Binastra Land Sdn Bhd plans to launch CitiZen 2 in third quarter of this year. The development with a gross development value (GDV) of about RM500 million is located along Old Klang Road, Kuala Lumpur.

United Malayan Land Bhd (UMLand) has soft launched the 5-star Amari Johor Bahru at its Suasana Iskandar development on May 15. The hotel is a collaboration between the developer and ONYX Hospitality Group.

Gamuda Land’s Gamuda City township development in Hanoi, Vietnam is expected to contribute higher sales to group revenue this year and the year after.

Ho Hup Construction Co Bhd is expecting to post a set of "fantastic" results for its financial year ending Dec 31, 2018 (FY18), driven by sales from projects it will be launching at the end of this year, and receivables anticipated from its joint development with Malton Bhd.

At 9.29am, MRCB dipped 0.65% or 1 sen to RM1.53 with 4.27 million shares traded.

Paramount Corp Bhd is looking at launching RM750 million worth of properties this year, from the initial target of RM600 million, following an impressive sales success in the first quarter of this year (1Q17).

Landmarks Bhd, a 30.3% associate of Genting Bhd, narrowed its net loss to RM3.35 million or 0.7 sen loss per share in the first quarter ended March 31, 2017 (1QFY17), from RM6.59 million or 1.37 sen loss per share a year ago, on improved performance of its hospitality and wellness, and resort and destination development divisions.

Opposition lawmaker Tony Pua has lambasted Prime Minister Datuk Seri Najib Razak for making up plans for Bandar Malaysia as he goes along, and criticised the development as one that “lacked any direction”.

Rehda Youth hopes to attract some 15,000 visitors to the 2017 Rehda Youth Malaysia Property Exhibition.

IJM Corp Bhd is set to take part in a property development project in Nagpur, the third-biggest city in the Maharashtra state of India.