Berjaya Land up 15.97% on significantly higher 2Q net profit
At 10.07am, shares of BLand rose 11.5 sen to 83.5 sen, with 152,900 shares changing hands.
EcoWorld records RM3.02 bil sales for FY15, surpasses target
The group's four projects in the central region contributed RM1.579 billion, testament to the underlying strength and resilience of demand in the Klang Valley and its surrounding areas which, collectively, have the largest population base and highest per capita income levels in the country
Spring Gallery tapping into Terengganu’s property market for future growth
Previously known as PFCE Bhd, the group had on Nov 12, 2015 received its second managing contractor agreement worth some RM147 million for the development of a three-storey shopping complex and a 12-storey three star hotel in Kemaman district, Terengganu.
ECONOMIC REPORT 2015/16: Average cost of Malaysian homes hits the RM300,000 mark in 1H15
Preliminary data for the second quarter of 2015 showed the Malaysian Housing Price Index registering 220.2 points, which indicates that the country's home values have more than doubled since 2000, according to the Economic Report 2015/16 released today.
Glomac calls on Bank Negara to ease lending rules
Datuk Seri Fateh Iskandar Mohamed Mansor, president of the Real Estate and Housing Developers’ Association Malaysia, said there are concerns about a growing number of housing loan applications being rejected by banks for purchases of affordable homes of up to RM500,000.
WCT bags 1MDB Real Estate contract worth RM70.4 mil
The contract will see WCT taking on the proposed earthworks of Lifestyle Quarter for Phase 1 of the proposed mixed development at the Tun Razak Exchange in the heart of Kuala Lumpur.
Newly-listed Al-Salam REIT targets to get 3 new assets within two years
Al-Salam REIT chief executive officer Datuk Kamaruzzaman Abu Kassim said the assets will be a combination of retail and offices within the vicinity of Kuala Lumpur and the state of Johor.
Berjaya Land 1QFY16 net profit plunges 73.7% on higher prize payout, GST expense
In a filing with Bursa Malaysia yesterday, BLand said its hotels and resorts businesses also reported lower profit contributions as well as higher finance costs in 1QFY16.
UEM Sunrise plans to issue RCPS instead of new shares to raise up to RM793 mil
Under the new UEMS-RCPS agreement, UEMG agrees to subscribe for up to 793 million of the five-year UEMS-RCPS at an issue price of RM1 each for an aggregate sum of up to RM793 million, to be satisfied fully in cash.
Glomac sees flattish 1Q profit amid soft property market
The group’s revenue for the period grew 15.5% to RM123 million from RM106.5 million in 1QFY15, mainly due to steady construction progress in Glomac’s ongoing projects, namely Lakeside Residences, Saujana Rawang, Glomac Centro and Reflection Residences.
