The Mews over 75% sold

KUALA LUMPUR (Oct 31): Eastern & Oriental Bhd’s (E&O) newly-completed upmarket residential project, The Mews Serviced Residence at Jalan Yap Kwan Seng, is more than 75% sold despite the prevailing weak sentiment in the property market.

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Association seeks tax-free dividends for REITs

KUALA LUMPUR (Oct 27): While Malaysia imposes a lower rate of withholding tax on dividends paid to retail investors of real estate investment trusts (REITs) compared with many other countries, the Malaysian REIT Managers Association (MRMA) is of the view that a total tax exemption should be given to attract more investments.

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