S P Setia takes the top spot at TPDA for five consecutive years
PETALING JAYA (Dec 14): Property developer S P Setia has taken the top spot in The Edge Malaysia Top Property Developers Awards (TPDA) 2020, making this their fifth consecutive win.
Gamuda climbs two positions to No. 5 in TPDA 2020
PETALING JAYA (Dec 14): The property division of Gamuda Bhd is the No.
KL’s Lot 10 Property owner announces first perpetual bond issuance
KUALA LUMPUR (Dec 10): YTL Corp Bhd-controlled Starhill Global Real Estate Investment Trust (Starhill Global REIT), the assets of which include the Lot 10 Property and Starhill Gallery here, has announced its maiden issuance of perpetual securities or bonds worth S$100 million (about RM304 million) to enhance the financial flexibility of the property trust and diversify its funding sources.
Sunway Velocity and Sunway Velocity 2 named first MSC Cybercentre in Cheras
PETALING JAYA (Dec 7): The Sunway Velocity and Sunway Velocity TWO developments by Sunway Property have received the MSC Cybercentre status from Malaysia Digital Economy Corp (MDEC), making it the first Cybercentre in Cheras.
RTS Link: Where are the hot spots?
KGV International’s Samuel Tan has no doubt RTS Link will stimulate the Johor Bahru property market in the future.
Prime London property market unlikely to be impacted by England’s second lockdown — Knight Frank
KUALA LUMPUR (Dec 3): The release of the Knight Frank Prime London Sales Report: October 2020 showed that the prime London property market is unlikely to be impacted by the second national lockdown in England, compared to the first one, due to the Covid-19 pandemic.
Outstanding non-strata properties
There are many negative perceptions on non-stratified communities, such as dilapidated common facilities and lax security.
Aeon returns to black in 3Q as relaxation in lockdown boosts consumer spending
KUALA LUMPUR (Nov 26): Aeon Co (M) Bhd returned to the black with a net profit of RM16.
Sime Darby Property posts second straight quarterly loss, pays one sen dividend
KUALA LUMPUR (Nov 25): Sime Darby Property Bhd posted its second straight quarterly loss in its results for the third quarter ended Sept 30, 2020 (3QFY20) as it took a RM337.
IGB reverses losses in 3Q on higher contributions from business segments
KUALA LUMPUR (Nov 19): IGB Bhd mounted an earnings recovery in its third financial quarter ended Sept 30, 2020 (3QFY20), posting a net profit of RM16.
