Geopolitical shifts set to boost Sabah’s industrial growth and benefit real estate sector
Minister highlights catalysts to Sabah’s property market, but experts point out issues that need to be noted to align with the progress.
Airbnb launches responsible hosting guideline for short-term rentals in Malaysia
The guide provides strata hosts, property managers, joint management bodies (JMB), management corporations (MC) and developers with a toolkit of resources to conduct short-term rentals responsibly in their apartment buildings and condominiums.
Eco World Development’s 2Q net profit up 12%, declares two sen dividend
The group achieved RM2.
Courtyard by Marriott opens new hotel in KL
The 278-key hotel features standard and deluxe rooms, one-bedroom suites and presidential suites.
Malton and RHB collaborate to offer green home financing for River Park
Through RHB’s innovative Green Home Financing programme, River Park buyers can enjoy a loan margin of up to 95%, along with a 5% MRTA/MRTT/FEC (Mortgage Reducing Term Assurance/Mortgage Reducing Takaful Term/Finance Entry Cost).
Perak Corp refutes claims of land losses due to unpaid rent
In a bourse filing, the Practice Note 17 (PN17) company stated that when the land confiscation occurred, Perak Corp had already derecognised the assets and liabilities of its wholly owned subsidiary PCB Development Sdn Bhd and PCB Development’s 51%-owned subsidiary Animation Theme Park Sdn Bhd from the consolidated statement of financial position as of Dec 20, 2021.
EcoWorld International achieved RM518 million sales, declares six sen dividend
Embassy Gardens, which brought in RM166 million sales, was the biggest contributor, followed by Wardian (RM153 million) and Millbrook Park (RM41 million).
After over a decade, LBS Bina exits investment in Zhuhai motor racing circuit for RM124.74 mil cash
LBS Bina said the proposed disposal would result in a pro-forma disposal gain of about RM80 million, improve its net asset by about 10%, and reduce its gearing from 0.
KTI Landmark closes 5% below IPO price on ACE Market debut
It was among the top 20 active counters on the exchange, with 35.