Kumpulan Europlus records net loss of RM16.44 million for 3Q

KUALA LUMPUR: Kumpulan Europlus Bhd, a company on Bursa Malaysia’s construction index, recorded a net loss of RM16.44 million for its 3Q ended Oct 31, 2009 (3QFY2010), from net profits of RM1.65 million a year earlier despite higher revenue.

Four key property sectors in HK enter recovery stage

PETALING JAYA: Four key property sectors in Hong Kong – office, residential, industrial and retail property markets – have entered a recovery stage since 4Q2009, leading by this year’s sales market, managing director of Colliers International Hong Kong Richard Kirke said.

City & Country: From backwater to hot spot

For some, Seri Kembangan in Selangor seems like a sleepy backwater — an under-developed area dotted with buildings that are inferior both in type and design to those in better-known addresses in Kuala Lumpur.To the more discerning, however, Seri Kembangan is emerging as an exciting real estate play.

City & Country: Prime KLCC spot at developer’s price

A few years ago, developers with prime land in the vicinity of Kuala Lumpur City Centre (KLCC) were aggressively launching high-end condominiums, with views of the Petronas Twin Towers as their major selling point. It was reported that some units were going for more than RM1,800 psf.

City & Country: Changing landscape

The property development landscape in Seri Kembangan is becoming more interesting withmore players getting into the act. Among them are Equine Capital Bhd and LBS Bina Bhd, both of which have presence in the southwestern side of Seri Kembangan.