Associates’ contribution improved 9% to RM29.8 million due to better performance from the Hino plant

E&O completed two blocks of the Andaman Condominiums project in Seri Tanjung Pinang during the quarter, which saw a 38% year-on-year (y-o-y) drop in revenue to RM143 million

The least expensive projects in Bangsar are Bayu Angkasa (RM527 psf), Bangsar Puteri (RM626 psf) and Sri Kasturina (RM637 psf)

Hua Yang’s meek performance was in tandem with current weakening property sentiment compounded by the attrition of securing loans for homebuyers

One Menerung is the most expensive development, with an average transacted price of RM4.02 million

Of all the property stocks, UEMS has the highest exposure in Johor; about 77% of its landbank is in this region

The Chinese government has relaxed its grip on the property sector, including lifting home purchase restrictions in most cities

KLCC's prices are stagnant, transactions are down, and rents face downward pressure
but well-managed residences are expected to fare well

Due to cooling measures, overall average prices fell 3.2% quarter-on-quarter in 1Q2015 to RM749 psf from RM774 psf in 4Q2014

With condominiums in the KLCC area generally targeted towards the elite and expatriates, rental rates can vary quite widely across developments