Noteworthy:

• Built-up size: 5,000 sq ft
• Land size: 9,500 sq ft
• 5 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Convenience stores, schools, Damansara City Mall, Bangsar Shopping Centre, MRT Semantan, MRT Pusat Bandar Damansara
• Accessibility: NPE highway, SPRINT highway

When: May 2023

AmanahRaya Real Estate Investment Trust (REIT) is planning to dispose of Holiday Villa Beach Resort & Hotel Spa in Langkawi, Kedah for RM145 million, cash, to trim its borrowings.

Real Estate and Housing Developers’ Association Malaysia (Rehda) has officially launched Rehda Institute Digital Resource Centre on Tuesday (June 27) at Wisma Rehda Kelana Jaya.

Prime Minister and Minister of Finance Datuk Seri Anwar Ibrahim has signed an agreement involving a government guarantee to Federal Land Development (Felda) to restructure the agency's loans through the issuance of sukuk and revolving credit, in an effort to restore the agency's finances. 

Kuala Lumpur jumped 19 positions to rank 94th on the Economist Intelligence Unit’s (EIU) Global Liveability Index 2023.

The Summit USJ shopping mall has unveiled on Tuesday (June 27), seven new tenants in an effort to revitalise the mall.

Al-‘Aqar Healthcare REIT (Al-‘Aqar REIT) plans to renew five lease agreements between three- and 15 years with the subsidiaries and associated company of KPJ Healthcare Bhd, the company with which it shares a common major shareholder — Johor Corp.

Power Root Bhd is buying 116 parcels of freehold residential land, totalling about 771,949 sq ft in Johor Bahru, Johor, for RM25 million in cash.

Malaysia Building Society Bhd (MBSB) is targeting to deliver a high return on equity (ROE) of 6.0%-6.5% this year, up from 5.2% in 2022, even as the Islamic commercial bank faces margin pressure arising from increasing cost of funds.

S P Setia subsidiary I&P Alam Impian Sdn Bhd has entered a partnership with UiTM Shah Alam to promote “artistic expression and creative lifestyles among its community”.