Pavilion REIT still has appetite for more buys
SHAH ALAM (April 6): Fresh from completing two major asset purchases recently for RM646.
SHAH ALAM (April 6): Fresh from completing two major asset purchases recently for RM646.
KUALA LUMPUR (April 6): Pelaburan Hartanah Bhd (PHB) continues to be on the lookout for suitable properties for possible injection into Amanah Hartanah Bumiputera (AHB) and to further increase its fund size, said its group managing director and chief executive officer Datuk Kamalul Arifin Othman.
• Today, we continue our focus on Sentul by looking at average prices on a per square foot (psf) basis.
IN the last few years, luxury carmakers have been dabbling in other areas of industrial design — from eyewear and fashion accessories to furniture and interior design.
KUALA LUMPUR (April 5): Unperturbed by low profit margins in the affordable segment, Aset Kayamas Sdn Bhd, a privately held property developer, is going full steam ahead with its launches this year as it banks on volume growth to improve its earnings.
• While the Sentul Masterplan urban renewal continues, the rest of the neighbourhood remains a low to mid-end market, comprising primarily dated apartments and condominiums.
PETALING JAYA (April 4): Tan & Tan Developments Bhd’s Desa Kudalari condominium – Malaysia’s first condominium when it was completed over 30 years ago – may break new ground once more as it is likely to become the country’s first strata property to be sold on an en-masse basis.
KUALA LUMPUR (April 4): Dissatisfaction over expensive home prices has been escalating in Malaysia in recent years, with prices now reportedly beyond the reach of an average worker in key states like Kuala Lumpur and Penang.
KUALA LUMPUR (April 4): The shift of focus to affordable housing below the RM500,000 per unit range, which has been seeing more resilient demand than higher-end properties, may strain the margins of developers, especially those who are not traditionally involved in this housing category, said Kenanga Investment Bank.