YTL Hospitality 1Q NPI rises 16% on higher revenue
KUALA LUMPUR (Nov 22): YTL Hospitality REIT’s net property income (NPI) rose 16.
KUALA LUMPUR (Nov 22): YTL Hospitality REIT’s net property income (NPI) rose 16.
Sold for: RM300,000 Concluded by: Wong Hor Yan (REN 18777) of 1TPE Realty Sdn Bhd (016-324 8307) When: June 2017 Noteworthy: ● 99 years leasehold with 80 years remaining on the lease ● Land area: 825 sq ft ● Unfurnished ● Amenities in the vicinity include convenience store, restaurants, supermarkets, clinic, automobile repair shops, Tesco Extra Puchong, Columbia Asia Hospital and banks ● Accessibility: Damansara-Puchong Expressway (LDP) Taman Sri Puchong is a leasehold mostly-residential development in Puchong, Selangor that comprises terraced houses, flats and shophouses.
Googolplex Holdings Bhd was set up only four years ago but it is making large strides in its core business of project marketing.
KUALA LUMPUR (June 13): KPJ Healthcare Bhd’s 60.
SINGAPORE (May 11): Property group City Developments announced S$85.
SINGAPORE (May 8): DBS is maintaining its “buy” call on CDL Hospitality Trusts with a revised target price of S$1.
PETALING JAYA (April 8): One in five of the high-rise properties around Kuala Lumpur City Centre (KLCC) is believed to be unsafe due to certain defects caused by shoddy workmanship, apathy and ignorance in property management, as well as lawlessness in the design of buildings, said Architect Centre Sdn Bhd accredited architect and trainer Anthony Lee Tee.
SINGAPORE (April 3): CIMB Research is upgrading its sector outlook on Singapore REITs (S-REITs) from “underweight” to “overweight” on a dovish Fed outlook in addition to a potential sector re-rating ahead of a broader physical recovery in 2018.
SHAH ALAM (March 3): ACE Market-listed electronic and industrial waste processor JAG Bhd is planning to unveil its maiden property development project in the third quarter this year (3Q2017).
NEW Bob Group soft launched its Tropics 8 hospitality suites in Jalan Gottlieb, Penang, earlier this month (January).