Sunway Real Estate Investment Trust’s (Sunway REIT) net profit widened to RM74.51 million in the second quarter ended June 30, 2022 (Q2 FY2022) from RM33.52 million a year earlier contributed mainly by the sharp improvement in the retail segment.
TRX Residences’ new digital platform called the TRX Residences Personas Showcase will go live on the development’s website on Aug 29.
Industrial space solutions provider AME Elite Consortium Bhd and Majestic Builders will jointly develop a RM1 billion gross development value (GDV) integrated industrial park in Seberang Perai Tengah, Penang.
The data centre market in Malaysia, which was a rising trend last year, is expected to witness steady growth in the upcoming years, according to real estate service firm JLL in a webinar titled "Data Centre as the New Real Estate Deal" held on Thursday (Aug 18).
The suit filed by 37 unit owners of K-Residence against developer KL Landmark Sdn Bhd and three others including Duta Land Bhd CEO Tan Sri Yap Yong Seong, will proceed through trial for six days beginning Oct 13.
S P Setia Bhd has recorded a total sales of RM1.67 billion for the first six months of the year ending June 30.
Noteworthy:
When: April 2022
The land has been approved for the development of one 27-storey block of studio apartments and serviced apartments.
Batu Kawan Bhd's net profit declined 21.26% year-on-year (y-o-y) to RM304.3 million for the third quarter ended June 30, 2022 (3QFY22) from RM386.465 million in the previous corresponding quarter of 3QFY21, despite higher revenue, because the previous year had accounted for non-operational gains.
For those who made extensions that have not been approved, and if Kuala Lumpur City Hall (DBKL) comes to your premises to tear down the illegal extension, be prepared to be up to RM20,000 poorer.
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