“The main objectives of the proposed Residential Tenancy Act are to prepare legal provisions, specifically to protect homeowners’ and tenants’ rights, prepare a uniform template for residential tenancy agreements, create a dispute-resolution institution, specifically, to resolve disputes between parties involved in residential-tenancy transactions,” the updates said.

In a Bursa Malaysia filing on Wednesday (Feb 23), the group said its quarterly revenue surged by 67.53% to RM4.11 billion from RM2.45 billion, fuelled by higher revenue reported by its plantation segment amid increase in crude palm oil (CPO) prices. 

In a Bursa Malaysia filing on Wednesday (Feb 23), the property developer said its quarterly revenue fell by 18.85% to RM496.34 million from RM611.64 million in 4QFY20.

According to EdgeProp Singapore, the partnership was established by a signed agreement between two companies on Nov 22, 2021. The partnership entails that the digitalisation of GuocoLand’s portfolio is expected to be implemented in its upcoming mixed-use development located at Lentor Central.

Noteworthy:

• Freehold

• Built-up: 1,254 sq ft

• Two bedrooms, two bathrooms

• Fully furnished

• Facilities: Infinity pool, water jets, wading pool, gym, spa room, indoor Jacuzzi, and function room

• Amenities: Several shopping malls, public transportation and night life at its doorsteps

When: July 2021

The clubhouse will house various facilities such as swimming pool, wading pool, gymnasium and space for recreational and yoga activities, and a multipurpose hall that can accommodate up to 250 people. There is also an outdoor cinema nearby the pool 

Gamuda said in a statement on Tuesday (Feb 22) to Bursa Malaysia that GBSG and Wai Fong Construction have formed an unincorporated JV on a 60:40 basis respectively, under which GBSG  is the lead member for the design and construction of the planned Defu station and tunnels along Tampines Road.

This is despite revenue for the quarter slipping 7.88% to RM251.11 million from RM272.59 million in 4QFY20, according to the property developer’s filing on Tuesday (Feb 22). 

In a statement on Tuesday (Feb 22), NCT Alliance executive chairman and group managing director Datuk Seri Yap Ngan Choy said key contributors to the group's improved quarterly performance were the sales from its Grand Ion Majestic and Grand Ion Delemen (GID) projects, coupled with recurring income from the leasing of its commercial units at GID.

In a Bursa Malaysia filing on Tuesday (Feb 22), the group said the proposed acquisition is in line with the fund’s investment objectives and growth strategy to provide the unitholders with stable income distribution and to achieve growth in the net asset value (NAV) per unit of Axis REIT, by acquiring high-quality, earnings accretive properties with strong recurring rental income.