CapitaLand Malaysia Trust surges to near four-year high after strong 1Q
So far this year, CLMT has gained 17%, sharply outperforming its peers, buoyed by potential earnings contributions from its newly-acquired industrial properties.
Homes near electrical lines and substations may not always pose lower values
Based on the transacted prices gathered via EdgeProp analysis, it appears that the presence of a power station or transmission lines within 50m of the houses does not impact property prices across the board.
IOI Properties breaks ground for 117-acre Senna Puteri in Sepang
Spanning 117 acres in southern Klang Valley, the 12-phase Senna Puteri will be developed over the next 10 years, offering residential, commercial, recreational areas, green spaces, community hall, surau and more.
To be a successful property agent, run it like a business
Teh considers the real estate as a good business venture that comes with low risk, low cost and high profit.
Eden's major shareholder proposes land transfer to settle RM45.65m debt owed to company
On transfer of the land to Eden's unit Stratavest Sdn Bhd (STV), Eden will pay ZESB the balance of the land value, net of the debt, that amounts to RM4.
Fajarbaru Builder bags RM252m construction job in Johor Bahru from WCT
This is not the first time Fajarbaru has won a contract from WCT.
CLMT’s 1Q net property income jumps 63% to RM64m, DPU up 37%
Revenue for the quarter ended March 31, 2024 (1QFY2024) rose 42.
I-Bhd to raise RM100m from preference share issue
The proposal calls for the issuance of up to 100 million redeemable preference shares to Sumurwang Sdn Bhd at RM1 apiece, according to an exchange filing.
AME REIT’s 4Q net property income jumps 12%, declares 1.87 sen distribution per unit
During the quarter, AME REIT registered RM12.
Suria KLCC shrugs off competition from new malls, with occupancy rate hitting 98% at end-2023
Suria KLCC recently become a wholly owned subsidiary of KLCCP, after it bought the remaining 40% stake in the mall for RM1.
