Hunting for bargains at the auction
Where does one find bargains in the real estate market? Property investors say: Look at property auctions.
Where does one find bargains in the real estate market? Property investors say: Look at property auctions.
Rented for: RM14,500 a month Concluded by: Eric Mok (PEA 1617) of Ping Properties (012-388 0356) When: October 2017 Noteworthy: ● Land size: 15,000 sq ft ● Built up: 7,490 sq ft ● Empty unit ● 2-storey ● Lease started in January According to Ping Properties probationary estate agent Eric Mok, who concluded the deal, the tenant of the factory liked it for its big land size area compared with their previous factory.
KUALA LUMPUR (April 2): Pasukhas Group Bhd has proposed to diversify its business to include property development and coal trading.
Titijaya Land Bhd (March 29, 53 sen) Maintain buy with an unchanged fair value of 95 sen: Titijaya Land Bhd has proposed to subscribe to a 99% equity interest in BJ Properties Sdn Bhd for RM9.
KUALA LUMPUR (March 28): Titijaya Land Bhd is buying shares of a loss-making privately-owned property company that owns a 27,550 sq m piece of land in Ampang here, for RM9.
KUALA LUMPUR (March 28): Tan Sri Lee Shin Cheng (pictured), the founder of IOI Group Bhd, has been mopping up shares in the group’s property arm on the open market, even as the stock hit an all-time low on Monday.
PETALING JAYA (March 21): IOI Properties Group Bhd has created an online community engagement platform via its mobile app IOI Community.
KUALA LUMPUR (March 13): IOI Properties Group Bhd (IOI Prop) has terminated its agreement with Hongkong Land International Holdings Ltd (HKLI) to jointly develop and manage a land parcel at Central Boulevard in Singapore.
PETALING JAYA (March 10): IOI Properties Group Bhd has secured S$1.