BMI: Bank Negara to begin cutting rates in early 1H2024
“Looking ahead, we believe that the BNM will be wary of loosening monetary policy too soon.
Avaland’s green homebuyers to enjoy lower interest rates from Alliance Bank
The tie-up with the Alliance Bank Green Mortgage Financing Package serves as a push to encourage homeownership of green-certified properties.
Singaporean MeGroup’s Malaysian unit acquires Balakong property for RM16.2 mil
The 99-year leasehold property is on industrial land that measures some 4,868 square metres (sq m).
TA Securities positive on CapitaLand Malaysia Trust’s disposal of 3 Damansara Office Tower
In a research note, TA noted that the proposed disposal for RM52 million translates into a premium of 4% over the property’s market value, and would result in a net gain of RM400,000 for the group.
Bursa quizzes Lion Industries over RM92 mil land disposal
Bursa Securities in a query asked Lion Industries five questions, including the reason for the estimated expenses for the disposal at RM22.
Axis REIT sues ex-tenant to recover RM105 mil in unexpired future rental payments
The REIT said the suit against Yongnam Engineering Sdn Bhd (YESB) was filed by its trustee, RHB Trustees Bhd, at the High Court in Johor Bahru on Tuesday.
CLMT to sell 3 Damansara office tower to Lagenda Properties for RM52m
Net proceeds of RM50.
KIP REIT’s RM80m acquisition of KIPMall Kota Warisan deemed fair and reasonable by independent adviser
The all-cash deal is deemed a related party transaction as KIP REIT’s major unitholder Datuk Ong Kook Liong is also a director and major shareholder of Cahaya Serijaya.
Comintel bags RM161 mil construction job in KL
The two blocks of building in Jalan Jalil Perkasa 1 comprise a seven-storey data centre and a five-storey data centre, the group added in a bourse filing.
Avaland’s Casa Bayu is 95% sold; introduces customer engagement app
The apartment units have built-ups ranging from 926 to 1,087 square feet (sq ft), with prices ranging from RM429,800 to RM566,800.
