Hektar REIT sees gain of RM41.6 mil from revaluation of six assets
The total value of the six properties — Subang Parade, Mahkota Parade, Wetex Parade,Central Square, Kulim Central, and Segamat Central — rose to RM1.
Crescendo buys three plots of land in Johor for RM67.5 mil
The group said the purchase price was calculated at the rate of RM14.
Retailers, hoteliers urge govt for moratorium on new electricity tariff after surge in energy bills
In a joint statement on Wednesday (Feb 8), seven associations representing retailers and the owners and operators of hotels, theme parks and shopping malls lament that their monthly energy bills have gone up by at least 20% to 30% compared to the previous year, despite similar usage levels.
Malaysia’s residential overhang improves in 3Q2022
The majority of the total residential overhang units are those priced between RM500,000 and RM1 million at 31.
UEM Sunrise's KLCC land buy falls through as conditions precedent not met
As the SPA had lapsed, UEM Sunrise said the vendor Nipponkey Sdn Bhd will refund its indirect wholly owned subsidiary Lucky Bright Star Sdn Bhd the deposit, including any interest accrued, within 14 days.
Putrajaya Holdings launches Residensi Sakura in Putrajaya with apartments from RM350,000
With units priced from RM350,000, the freehold project is offering 463 medium-range apartment units over two blocks, of which 50% were already taken up during its recent soft launch on Jan 28 and 29.
DONE DEAL: Bungalow, Bukit Tunku, Kuala Lumpur
DONE DEAL: Three-storey link house, Kepong, Kuala Lumpur DONE DEAL: Condominium, Subang Jaya, Selangor Located in the luxurious enclave of Bukit Tunku, Kuala Lumpur or formerly known as Kenny Hills, this area houses posh condominiums and villas alongside a myriad of amenities.
Kerjaya Prospek clinches another Seri Tanjung Pinang construction project worth RM398m
The contract involves Phases 2B and 2C of the STP reclamation project in Tanjung Tokong, Penang KUALA LUMPUR (Feb 7): Kerjaya Prospek Group Bhd has accepted another contract for the Seri Tanjung Pinang (STP) development in Penang, this time worth RM398 million, for the construction of coastal protection structure.
Tanco buys 50.1% stake in real estate sales processing platform operator for RM20m
The group said it is acquiring the stake in Gplex Properties Sdn Bhd from Googolplex Holdings Bhd, which will still own the other 49.
Property market will improve this year – MIEA
Market will grow as there is stability in the country Secondary market is expected to perform from pent-up demand The Malaysian property market is expected to improve in 2023 as long as the fundamentals and government’s support through incentives are in check, according to the Malaysian Institute of Estate Agents (MIEA).
