AME REIT says 3Q net income up 19%, declares distribution of 1.88 sen per unit
With the additional rental from the three newly-acquired industrial properties, the industrial REIT’s net property income (NPI) grew 14.
Titijaya Land unit buys Subang Jaya flats from BNM for RM44.5m cash to redevelop into mixed commercial properties
"The proposed acquisition is poised to yield a synergistic effect with the adjacent property, First Subang SS15 Courtyard.
Jiankun’s unit hit with another lawsuit from ex-JV partner concerning residential project
In December 2022, JKID received a notice of demand from Fivestar for RM12.
Live in the Centre at TRX Residences
The opening of The Exchange TRX retail and TRX City Park recently sparked a frenzy nationwide and both continue to be mainstays on the digital sphere.
Prospects and possibilities of Malaysia’s property market in 2024
Immediate past MIEA president Chan Ai Cheng highlighted the significant opportunity in the market arising from KPKT’s recent proposal to reduce the 100% consent threshold requirement for en-bloc sales.
Boo Kuang Loon returns as Yong Tai CEO
In a bourse filing, Yong Tai said the appointment of Boo is effective immediately.
Mah Sing inks agreement for industrial land in Sepang, first parcel of 185-acre Mah Sing Business Park to yield RM728 million GDV
The landowner Premier Land Resources Sdn Bhd has also granted the option to a Mah Sing subsidiary to purchase an additional approximately 376.
DONE DEAL: Shophouse, Bukit Gasing, Petaling Jaya, Selangor
DONE DEAL: Condominium, Bukit Bintang, Kuala Lumpur DONE DEAL: Condominium, Kampung Sungai Kayu Ara, Selangor Name a location in Malaysia ‘Jaya’ and it’s likely to find success in its development.
Sunway REIT 4Q net property income falls 7%, declares 4.68 sen DPU
The contraction in Sunway REIT’s NPI was attributed to higher reversal of doubtful debt provision recorded in 4QFY2022 and the impact of increased Imbalance Cost Pass-Through (ICPT) electricity charges across all segments.
