According to the property developer's filings with Bursa Malaysia on Thursday (Feb 24), revenue however dropped to RM136.45 million in the fourth quarter ended Dec 31, 2021 (4QFY21) from RM194.11 million

LoanReport also provides the indicative market price of a property together with a credit report from CCRIS and CTOS. This gives a realistic overview of the user’s eligibility in getting a loan.

A cash-out refinance is a mortgage refinancing option where you replace your existing mortgage loan with a new loan that has an even larger amount. Through this refinancing option, borrowers will have access to a lump sum of money, excluding moving cost, for them to use according to their goals. 

The partnership entails the development of design, construction and operation of recreational parks - to be called ESCAPE Kids, with the aim of elevating leisure areas with exciting and family-friendly attractions. 

The proposed Residential Tenancy Act (RTA) has been a hot topic of discussion since the year 2020 – which is unsurprising as Malaysia has never had any specific laws or acts governing landlords and tenants. The RTA is set to be tabled in the Parliament in Q1 2022 and the Malaysian government has been seeking feedback for the proposed enactment of the RTA through a one-month public consultation undertaken by the Ministry of Housing and Local Government (KPKT).

“The main objectives of the proposed Residential Tenancy Act are to prepare legal provisions, specifically to protect homeowners’ and tenants’ rights, prepare a uniform template for residential tenancy agreements, create a dispute-resolution institution, specifically, to resolve disputes between parties involved in residential-tenancy transactions,” the updates said.

In a Bursa Malaysia filing on Wednesday (Feb 23), the group said its quarterly revenue surged by 67.53% to RM4.11 billion from RM2.45 billion, fuelled by higher revenue reported by its plantation segment amid increase in crude palm oil (CPO) prices. 

In a Bursa Malaysia filing on Wednesday (Feb 23), the property developer said its quarterly revenue fell by 18.85% to RM496.34 million from RM611.64 million in 4QFY20.

Noteworthy:

• Freehold

• Built-up: 1,254 sq ft

• Two bedrooms, two bathrooms

• Fully furnished

• Facilities: Infinity pool, water jets, wading pool, gym, spa room, indoor Jacuzzi, and function room

• Amenities: Several shopping malls, public transportation and night life at its doorsteps

When: July 2021

In a filing with Bursa Malaysia on Wednesday (Feb 23), SunCon said its construction segment reported a revenue of RM579.9 million and a profit before tax (PBT) of RM88.7 million compared with revenue of RM585 million and PBT of RM37.3 million in the corresponding quarter of the preceding financial year.