News about myedgeprop

The acquisition of the service centres, one in Seksyen 51A of Petaling Jaya and another in Batu Caves in Gombak, is expected to generate a starting gross yield of about 6.

But the declines in topline contribution were offset by higher year-on-year revenue across the group’s other segments, led by the road maintenance and property development divisions.

On prospects for the quarters ahead, KLCC Stapled Group said Suria KLCC maintains a positive outlook despite heightened competition, while Mandarin Oriental is strategically positioned to leverage the favourable economic climate, strengthening its collaboration with KLCC precinct partners.

Its property segment recorded a six-fold jump in profit before tax to RM33.

Its group managing director Datuk Azmir Merican Azmi Merican said the group’s financial result for the first quarter ended March 31, 2024 (1QFY2024) serves as a strong testament to the effectiveness of having a good product mix as a tool to fortify margins.

The data centre in Malaysia will be situated on a 49-acre (19.

The group maintained a gross gearing ratio of 0.

The Kuala Lumpur High Court ordered the bank to pay close to RM65,000 in damages to the house buyer, in addition to a sum the court will decide on after assessing the man’s loss of the property and his subsequent loss of reputation on being blacklisted by the Central Credit Reference Information System (CCRIS) and CTOS data system.

Core net profit for the first three months ended March 31, 2024 (1QFY2024) accounted for 29% of consensus’ full-year estimates, which was above expectations, as analysts noted that SimeProp usually reports stronger results in the second half.

DONE DEAL: Bungalow, Damansara Heights, Kuala Lumpur DONE DEAL: Condominium, Menara Bukit Ceylon, Bukit Ceylon, KL A majority of landed properties in Ukay Heights fall in the >8,000 sq ft range, and non-landed properties are sized in the 1,000-1,500 sq ft range.