Will GE14 be the next catalyst for the property market?
Many expect clarity to the political landscape in Malaysia after the 14th General Election (GE14) which will be held next week.
Sunway REIT's 3Q NPI up 5.1%, declares 2.37 sen DPU
KUALA LUMPUR (May 4): Sunway Real Estate Investment Trust's (Sunway REIT) net property income (NPI) grew 5.
Court rules in WCT's favour in Bukit Tinggi mall dispute with Aeon
KUALA LUMPUR (May 2): The High Court has ruled in favour of WCT Holdings Bhd against Aeon Co (M) Bhd in a case involving the lease renewal for AEON Mall Bukit Tinggi.
Best Western Hotels & Resorts sets foot in Nilai
PETALING JAYA (May 2): Best Western Hotels & Resorts has partnered with the Green Target Group to roll out a new hotel named Best Western Mesa Hotel in the latter’s MesaHill development in Nilai, Negeri Sembilan by the first quarter of 2021 (1Q21).
Eng Kah disposes of land in Negeri Sembilan for RM9.4m
KUALA LUMPUR (April 30): Eng Kah Corp Bhd has announced the disposal of its vacant freehold land in Negeri Sembilan for RM9.
Quek Leng Chan resigns as chairman of GuocoLand Malaysia
KUALA LUMPUR (April 30): Tycoon Tan Sri Quek Leng Chan has stepped down as chairman of GuocoLand (Malaysia) Bhd effective immediately, amid an internal rationalisation and streamlining exercise.
Aspen and Singapore’s Oxley in strategic partnership via share placement
PETALING JAYA (April 30): Singapore-listed property developer Aspen (Group) Holdings Ltd has entered into a placement agreement with Oxley Holdings Ltd, a Singaporean property developer, to raise about RM69 million in gross proceeds for the acquisition of landbank, future developments and working capital.
FT minister suggests rebranding of PPR homes
KUALA LUMPUR (April 30): Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor yesterday said that affordable homes initiatives such as the People’s Housing Programme (PPR) could be rebranded to give them a fresh image and shift people’s sentiment about such properties.
