Malaysian retail malls' occupancy at 79% in 2019, offices at 81%
PETALING JAYA (April 29): The shopping complex or retail property sector's performance was stable last year, recording an overall occupancy rate of 79.
Property overhang down 5% in 2019 but serviced apartment segment spiked
PETALING JAYA (April 29): The residential property overhang and unsold residential property situation in the country improved last year (2019).
Malaysian property transactions up almost 5% in 2019
PETALING JAYA (April 29): The Malaysian property market had shown marginal improvement last year (2019) with a total of 328,647 transactions worth RM141.
Allow property developers to operate, Mah Sing urges govt
KUALA LUMPUR (April 29): Lauding the government’s decision to allow approved businesses to fully resume their operations from today, Mah Sing Group Bhd said Putrajaya should also consider lifting the lockdown for the property sector.
Exclusive deals for Gamuda Gardens' homes on Shopee
PETALING JAYA (April 25): Gamuda Land is offering enticing deals for Gamuda Gardens exclusively on Shopee from April 25 to April 30, 2020.
KIP REIT's 3Q property income jumps 42% after acquiring AEON Mall Kinta City, pays 1.52 sen DPU
KUALA LUMPUR (April 24): KIP Real Estate Investment Trust (KIP REIT)’s net property income rose 41.
New Sime Darby Property group MD prepares 'to chart new history'
PETALING JAYA (April 22): Today marks the first day of Datuk Azmir Merican Azmi Merican's tenure at Sime Darby Property Bhd as group managing director.
YTL Starhill Global REIT requests S&P to withdraw credit rating on RM9b property trust
KUALA LUMPUR (April 22): YTL Starhill Global REIT Management Ltd, the manager of Singapore-listed Starhill Global Real Estate Investment Trust (Starhill Global REIT), has requested S&P Global Ratings to withdraw its corporate credit rating on the REIT and notes issued under the property trust’s medium-term notes programmes.
Sime Darby Property welcomes Datuk Azmir Merican as group MD and Mohd Sohimin as special projects officer
PETALING JAYA (April 22): Datuk Azmir Merican has commenced his duties as Sime Darby Property Bhd's new group managing director from today.
Market sell-off gives property privatisation opportunities
PETALING JAYA: The poor performance of property stocks due to the ongoing market sell-off is expected to open up a window of opportunity for substantial shareholders to privatise their listed companies at bargain basement prices, the Star reported yesterday.
