IGB REIT’s 1Q distributable income up 19%
PETALING JAYA (April 29): IGB Real Estate Investment Trust (IGB REIT), which lists Mid Valley Megamall and The Gardens Mall in its portfolio, saw a 19.
Residential market’s first signs of recovery since 2012
KUALA LUMPUR (April 27): The slight uptick in the volume of residential property transactions in 2014 points to the first signs of a recovery since the segment’s “continuous dip” from 2012, says Raine & Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh (pictured).
THE EDGE REIF 2015: Pre-GST’s 1Q2015 saw minimal change in property market
PETALING JAYA (April 25): There was minimal change in transacted volumes and values in the first quarter of this year (1Q2015) as the property market readied itself for the Goods and Services Tax (GST), said Reapfield Academy Sdn Bhd group CEO and president Dr Gerald Kho (pictured) during his presentation on the topic “Post-GST – The Real Impact on Buyers” at The Edge Investment Forum on Real Estate 2015 today.
THE EDGE REIF 2015: Potential drop in interest rates may reverse dampened sentiment
PETALING JAYA (April 25): A potential drop in interest rates before end-2015 in Malaysia could reverse dampened sentiment in the near-term for the property market as interest rates fall worldwide, coupled with an ongoing currency war, said The Edge Media Group executive chairman Datuk Tong Kooi Ong (pictured).
THE EDGE REIF 2015: Good turnout for event
KUALA LUMPUR (April 25): More than 750 readers of The Edge Malaysia attended The Edge Investment Forum on Real Estate 2015 at the One World Hotel, Petaling Jaya today.
PE Land’s Design Village on track for 2016 opening
PENANG (April 24): The Design Village premium outlet mall development in Batu Kawan, Penang is on schedule for a Christmas 2016 opening, said PE Land (Penang) Sdn Bhd.
Komtar’s makeover will boost Only World revenue
KUALA LUMPUR (April 23): CIMB Research is confident that Komtar’s makeover will boost Only World Group Bhd (OWG) revenue.
Hermitage attraction coming up in Hartamas
KUALA LUMPUR (April 21): Mayland Universal Sdn Bhd is said to be building the last high-rise development in Sri Hartamas.
See Hup sells three parcels of land in Prai for RM17.6 mil
KUALA LUMPUR (April 20): See Hup Consolidated Bhd's wholly-owned unit See Hup Transport Sdn Bhd has entered into a conditional sale and purchase agreement with Loh Gim Ean Holdings Sdn Bhd (LGE) for the proposed disposal of three adjoining lots of development land in Seberang Prai, Penang for RM17.
MBSB: Possible merger within this or next year
KUALA LUMPUR (April 16): While keeping mum on speculation about a merger between Malaysia Building Society Bhd (MBSB) and Bank Islam Malaysia Bhd, MBSB president and chief executive officer Datuk Ahmad Zaini Othman said a merger with an Islamic financial institution is still on the cards, possibly within this or next year.
