Property developer Tropicana Corp Bhd has planned launches of about RM1.6 billion in gross development value (GDV) for the year, comprising mainly landed properties.

1Q2017 has seen a rise in the number of residential properties put up for auction in the country.

Voir chairman Datuk Zarul Ahmad Mohd Zulkifli, who also controls Consortium Zenith BUCG Sdn Bhd, a private construction company, said the board of Voir is now considering how to synergise the two business groups to enhance shareholder value.

Sunway Bhd’s net profit rose 5.7% to RM107.91 million or 5.33 sen a share in the first quarter ended March 31, 2017 (1QFY17), from RM102.1 million or 5.71 sen a share a year ago, on higher contribution from all business segments except property development.

Malaysian Resources Corp Bhd (MRCB) saw its net profit for the first financial quarter ended March 31, 2017 (1QFY17) more than double to RM10.46 million, from RM4.38 million a year ago, on higher contribution from its property development segment.

IJM Land Bhd won the Gold in the Master Plan category for its Green Building Index certified green township of Bandar Rimbayu at the Fiabci World Prix d’Excellence Awards 2017.

WCT Holdings Bhd's net profit increased 3.7 times to RM33.08 million or 2.64 sen per share in its first quarter ended March 31, 2017 (1QFY17) from RM8.83 million or 0.72 sen per share a year ago, mainly due to strong contribution from the local construction division.

TA Enterprise Bhd posted a net profit of RM83.22 million in its first quarter ended March 31, 2017 — its third consecutive profitable quarter — thanks to higher contribution from its broking, investment holding and hotel operation divisions.

On May 16, a 2,228 sq ft, three-bedroom penthouse at One Balmoral changed hands for S$4.48 million (S$2,012 psf), the largest transaction in the development so far in terms of absolute price.

 Shares in Iskandar Waterfront City Bhd saw a surge in investor interest this afternoon.