The Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) has elected Pavilion REIT Management Sdn Bhd CEO Datuk Philip Ho Yew Hong as the new chairman for a two-year term at its annual general meeting on June 16.

The proposed by-pass Perak alternative expressway from Gopeng to Kuala Kangsar has been approved in principle by the Cabinet, according to a news report.

Noteworthy:

•  Leasehold
• Built-up: 3,200 sq ft
• Land size: 2,863 sq ft
• Unfurnished
• Four bathrooms
• Amenities: AEON Mall Taman Equine, Giant Seri Kembangan and Bandar Putra Permai commercial hub
• Accessibility: Damansara-Puchong Highway (LDP), South Klang Valley Expressway (SKVE) and Maju Expressway (MEX)

When: April 2022

Construction services company Tuju Setia Bhd is tendering for RM2.8 billion worth of projects to build high-rise and industrial buildings, as well as hospitals and healthcare facilities.

“The nature of proptech is such that its solutions are end to end. Functional silos often seen in many real estate companies constrain the end-to-end solutions that proptech has to offer. A single solution may require multiple stakeholders to agree,” said EdgeProp’s Ong.

State Works, Transport and Infrastructure Committee chairman Mohamad Fazli Mohamad Salleh said works on the Customs, Immigration, and Quarantine Complex are expected to reach 50% in the same period.

Noteworthy:
● Freehold
● Built-up: 2,000 sq ft
● Land size: 2,000 sq ft
● Unfurnished
● Amenities: F&B outlets, supermarkets and neighbourhood malls
● Accessibility: LRT Kelana Jaya, Damansara-Puchong Highway (LDP) and Federal
Highway

When: December 2021

The achievement marks Desa ParkCity as the first Malaysian entry to be shortlisted and awarded by the ULI APAC Awards for Excellence programme, widely recognised as one of the region’s most prestigious awards in the development community, the developer said in a statement today.

Situated on 4.55 acres of leasehold land in Setapak, SkyAwani 3 Residences comprises 1,905 units housed in three 52-storey towers.  

In a trading stocks note today, the research house said this, coupled with its above 30-day average trading volume, the stock may push above the immediate resistance of RM1.58.