Axis REIT to buy Bukit Raja property for RM37m
KUALA LUMPUR (Dec 25): Axis Real Estate Investment Trust (Axis REIT) is acquiring a piece of land siting two blocks of factory and a double-storey office building at the Bukit Raja Industrial Area, Selangor from Lion Steelworks Sdn Bhd for RM37 million – about 5% lower than its market value.
Development land and industrial properties – star performers in 2019
PETALING JAYA (Dec 23): Property consultancy Knight Frank Malaysia has listed development sites and industrial properties as the star performers in Malaysia's commercial property segment in 2019 based on their decent transaction value growth.
Property prices in Malaysia at least five times lower than in HK
The current riots and unrest in Hong Kong which began about five months ago have definitely driven more Hongkongers to look for a second home overseas at least until calm returns to the ex-British colony.
热盘行情：隆市Desa ParkCity的Adora庭院公寓
成交价：RM115万（每平方尺RM1,057） 成交日期：2019年3月 交易推手：来自Oneworld Real Estate (016-206 6060)的Susan Woo (REN 16613) 卖点： * 单位面积：1,087平方尺 * 底楼单位 * 庭院概念公寓项目 * 含部分家具和电器 * 两房两浴室 * 永久地契 Adora是位于Desa ParkCity城镇内，占地2.
Menang Corp posts loss in 1Q due to land clearing and earthworks expenses, corporate exercises
KUALA LUMPUR (Nov 29): Menang Corp (M) Bhd posted a net loss of RM503,000 in the first quarter ended Sept 30, 2019, compared with a net profit of RM967,000 in the corresponding quarter last year.
Menang looks into acquisition of income-generating assets
KUALA LUMPUR (Nov 28): Menang Corp (M) Bhd is looking into the acquisition of income-generating real estate assets which may include buildings in the Klang Valley to grow the property developer's net profit.
YTL Hospitality REIT 1Q NPI up 11%, declares 1.96 sen dividend
KUALA LUMPUR (Nov 27): YTL Hospitality Real Estate Investment Trust’s (YTL REIT) net property income (NPI) grew 11.
IGB’s new commercial REIT plan stirs excitement
KUALA LUMPUR (Nov 25): IGB Bhd’s announcement that it is going to spin-off its commercial properties into a real estate investment trust (REIT) is a pleasant surprise and marks a step closer to realise the group’s fair value, analysts say.
MIEA: Not certified agents 'pushing' Rumah Selangorku owners to rent out units
PETALING JAYA (Nov 23): The Malaysian Institute of Estate Agents (MIEA) “believes” that uncertified agents “are aggressively pushing” owners of the Rumah Selangorku scheme to rent out their units, The Star reported today.
