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DONE DEAL: Single-storey semidee house at SS14, Subang Jaya, Selangor

Noteworthy:

  • Freehold

  • Built-up: 2,200 sq ft

  • Land size: 3,692 sq ft

  • Unfurnished

  • Four bedrooms, two bathrooms

  • Amenities: Shopping malls such as Sunway Pyramid, SS15 Courtyard, Citta Mall, Subang Parade and Empire Subang, tertiary educational institutions, wet market, shoplots with convenience stores and eateries nearby, Sunway Medical Centre and Subang Jaya Medical Centre

  • Accessibility: KESAS (Shah Alam Expressway), Federal Highway, NKVE (New Klang Valley Expressway), LDP (Damansara-Puchong Highway) and NPE (New Pantai Expressway), plus SS15 LRT Station

When: March 2022

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BNM raises OPR to 2% from record low of 1.75%

Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) on Wednesday (May 11) increased the overnight policy rate (OPR) by 25 basis points to 2% from a record low of 1.75% as global inflationary pressures have increased sharply and after taking into account that the sustained reopening of global economy and improvement in labour markets continue to support the recovery of economic activity from the impact of Covid-19-driven movement restrictions.

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DONE DEAL: Office at Mercu 2, KL Eco City, Kuala Lumpur

Noteworthy:

  • Leasehold

  • Built-up: 14,177 sq ft

  • Fully furnished

  • Amenities: Mid Valley Megamall, The Gardens, medical centres, clinics, hotels and schools

  • Accessibility: Federal Highway, New Pantai Expressway (NPE), Jalan Bangsar and Jalan Maarof, as well as public transports including Abdullah Hukum LRT and Mid Valley KTM stations

When: March 2022

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Pensonic sells land with factory in Penang to paper pulp maker for RM15.8m

In a bourse filing, Pensonic said its wholly-owned Pensia Electronic Sdn Bhd (PESB) has inked a sale and purchase agreement (SPA) with HZGP on Monday (May 9) to dispose of the plot, which measures 1.2ha, together with the structures on it, comprising an office block and two two-storey warehouses, a guard house and ancillary buildings.

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