The Tourism, Arts and Culture Ministry (Motac) knows that some Malaysia My Second Home (MM2H) agents had engaged in the unethical practice.

AmanahRaya Real Estate Investment Trust (REIT), which mainly manages commercial properties, is aiming to achieve a portfolio occupancy rate of at least 90% by the financial year ending Dec 31, 2025 (FY2025).

Research analysts covering IGB Real Estate Investment Trust (IGB REIT) remained sanguine on the stock’s prospects after it reported a 4.79% jump in its net property income (NPI) for the first quarter ended March 31, 2024 (1QFY2024) to RM124.24 million, from RM118.55 million a year earlier, thanks largely to higher rental income.

LBS Bina Group Bhd has declared total dividends of 2.7 sen per share for the financial year ended Dec 31, 2023 (FY2023), comprising a first interim dividend of 1.35 sen and a final dividend of 1.35 sen.

IGB Real Estate Investment Trust (IGB REIT) reported on Wednesday, a 4.79% jump in its first-quarter net property income (NPI) from a year earlier, thanks largely to higher rental income.

Noteworthy:

• Freehold
• Built-up size: 2,163 sq ft
• Semi-furnished
• 3 rooms, 2 bathrooms
• Nearby amenities: Persiaran KLCC and Ampang Park MRT stations, KLCC Park, Suria KLCC, Intermark Mall, Pavilion Kuala Lumpur, The Exchange TRX, Petronas Twin Towers
• Accessibility: AKLEH, Jalan Sultan Ismail, Jalan Tun Razak, Jalan Ampang, MRR1

When: November 2023

Noteworthy:

• Built-up size: 728 sq ft
• 1 car park
• Fully furnished
• 1 bedroom, 1 bathroom
• Nearby amenities: KLCC LRT station, Bukit Nanas monorail station, Ampang Park MRT station, KLCC Park, Suria KLCC, Intermark Mall, Pavilion Kuala Lumpur, The Exchange TRX, Petronas Twin Towers
• Accessibility: AKLEH, Jalan Sultan Ismail, Jalan Tun Razak, Jalan P Ramlee

When: March 2024

ParkCity Group has announced the launch of its maiden development in the city -- the 45-acre Kenny Heights.

Amalan Setar is expected to hand over 200 affordable housing units in Rawang this year, with a further 800 to 900 units expected to be completed and sold over the next couple of years.

The Sabah-based integrated property developer said the IPO comprises a public issue of 160 million new shares and an offer for sale of 45 million existing shares, representing 20% and 5.6% of the enlarged share capital of KTI respectively.