Editor's Pick

DONE DEAL: Shoplot at Taman Lestari Putra, Seri Kembangan, Selangor

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

Risks and opportunities in proptech adoption

“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.

DONE DEAL: Shop at SS 4, Petaling Jaya, Selangor

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

Kenanga upgrades EcoWorld to 'outperform' after higher 2Q profit

EcoWorld's net profit increased to RM45.67 million for 2QFY22 from RM42.32 million for 2QFY21 due to higher sales and percentage of project completion achieved, as well as the realisation of cost savings for several completed and nearly-completed phases.