News about i

KUALA LUMPUR (May 13): AmInvestment Bank foresees a decline in consumer spending ahead due to higher-than-expected interest rates and inflationary pressures, which will in turn affect the improvement of the real estate investment trust (REIT) sector.

KUALA LUMPUR (May 13): UOA Group has officially launched Komune Living & Wellness, an integrated co-living and wellness facility located in Bandar Tun Razak, Cheras.

KUALA LUMPUR (May 13): Developer and operator of theme parks based in Malaysia, Sim Leisure Group Ltd, which is also the licensee operator of Kidzania KL, is set to construct and operate a new ESCAPE theme park located in Perak.

KUALA LUMPUR (May 13): Kein Hing International Bhd on Thursday announced it has awarded an RM5 million construction contract to a third party main contractor in Vietnam for the proposed construction of a single-storey factory.

PETALING JAYA (May 13): Tropicana Corp Bhd has delivered vacant possession (VP) for owners at Triana shopoffices on May 12.

KUALA LUMPUR (May 12): Sentral Real Estate Investment Trust (Sentral REIT)’s net property income (NPI) in the first quarter ended March 31, 2022 (1QFY22) dropped by 2.

PETALING JAYA (May 12): Mah Sing Group Bhd’s M Senyum Phase 1 (Camellia), comprising 262 units of two-storey terrace houses with a gross development value of approximately RM144.

PETALING JAYA (May 12): Property solutions company, The Makeover Guys (TMG) has collaborated with modern-home-decor brand HOOGA to introduce new styles and themes into home aesthetics.

KUALA LUMPUR (May 11): AME Elite Consortium Bhd said it has secured its shareholders’ approval for the proposed listing of AME Real Estate Investment Trust (REIT) on the Main Market of Bursa Malaysia Securities Bhd, at an extraordinary general meeting held on Wednesday.

KUALA LUMPUR (May 11): Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) on Wednesday (May 11) increased the overnight policy rate (OPR) by 25 basis points to 2% from a record low of 1.