The ‘Tok Mat factor’ played a big role in Barisan Nasional win. 

The news pulled its share price down near 4% from RM1.30 to settle at RM1.25 last Friday.

Now that ECRL is approved, investors may be tempted to take profit.

"With the existence of Sub-MCs, property managers can assure fairness to all parcel owners.” 

The 1QFY19 core net income was 163.9% higher year-on-year, mainly due to higher contributions from joint ventures (JVs) and positive ones from associates.

The land in a matured area with established neighbourhoods of Old Klang Road, Sri Petaling, Bukit Jalil and Salak South is just 800m to the Taman Naga Emas mass rapid transit station and 1.1km from the Kajang Dispersal Link Expressway and New Pantai Expressway.

“It is not a two-dimensional thing that we look at. It is a complex and multi-faceted area that we look at,” Governor Datuk Nor Shamsiah Mohd Yunus noted, when asked whether BNM will cut OPR.

Retail properties remain the key driver for Sunway REIT, especially the Sunway Pyramid Mall contributing 56% of total net property income.

Involvement in the development of North Jakarta’s Islamic Financial District (IFD).

Following the recent cancellations/postponements of megaprojects and downsizing of the mass rapid transit 2 and LRT3 projects, coupled with a slower property market, we expect competition in project tenders to intensify.