News about property

You don’t need the experts to tell you this: parks, open spaces, flora and fauna are this season’s darlings of property investors and tenants – all due to the Covid-19 pandemic.

KUALA LUMPUR (May 8): Low Yat Group chairman Tan Sri Low Yow Chuan (pictured) passed away today, according to a family member.

PETALING JAYA (May 6): Sime Darby Property has appointed Rizal Rickman Ramli (pictured) as chairman of the group’s board of directors, effective May 7, 2021.

KUALA LUMPUR (May 4): KLCCP Stapled Group’s net profit for the first quarter ended March 31, 2021 (1QFY21) fell 17.

  PETALING JAYA (May 5): A resident at Kota Damansara flats was fined RM5,500 for threatening and assaulting a management committee member when being requested to park his car properly, reported FMT.

KUALA LUMPUR (April 30): KLCCP Stapled Group, which comprises KLCC Property Holdings Bhd and KLCC REIT Management Sdn Bhd, has appointed Md Shah Mahmood as its new chief executive officer effective May 1, 2021.

Nowadays, people are beginning to appreciate the home as more than just a refuge from the sun and rain, but a sanctuary to relax and cultivate physical, emotional, mental and spiritual growth and keep safe from all harms and dangers.

KUALA LUMPUR (April 29): Gadang Holdings Bhd saw its net profit for the third quarter ended Feb 28, 2021 (3QFY21) slide 10.

PETALING JAYA (April 23): Investors’ confidence in the Asia Pacific region real estate market is gaining traction with anticipation of increased market stability, said a Jones Lang LaSalle (JLL) Capital Tracker report.

KUALA LUMPUR (April 20): KIP Real Estate Investment Trust's (KIP REIT) net property income (NPI) for the third quarter ended March 31, 2021 fell 5.