Ibraco’s 3Q profit down 61%, plans to launch more projects
Variance in sales and completion status of projects during the quarter compared with a year ago, also impacted its earnings, it said in a bourse filing today.
IJM Land launches final phase of Penduline parcel in Bandar Rimbayu
IJM Land Bhd, the property development arm of IJM Corp Bhd, has launched the final phase of Penduline homes at its Bandar Rimbayu township in Telok Panglima Garang, Selangor.
Restrict foreigners from buying island's heritage properties, says Penang Gerakan Youth
Its assistant secretary, Loh Kit Mun, questioned the statement by state executive councillor Jagdeep Singh Deo that the state government could not limit or stop people from buying heritage properties as it was against the federal constitution.
Penang wants upgraded main drains for new development projects
Developers of new developments in the city will be required to upgrade the main drain in their development areas to solve the flash floods problem in the state.
PAM: More structured development planning needed to avoid floods
PAM’s president Dr Mohd Zulhemlee An said a local plan that takes into account the projected population growth and infrastructure needs of an area could avoid disasters related to infrastructure inadequacies.
YTL 1Q profit down 25% as earnings from most divisions fall
The property investment and development division saw a 6% decline in PBT to RM38.38 million on lower unrealised gains on foreign exchange, as the Singapore dollar weakened against ringgit during the quarter.
TheEdgeProperty.com introduces first of its kind award in Malaysia
The inaugural TheEdgeProperty.com Malaysia’s Best Managed Property Awards 2017 is now open for submissions until Jan 16, 2017.
MRCB sells RM180 million plot of land to MRT Corp
The land is located along Jalan Conlay below which the MRT Line 2 is expected to connect the Conlay and Tun Razak Exchange stations.
Future space functionality redefined
Space, and how people interact with it, is ever evolving.
