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Economy/Property Market

Pavilion REIT’s net property income dropped 57% in 2Q2020

July 24, 2020 propsquare 0

Pavilion Real Estate Investment Trust (REIT) said its net property income (NPI) for the April-June quarter declined 57.23% to RM39.07 million, from RM91.35 million a […]

IGB REIT reports steep declines in Q2 results

July 20, 2020 propsquare 0

IGB REIT, the owner of the Mid Valley Megamall and The Gardens Mall, posted steep declines in revenue and earnings in the second quarter ended […]

Positive outlook for Malaysia’s industrial property market, Shah Alam industrial area to see more redevelopment

July 14, 2020 propsquare 0

The outlook for Malaysia’s industrial property market is looking favourable as it is expected to see more enquiries, especially from manufacturers, said independent property consultancy […]

KL is the world’s cheapest city to buy a luxury home, according to Savills

March 6, 2020 propsquare 0

source: EdgeProp Kuala Lumpur was the world’s cheapest city in 2019 to buy a luxury home based on a survey of 28 cities across the […]

Budget 2019: Highlights for Property Industry

November 4, 2018 propsquare 0

Following are the property market’s highlights of Budget 2019 1. For companies, non-citizens and non-PR holders, Real Property Gains Tax (RPGT) will be increased from 5% to 10%. For […]

KL luxury condo segment likely to improve, says Knight Frank

August 23, 2018 propsquare 0

An uptick in enquiries from potential buyers due to renewed confidence in the new government has been noted by property consultancy Knight Frank, and the […]

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