Sales came mainly from local projects, which contributed RM2.34 billion or approximately 87%, while international projects contributed another RM359 million or approximately 13% of sales.

For the property development division, Kobay expects positive performance in FY23, on the back of completion of its maiden Langkawi projects by year-end.

“We hope to launch Noöra by the end of November, and we will be having a priority sale for our registrants,”

Noteworthy:

• Leasehold
• Built-up size: 600 sq ft
• 3 bedrooms, 2 bathrooms
• Semi furnished
• Nearby amenities: Schools, convenience stores, Sunway Velocity Mall, Ampang Point Shopping Centre, LRT Ampang, LRT Pandan Jaya,
• Accessibility: EKVE highway, SPE highway, Federal highway

When: June 2022

“We have learnt about how capable the portal is and the platform and tools that come with it. That is why we have decided to work with EdgeProp.”

Talks of the government wanting to promote second-generational loans or dual-generation housing loans are rife, but what is the cost to the rakyat?

Hektar Real Estate Investment Trust (Hektar REIT)’s third quarter net property income (NPI) rose 77.2% to RM18.31 million from RM10.34 million a year earlier, mainly due to higher revenue recognition and improved NPI margin, besides reversal of impairment losses of trade receivables.

Noteworthy:

• Leasehold
• Land size: 5,425 sq ft
• Built-up size: 3,500 sq ft
• 4 bedrooms, 4 bathrooms
• Unfurnished 
• Nearby amenities: Convenience stores, schools, Beacon Hospital,  Universiti Malaya Medical Centre (UMMC), Amcorp Mall, Jaya Mall, Paradigm Mall,  LRT Taman Paramount, LRT Taman Bahagia. 
• Accessibility: NPE highway, KESAS highway, Federal highway

May 2022

Hana Residences is slated for completion in the third quarter of 2025 and has a total gross development value of RM403 million.

This is the REIT's second cash call in less than a year after it completed a private placement on Dec 20, 2021, which raised gross proceeds of RM334.72 million.