News by M

Its quarterly revenue dropped 52.3% to RM73.95 million in 3QFY2017 from RM154.98 million a year ago.

Malaysia Building Society Bhd’s share price may consolidate after a strong price action.

This year will see acquisitions and mergers for some developers in Malaysia. This is based on observations I have made on the housing industry in three Asean markets in the past 12 months.

By 2030, Asia’s burgeoning smart home market will grow to US$115 billion (RM513 billion), accounting for 30% of the global share, according to global management consulting firm A T Kearney.

Despite a slow property market, the sector continues to attract investment from China. China Communications Construction Company Ltd (CCCC) — the largest port construction and dredging company in China — will soon follow its peers, such as China Railway Engineering Corp, in venturing into property development in Malaysia.

Having been in the real estate sector for over 20 years, Homefield Real Estate Sdn Bhd director Munirah Mohammad believes there is no replacement for hard work when it comes to serving customers.

Ever since the emergence of home-sharing start-ups, many property owners have been getting in on the home-sharing economy by converting their homes, be they houses or apartments, into short-term rental stays.

The serviced apartments in the 34-storey tower have built-ups of 616 to 3,745 sq ft, and are priced from RM395,000 to RM2.32 million.

The lou sang dinner to usher in the lunar new year saw about 100 representatives from the property development industry in Johor including committee members of the Johor branch of the Real Estate and Housing Developers Association attending the event.

The closure would not have any operational impact on the other outlets of the company and its subsidiaries, Only World said in a filing with Bursa Malaysia today.