MRCB 3Q net profit falls 79.4% on lower revenue
MRCB saw its revenue for 3QFY15 fall 24.8% to RM374.06 million from RM497.26 million in 3QFY14.
Mah Sing to launch RM1.3 bil worth of projects in Penang next year
The projects — Ferringhi Residence Two, condominium blocks at South Bay City in Batu Maung and Pykett, Jalan Burmah on the island — are expected to contribute about 10% to 12% to the group's sales.
Penang, SPAD to co-operate on transport master plan
Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said SPAD would provide technical advice and procedures for approval of projects such as the LRT and tram services.
Sound town planning basis for good public transport system
The public wants punctuality, coverage and reliability in public transport.
Malton falls 3.09% on poor 1Q earnings
Malton's revenue came in 10.3% higher at RM123.08 million from RM111.59 million a year earlier, driven by its construction and project management division, its Bursa filing showed.
PROPERTY SNAPSHOT 4: What’s hot in South Central PJ?
The highest rental yields can be found at Paramount View in Taman Paramount.
PJ Development commits to paying dividends, staying put during tough times
PJ Development is working on being more efficient and becoming more careful with property development launches, to ensure its financial performance is at least maintained in this soft property market phase.
More than half of hill slope projects on Penang island illegal
There are 124 projects on hill land with slopes of 25° and above 250ft (76m) on Penang island.
Matrix Concepts 3Q profit falls 31.1% on lower revenue recognition
The Negeri Sembilan-based property developer’s revenue fell 18.4% to RM121.37 million in 3QFY15 from RM148.82 million in 3QFY14.
More than 607ha of sea land off Permatang Damar Laut, Penang, identified for reclamation
Part of the land-swap deal with SRS Consortium, the project delivery partner for RM27 billion Penang Transport Master Plan.
