IGB REIT and IGB Commercial REIT reported higher earnings in the first quarter ended March 31, 2025, but warned investors of challenges ahead.

AME Real Estate Investment Trust (KL:AMEREIT) on Wednesday reported a marginal increase in net property income (NPI) for its fourth financial quarter, thanks to contributions from two newly-acquired industrial properties which were, however, offset by higher operating expenses.

Sarawak Consolidated Industries Bhd (KL:SCIB) on Wednesday clarified that its subsidiary’s RM19.72 million recovery claim against Awana JV Suria Saga Sdn Bhd has not been withdrawn, but has instead been consolidated into a main suit to streamline litigation proceedings.

Noteworthy:

• Freehold
• Built-up size: 3,800 sq ft
• Land size: 2,690 sq ft
• Semi-furnished
• 4 bedrooms, 4 bathrooms
• Nearby amenities: Mid Valley Megamall, Pantai Hospital, Universiti Malaya Medical Centre, Kuala Lumpur Golf Country Club
• Accessibility: Federal Highway, New Pantai Expressway (NPE), Jalan Syed Putra, Setiawangsa-Pantai Expressway (SPE)

When: January 2025

Investing in property might sound unattainable in your 20s, because, don’t you need hundreds of thousands of ringgit to begin? Experts at YouthFest 2025 debunked the perception that substantial capital is a barrier to entry, emphasising that you don't need a lot of money to step onto the first rung of the property investment ladder.

Johor Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han announced that Forest City’s Special Financial Zone (SFZ) has welcomed its first two family offices, CMY Capital Family Office and Yow Kee Family Office, and attracted interest from 30 other companies to set up operations in Johor Bahru.

PropNex Malaysia is aiming to generate RM60 million in sales at its upcoming Property XPO 2025, set to take place on July 26 and 27 at Connexion Conference & Event Centre (CCEC)

MGB Bhd proposes to settle RM7.23 million with joint venture partner Aset AZG Sdn Bhd (AASB) to kick start a serviced apartment project in Cameron Highlands which has been on the back burner for six years.

Noteworthy:

• Freehold
• Built-up size: 130,684 sq ft
• Nearby amenities: Klang Parade, NSK, Shah Alam Community Forest Trail, Fairy Park Klang, SMK Meru
• Accessibility: New Klang Valley Expressway (NKVE), Shahpadu Highway, Federal Highway

When: February 2025

The bank filed the suit in February, and had on April 18 applied to amend its statement of claim to include Kee’s estate.