Whether it is high-rise or landed, features promoting family bonding take precedence By Joseph Wong IF the StarProperty Awards 2024 Real Estate Developer Edition is taken as an indication of the importance of family-friendly homes, then the fact that 14 property developers are competing for the four sub-categories is indeed a telling sign. This is…
Read MoreA smaller unit in a smaller world By Yanika Liew As Malaysia sees a slowdown in population growth, families across the nation are getting smaller and smaller. Swap out the stereotypically large landed properties for high-rise units, because family homes may mean something different today. Between the necessity of space and privacy, architects navigate new…
Read MoreProperty developer EcoFirst Consolidated Bhd posted a net loss of RM5.5 million for the third quarter ended Feb 29, 2024 (3Q24), widening its nine-month net loss to RM28.9 million. In the same quarter, the Kuala Lumpur-based group saw its revenue jump more than 10 fold to RM45.3 million on the back of sales generated from…
Read MoreIt also decided that KPKT and the industry should join forces to study Material Flow Analysis in calculating the national recycling rate, starting with the plastic commodity sector before expanding to other commodities such as metal, paper, textile and so on to improve data collection and reporting methods for a more comprehensive depiction of circular…
Read MoreKUALA LUMPUR (May 1): Atrium Real Estate Investment Trust (REIT) saw its net rental income increase by 20.24% to RM10.65 million for the first quarter ended March 31, 2024 (1QFY2024), from RM9.22 million a year before. The improvement was due to higher revenue, which was up 20.29% to RM11.85 million in 1QFY2024 from RM9.85 million…
Read MoreKUALA LUMPUR (April 30): Chin Hin Group-linked Chiau Haw Loon and Chiau Haw Yew have emerged as the second largest shareholder of Ge-Shen Corp Bhd after acquiring a 18.31% stake in the company. The brothers, via private entity Enrich Signature Sdn Bhd, bought 23 million Ge-Shen shares from Ge-Shen’s managing director Chan Choong Kong, company…
Read MoreKUALA LUMPUR (April 30): The High Court has ruled that the Joint Management Body (JMB) of Centrestage Petaling Jaya had the right to claim certain areas in the development as common areas and not private areas belonging to the developer and the purchaser. Court of Appeal Judge Wong Kian Kheong in his judgment on Feb…
Read MoreLooking for a property that comes with open spaces that allow you to connect with Mother Nature freely? Here are some townships that offer a perfect blend of greenery, recreation and beautiful homes.Presented in chronological order of launch year. 1 Central Park, IOI Resort City Developer: IOI Properties Group BhdLaunch year: 1995Location: Putrajaya, SelangorPark size: 10…
Read MoreBoth REITs have garnered positive sentiment from local research houses, with continued attention to their respective performances by HABHAJAN SINGH THESE two real estate investment trusts (REITs) have shown commendable performance in the first three months of 2024. Pavilion REIT started the year with a higher topline thanks to income from new property Pavilion Bukit…
Read MoreKUALA LUMPUR (April 30): Gadang Holdings Bhd has called off its planned acquisition of a 21.08-acre land in Kwasa Damansara — known as R3-1 — for RM114.78 million from Kwasa Development (3) Sdn Bhd (KD3), to be developed into a residential project. The termination came after the builder-cum-property developer failed in its appeal to the…
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