Property solutions company, The Makeover Guys (TMG) has collaborated with modern-home-decor brand HOOGA to introduce new styles and themes into home aesthetics.

AME Elite Consortium Bhd said it has secured its shareholders’ approval for the proposed listing of AME Real Estate Investment Trust (REIT) on the Main Market of Bursa Malaysia Securities Bhd, at an extraordinary general meeting held on Wednesday.

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

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.

The Building Material Cost Index (BCI) without steel bars and with steel bars has increased for all building categories between 0.1 and 3.6 per cent in April 2022 with Peninsular Malaysia between 0.6 and 3.4 per cent, Sabah between 0.1 and 2.4 per cent and Sarawak between 0.8 and 3.6 per cent, said the Department of Statistics Malaysia (DoSM).

Construction outfit Nestcon Bhd has received a letter of award (LoA) for a job worth RM85 million to design and build an integrated offsite scheduled wastes recovery facility in Kerteh, Terengganu.

Sunsuria Bhd has announced its collaboration with Affin Bank’s Home Step Fast/-i campaign to offer homebuyers a lifestyle ownership programme with a financing solution that allows them to pay a lower instalment for the first five years

Airbnb has welcomed the Penang state government's recent decision to regulate short-term rental accommodation (STRA), instead of banning it altogether.

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