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KUALA LUMPUR (25 Jan): IGB Real Estate Investment Trust’s (IGB REIT) net property income in the fourth quarter ended Dec 31, 2016 (4QFY2016) rose 13% to RM91.

KUALA LUMPUR (Jan 25): Hua Yang Bhd announced it has acquired 36 million shares in Magna Prima Bhd, equivalent to a 10.

KUALA LUMPUR (Jan 25): Gadang Holdings Bhd’s net profit rose 57.

KUALA LUMPUR (Jan 25): Despite the global consolidation of operations and restructuring exercise by multinational companies (MNCs) in Penang, such as those involving Seagate Technology Inc, Western Digital Corp and Intel Corp, the industrial property sector in Penang has fared quite well over 2016.

KUALA LUMPUR (Jan 25):  With the preference for landed homes among homebuyers in Penang, the landed residential property segment in the state is expected to remain firm, according to CBRE|WTW Penang.

KUALA LUMPUR (Jan 25): The Federal Territories' Legasi Residensi Kampung Baru Affordable Homes under the Rumah Mampu Milik Wilayah Persekutuan (Rumawip) project here is expected to be ready by next year, according to a Bernama report yesterday.

KUALA LUMPUR (Jan 25): CAB Cakaran Corp Bhd is buying 118.

KUALA LUMPUR (Jan 25): The downward pressure on rental in shopping malls will remain in the near term as more shopping space comes into the market, according to Low Peck Chen (pictured), the chief executive officer (CEO) of Capitaland Malaysia Mall REIT Management Sdn Bhd (CMRM), the manager of Capitaland Malaysia Mall Trust (CMMT).

AS the proportion of unprofitable property transactions surged from 9% (508 out of 5,433 matched transactions) in 2015 to 17% (1,002 out of 5,924 matched transactions) in 2016, the losses incurred by sellers climbed 62% from S$161 million to S$260 million over the same period.

THE Klang Valley has seen a slew of new landmarks and hangout spots such as the Empire Shopping Gallery, The Curve, and The Gardens over the past two decades.