RHB Retail Research said Avaland Bhd (formerly known as MCT Bhd) is eyeing for a technical breakout as it rebounded above the 21-day simple moving average (SMA) line, touching 26 sen on stronger trading volume.
Noteworthy:
When: September 2023
.jpg?EWJ2YPE693d4EHcokTArZxhrZ1V9ZdBh&itok=-v7rPPTL)
Tropicana Corporation Bhd closed 2023 on a high note, recording RM1.4 billion property sales and bagging 11 accolades from eight industry awards.
Investment in Asia-Pacific cold storage real estate will likely cross US$2 billion (RM9.26 billion) between now and 2030, compared to a US$948 million high in 2021, according to international commercial real estate and investment management company JLL’s latest research report, Cold chain, unlocked: The cold storage opportunity in Asia Pacific.
RHB Investment Bank Bhd (RHB IB) has maintained its "overweight" rating of the construction sector, projecting an upswing in contract roll-outs throughout 2024.
Kerjaya Prospek Group Bhd has bagged a contract worth RM170.94 million from Persada Mentari Sdn Bhd, an indirect subsidiary of Eastern & Oriental Bhd, for the development of a 45-storey building on Andaman Island, Penang.
The real estate investment trust (REIT) sector would be minimally affected by the high-value goods tax, as tenants' profit sharing is less than 10% of the mall’s total revenue, while the potential impact on luxury goods buyers is likely to be limited due to their comparatively lower price sensitivity given their large purchasing power, according to Hong Leong Investment Bank (HLIB).
Setia AlamImpian celebrated the coming New Year with an Epic Finale countdown concert in the township’s LakePoint Club.
Nestcon Bhd has bagged RM251.5 million in construction works for a mixed development project in Mukim Petaling in the Klang Valley.
Noteworthy:
When: July 2023
The only property app you need. More than 200,000
sale/rent listings and daily property news.
