INVESTORS of shoplots and shopoffices enjoyed rental yields of more than 10%, and saw their capital values grow faster than other property types, before prices started increasing in 2009, says Savills (M) Sdn Bhd managing director Allan Soo (pictured, below).
PETALING JAYA (April 8): Design Village Penang – the northern state’s first premium outlet mall – aims to open by this November in time for the school holidays, said its general manager Tay Ai Leen.
PETALING JAYA (April 7): IKEA Malaysia’s third store which is located in Jalan Desa Tebrau, Johor Bahru is slated to open by the end of next year, said store owner and operator Ikano Pte Ltd in a press statement today.
WITH the high cost of living in Malaysia, it is not such a bad idea to use public transport, even if you have a car or motorbike.
PETALING JAYA (April 7): The First Home Deposit Funding Scheme (MyDeposit) is a good move to increase home ownership among Malaysians and will also benefit Mah Sing Group Bhd as the company offers a number of properties that qualify for the scheme, said its group managing director and group chief executive Tan Sri Leong Hoy Kum in a press release today.
Construction sector Maintain overweight: Domestic contract awards to listed contractors in the first quarter of 2016 (1Q16) came in at a robust RM29.
PETALING JAYA (April 7): Seri Pajam Development Sdn Bhd’s Nusa 15 1-storey terraced houses have been 60% taken up within a few days of their launch, said director Tey Soo Leng.
Eastern & Oriental Bhd (April 6, RM1.
KUALA LUMPUR (April 9): The Employees Provident Fund (EPF) has bought a portfolio of industrial and logistics assets in the United Kingdom from IM Properties plc, one of the largest British privately owned property groups, for close to £200 million (RM1.
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