UOA REIT 4Q rental income falls 40% to RM8.98m
KUALA LUMPUR (Jan 25): UOA Real Estate Investment Trust's net rental income for the fourth quarter ended Dec 31, 2017 (4QFY17) fell 39.
PBAPP: Villa Sri Melati JMB responsible for fixing leaking pipe
PETALING JAYA (Jan 25): Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) has asserted that the Joint Management Body (JMB) of Villa Sri Melati — a block of flats at Rifle Range, Penang — is responsible for fixing a leak in the main underground pipe that had swelled the water bill to a whopping RM268,258.
Hua Yang slips into the red in 3QFY18 on soft property market
KUALA LUMPUR (Jan 25): Property developer Hua Yang Bhd slipped into the red in the fiscal third quarter ended Dec 31, 2017 (3QFY18), posting a net loss of RM957,000 compared with a net profit of RM10.
Political uncertainty negatively impacts commercial property, says Knight Frank
KUALA LUMPUR (Jan 24): With Malaysia’s general elections looming, political uncertainty has affected market sentiments and this will have an impact on the general property sector and the commercial property segment in particular.
Axis REIT on acquisition trail, targets RM292m new asset injection
KUALA LUMPUR (Jan 24): Axis Real Estate Investment Trust (Axis REIT) said it is aiming to achieve RM292 million worth of industrial asset acquisitions this year.
What happened at the 11th Malaysian Property Summit?
The 11th Malaysian Property Summit, held at the Sime Darby Convention Centre on Jan 23, featured topics that covered residential, commercial, retail, and industrial properties as well as the northern and southern regions of Peninsular Malaysia.
Mixed outlook for Penang housing in 2018
KUALA LUMPUR (Jan 23): The Penang property market is expected to diverge further in 2018, according to real estate consultancy PPC International Sdn Bhd.
PEPS: Low basic salary hindering homeownership
KUALA LUMPUR (Jan 23): Although salary growth has kept pace with growth in property prices, basic salaries are still low compared with average property prices.
UEM Sunrise chooses London-based Atkins as master planner of Gerbang Nusajaya
KUALA LUMPUR (Jan 23): UEM Sunrise Bhd has awarded London-based project management consultant Atkins, a member of the SNC-Lavalin Group, as the winner of the International Land Use Master Planning Competition for Gerbang Nusajaya's Transit-Oriented Development (TOD) plot.
CBRE|WTW: Homeownership not the be-all and end-all
KUALA LUMPUR (Jan 23): Perhaps it is high time for a paradigm shift where the absence of homeownership does not imply welfare deprivation, said managing director of CBRE|WTW Malaysia Foo Gee Jen.
