(The edge property, 26/04/2016)
Check out updates on top property news and information about property in Malaysia. All is effective property news for investment decision. This covers all types of property and land transactions, Property Market, Property Investment, Real Estate, Retail Shop Malaysia, Condominium Malaysia, Houses Malaysia and all others property related matters in Malaysia.
Wednesday, 11 May 2016
Hektar REIT eyeing malls in second-tier cities
Hektar Real Estate Investment Trust (REIT) is identifying potential acquisition targets across the country to widen its portfolio under management. Its portfolio currently comprises shopping malls: Subang Parade in Subang Jaya, Mahkota Parade in Melaka, Wetex Parade in Muar, Johor, Central Square and Landmark Central in Kedah. They had a total net lettable area (NLA) of 1.8 millionsf, with average occupancy rate of 96.6% as at Dec 31, 2015. Currently, the trust manager is keen to purchase a neighbourhood mall in one of the country’s second-tier cities and has allocated RM20 million to raise the overall NLA of Landmark Central in Kulim, Kedah by 20,000sf to 300,000sf.
(The edge property, 26/04/2016)
(The edge property, 26/04/2016)
Sunsuria Bhd set to launch Sunsuria City Apartments and SOHO units in Q32016
Sunsuria Berhad will be launching its first residential property, the Sunsuria City Apartments (Plot 3A) as well as the SOHO units of its mixed development project (Plot 1B) at Sunsuria City in the third quarter of 2016. The 525-acre Sunsuria City located at Putrajaya South, Salak Tinggi has an estimated gross development value (GDV) of RM10 billion and comprises residential, mixed commercial, commercial and transit-oriented developments. There will be a proposed school, recreational park, university campus and an outlet mall.
(iProperty, 01/04/2016)
(iProperty, 01/04/2016)
Cyberjaya high-rise project on track
Developer UEM Sunrise Bhd recently completed the topping out for Verdi eco-dominiums, the high-rise component of 40-ha boutique development in Symphony Hills, Cyberjaya, this signified the structural completion of the development. Located on 3.7-ha freehold land, it features two residential towers of 44 and 45-storeys housing a total of 800 units with built-up area ranging from 700sf to 1,453sf. The price range between RM528,800 and RM1,187,800. Verdi is set within a gated-and-guarded smart community conceived with convenience, comfort and security in mind offering smart-home features and community connectivity through high-speed broadband.
(Star Property, 01/04/2016)
(Star Property, 01/04/2016)
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