“With its proximity to the Bukit Gasing hiking trail, residents will be able to enjoy a green environment and outdoor activities,” said Leong. Mah Sing Group Bhd (Mah Sing) has inked its fourth land acquisition of the year: A 5.24-acre of freehold land on Old Klang Road, Kuala Lumpur, for about RM113mil. Following the successful…
Read MoreKUALA LUMPUR (Nov 7): Sentral REIT (KL:SENTRAL), which mainly manages office towers, said on Thursday its net property income rose 25% in the third quarter ended Sept 30, 2024 (3QFY2024) from a year earlier, boosted by revenue from a newly acquired property. Net property income for 3QFY2024 was RM37.6 million, helping to lift net distributable…
Read MoreKUALA LUMPUR (Nov 6): Parkson Holdings Bhd’s (KL:PARKSON) subsidiary, Parkson Retail Group Ltd (PRGL), has secured two major lease agreements in Shanghai and Nanning, China, with a total combined value of approximately RM358.8 million. In a filing with Bursa Malaysia on Wednesday, the company said PRGL’s indirect subsidiary, Shanghai Nine Sea Parkson Plaza Co, Ltd,…
Read MoreThe legal dispute, which started six years ago, centred on the divestment of the land by Star Media to JAKS Resources in 2011, in return for JAKS Resources building a 15-storey office building for Star Media on the site. KUALA LUMPUR (Nov 6): JAKS Resources Bhd (KL:JAKS) on Wednesday said it has agreed to pay…
Read MoreHaving a high credit score can help you get a better mortgage, pay less interest and access to more financing options. No one can dispute the fact that credit scores have proven time and time again to be major determinants in property transactions. In today’s increasingly interconnected world, credit scores have become a crucial factor…
Read MoreThe Department of Statistics Malaysia (DOSM) estimated that Malaysia may become an aged nation by 2030. Malaysia’s population is beginning to age. Our Southeast-Asian nation is undoubtedly experiencing rapid ageing thanks to its growing segment of elderly individuals. This phenomenon is much more pronounced in urban areas, where younger people have migrated away in search…
Read MorePets today even share seats at restaurants and are rocked to sleep in a pram. Moving to a new home can be a stressful experience for both humans and pets. Everything from the packing to transportation is a transition to a different environment. The disruption to their daily routine can induce anxiety and behavioural changes…
Read MoreLawyers dispute govt’s claim Semantan Estate only entitled to compensation, not return of Duta Enclave land Following the long-standing pre-Merdeka land dispute case, a three-member Court of Appeal (COA) bench hearing two separate appeals by Semantan Estate and one appeal by the government over having to transfer the land to the company free of encumbrances,…
Read MoreKUALA LUMPUR (Nov 7): Eco World Development Group Bhd announced today that following its participation in a request for proposal process initiated by Boustead Properties Bhd, it had inked several agreements to develop 10 parcels of freehold land measuring 847.249 acres in aggregate (New Land). These include the entry by its 81%-owned subsidiary, Mutiara Balau…
Read MoreKUALA LUMPUR (Nov 16): The Employees Provident Fund (EPF) has set aside a provision of RM24 million following an accounting adjustment at its Battersea joint venture (JV) firm. The Ministry of Finance (MOF) said the provision was attributed to EPF’s 20% stake in the JV firm Battersea Project Holding Company Ltd (BPHCL). BPHCL has, in…
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