IJM to see earnings from TRX building in FY19 or FY20
The building comes with 84% secured tenants where the anchor tenant is Prudential Assurance Malaysia.
In Depth
BRT job win seen as game changer for SunCon
SunCon’s 9MFY17 revenue of RM1.3 billion (+7% y-o-y) came in strong as a result of better-than-expected construction revenue of RM1.21 billion (+16.9% y-o-y).
S P Setia earnings prospects expected to remain intact
Moving forward, the focus is to ramp up local sales with launches in the group flagship townships.
Construction will be our game changer — Voir
The diversification is not a prelude to an RTO by Consortium Zenith, says chairman.
A debatable freeze
Some fear ban on luxury property projects will distort supply and demand equilibrium.
New ZIC development a positive for LBS Bina Group
The group can now start talking to interested parties, given the approval for the land usage of the ZIC.
Where are shopping centres heading in the digital era?
The evolution of online shopping has opened up a new retail era.
Property developers open to rent-to-own
If RTO schemes are able to help more people own homes, property developers would definitely be in favour of them.
Property market is not looking up yet
The Malaysian House Price Index showed that housing prices have moderated further by 5.6% in 2Q17 compared with 7.1% a year ago.
IJM Corp shows good long-term growth prospects
Current remaining order book of RM8.6 billion is equivalent to 3.2 times the construction revenue in FY17, which provides good earnings visibility.
