Pavilion REIT’s net property income dropped 57% in 2Q2020
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 […]
Economy/Property Market
IGB REIT reports steep declines in Q2 results
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
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
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
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
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 […]