Construction outfit Kerjaya Prospek Group Bhd announced that its 49%-owned subsidiary Kerjaya Bina BMK Sdn Bhd has accepted a letter of award (LOA) from BBCC Development Sdn Bhd — a joint venture company between Employees Provident Fund, UDA Holdings Bhd and Eco World Development Group Bhd.

Noteworthy:

• Rented
• Built-up size: 1,880 sq ft
• 4 bedrooms, 4 bathrooms
• Fully-furnished
• Nearby amenities: Supermarkets, Subang Parade, Empire Subang mall, universities, schools, LRT Subang, LRT Glenmarie
• Accessibility: Federal Highway, KESAS Expressway, Damansara - Puchong Highway (LDP), New Klang Valley Expressway (NKVE)

When: December 2022

Since 2013, banks have somehow been “selling” and “billing” the security documents to lawyers for prices ranging between RM100 and RM600.

Bank Negara Malaysia wants banks to cease charging a fee relating to the provision of housing loan or home financing documentation for financial customers.

MARC Ratings has assigned preliminary ratings of AIS(cg)/MARC-1IS(cg) to SkyWorld Capital Bhd’s proposed RM300 million Islamic medium-term notes (MTN)/commercial papers programmes with a stable outlook. 

Australia-based EXAL marked its entry into the Malaysian property market late last year with a sustainable space for multi-generational living, the SÓL Estate project in Kuching, Sarawak.

NAZA TTDI Sdn Bhd kicked off its 50^th anniversary celebration this year with the launch of its “Harmony of Living” campaign yesterday.

Noteworthy:

• Leasehold
• Built-up size: 3,300 sq ft
• Land size: 1,650 sq ft
• 6 bedrooms, 5 bathrooms
• Fully-furnished
• Nearby amenities: Hypermarkets, schools, Selayang Mall, Sunway Putra Mall, MRT Kepong Baru
• Accessibility: DASH highway, NPE highway

When: November 2022

Pavilion Real Estate Investment Trust (Pavilion REIT) said its net property income in the quarter ended Dec 31, 2022 (4QFY2022) rose 17.17% to RM96.89 million from RM82.69 million, as higher rental income more than offset higher utilities and maintenance costs.

Loss-making builder Pasukhas Group Bhd has secured a RM21 million contract to build a production building, warehouse and three-storey office in Kulai, Johor.