SINGAPORE (Oct 28): DBS Vickers is maintaining its “buy” rating for Parkway Life Real Estate Investment Trust, even as the REIT posted a 8.
BON Estates secures RM300 mil loan for The Estate
KUALA LUMPUR (Oct 28): Boutique developer BON Estates Sdn Bhd (formerly known as PPM Realty Sdn Bhd) is eyeing more land in Penang and the Klang Valley for its high-end properties following the success of past projects.
E&O set to launch Amaris Terraces By-The-Sea at Seri Tanjung Pinang
PENANG (Oct 28): Eastern and Oriental Bhd (E&O) is set to launch its latest project Amaris Terraces By-The-Sea at its Seri Tanjung Pinang development in Penang this November, pending the completion of the project’s show unit.
DONE DEAL: Shopoffice at Bandar Sri Pinang, Jelutong, Penang
Rented for: RM2,100 a month Concluded by: Mayzel Wong (REN 17359) (017-575 8999) of Khoo & Associates Realty When: Oct 15, 2016 Noteworthy: ● Leasehold ● Second floor of a 3-storey shopoffice, ● 1,800 sq ft ● Has a seaview ● Covered carpark ● Nearby amenities include F&B outlets, banks, mini market and auto mall ● About 5km away from George Town, 13km away from Penang International airport in Bayan Lepas and 6km to the Penang Bridge The unit is located at Persiaran Karpal Singh, also known as Karpal Singh Drive, a seaside promenade in Bandar Sri Pinang, Jelutong Penang.
Boutique developer’s lament
DRESSED in a monochromatic striped sweater and ensconced in one of the snug leather armchairs in his office, Kenny Tan, chairman and CEO of Link (THM) Group, says: “The property market is very challenging.
Bennington Residences within SkyArena to be unveiled on Nov 5
SKYWORLD Development Sdn Bhd is all set to launch Tower A of Bennington Residences on Nov 5.
Phase 1A of Impression City rakes in RM461 mil in sales
MELAKA (Oct 26): Tourism and cultural property developer Yong Tai Bhd has recorded en-bloc sales of RM461 million from Phase 1A of mixed-use development Impression City here.
MRCB-Quill REIT sees marginal growth in net property income in 3Q
KUALA LUMPUR (Oct 26): MRCB-Quill Real Estate Investment Trust (MQREIT) saw a marginal 0.
Prospective buyers invited to view TH Properties’ Pesisiran Residence homes
KUANTAN (Oct 26): Integrated property group TH Properties is showcasing 38 double-storey, semi-detached homes at the Pesisiran Residence project in Bukit Pelindung here, Bernama reported yesterday.
The Estate in South Bangsar coming to the market at year end
THERE is no doubt Bon Estates Sdn Bhd’s stylish new show gallery in Bangsar — with marble and wood contrasting on the floors and walls, water features, high ceilings and tall windows — was designed to impress.
