Want to savour the taste and environment of Taiwan without having to take a flight all the way there? Then head over to Tropicana Metropark Property Gallery, Subang Jaya, this weekend (Feb 11 and 12) to check out a Taiwanese Street Market Event.

Hektar Real Estate Investment Trust (Hektar REIT) said it carried out a revaluation on six of its investment properties, resulting in a net fair value gain of RM41.6 million.

Crescendo Corp Bhd (CCB) is buying three plots of land measuring 109.855 acres in Kota Tinggi, Johor, to expand its landbank.

Retailers and hoteliers are urging the government to provide commercial users a moratorium till end-2023 on the newly implemented electricity surcharge — which has been upped to 20 sen per kWh since the start of this year from 3.7 sen per kWh throughout 2022 — so that their businesses can first recover from the pandemic's impact.

Malaysia’s overall residential overhang situation has improved in the third quarter of 2022 (3Q2022) to 29,534 units, from 34,092 units in the previous quarter, according National Property Information Centre (Napic) director Aina Edayu Ahmad.

UEM Sunrise Bhd’s plan to buy a freehold land situated near the Kuala Lumpur Convention Centre (KLCC) has fallen through after conditions precedent under the sale and purchase agreement (SPA) were not fulfilled within the conditional period, which expired on Tuesday (Feb 7). 

Putrajaya Holdings Sdn Bhd (PjH) kicked off the year with the launch of Residensi Sakura in Precinct 11, Putrajaya on Feb 4 and 5.

Noteworthy:

• Rented
• Built-up size: 7,000 sq ft
• Land size: 24,000sq ft
• 6 bedrooms, 7 bathrooms
• Semi-furnished
• Nearby amenities: Convenience stores, Suria KLCC, KL Tower, Pusat Sains Negara, KLCC LRT Station
• Accessibility : KESAS highway, EKVE highway, Ampang-Kuala Lumpur Elevated Highway (AKLEH) 

When: January 2023

Kerjaya Prospek Group Bhd has accepted another contract for the Seri Tanjung Pinang (STP) development in Penang, this time worth RM398 million, for the construction of coastal protection structure.

Loss-making property developer Tanco Holdings Bhd is buying a 50.1% stake in a real estate online sales submission and processing platform operator for RM20 million cash.Loss-making property developer Tanco Holdings Bhd is buying a 50.1% stake in a real estate online sales submission and processing platform operator for RM20 million cash.