News by M

OCR Land Holdings Sdn Bhd will launch The Pano — a residential and retail development at Jalan Ipoh Batu 3 in Kuala Lumpur, by end-September — said sales and marketing director Emily Ong.

About 36.2% of people surveyed by TheEdgeProperty.com believed that prices of properties will decline in the next 12 months, citing factors such as the current dampened economic sentiment, oversupply and lending curbs.

The Gamuda Bhd-led SRS Consortium confirmed that the initial cost of RM27 billion for the Penang Transport Master Plan (PTMP) has ballooned to an estimated RM46 billion, after additional components were added by Seberang Perai Municipal Council (MPSP).

The rapper has now lowered the price of his house to US$5.995 million

Revenue for the quarter jumped 47% to RM248.9 million from RM169.8 million a year earlier, its quarterly results filing yesterday showed.

The Sime Darby Property Bhd-CapitaLand Mall Asia joint venture has decided to further extend the opening of its Melawati Mall to the second quarter of next year (2Q17).

I-Bhd’s net profit for the second quarter ended June 30, 2016 (2QFY16) soared by 72.32% from the previous comparable period to RM14.68 million, as the developer of i-City credited it to stronger property sales.

PRG managing director Datuk Lua Choon Hann said it is now a good time to enter Myanmar and the Philippines as demand for affordable housing and infrastructure in these countries is strong.

It seems 16 companies are vying for the packages of the RM16 billion Sarawak stretch slated for completion by 2022.