Daily Industry News Update (22 May 2022)

PKNS expects to record profit of up to RM300 mil this year — MB

The Selangor State Development Corporation (PKNS) expects to be able to record profits of up to RM300 million this year.

Sunway REIT’s 1Q net property income jumps 77% on strong pick up in business activities

Sunway Real Estate Investment Trust’s (Sunway REIT) net property income (NPI) for the first quarter ended March 31, 2022 (1QFY22) jumped 77.4% year-on-year (y-o-y) to RM118.9 million  from

How to buy property with a monthly salary of RM3,000

Here’s a hypothetical scenario: Max is currently 25 years old and earns a monthly salary of RM3,000. He recently came across a unit close to his workplace, located next to a LRT station and shopping mall.