Matrix chairman Datuk Mohamad Haslah Mohamad Amin said demand for residential homes in Bandar Sri Sendayan continues to be robust, due to the increasing appeal of the integrated township and affordable pricing.

CIMB Research said KLK's core net profit, which rose 20% thanks to higher manufacturing earnings and lower tax rates, was broadly in line with expectations, at 70% of the firm's full-year forecast and 72% of the consensus number.

Rise in net profit was offset by a 33.9% decline in the property sector’s profit to RM5.1 million from RM7.8 million in 3QFY15

Paramount is also finalising plans for the roll-out of its new development on its 8.09ha tract in Batu Kawan, Penang, which carries a gross development value (GDV) of RM1.3 billion over a 10-year period.

Asian Retail Mall Fund II (ARMF), which owns the SStwo Mall in Petaling Jaya, is believed to be seeking a buyer for the retail asset as an earlier plan to redevelop the site has been shelved.

Paramount Corp Bhd’s second quarter net profit soared 70% to RM23.9 million or 5.65 sen per share, from RM14.06 million or 3.33 sen per share a year earlier, on higher contribution from its property division.

Property consultancy firm Knight Frank’s Prime Global Cities Index that tracks prime residential prices across 37 global cities worldwide has shown Vancouver leading the rankings for the fifth consecutive quarter.

Malaysian Resources Corp Bhd (MRCB) is actively looking at all options to dispose of Eastern Dispersal Link (EDL) Expressway in Johor, said MRCB chief corporate officer Amarjit Chhina.

WHEN KK Group saw sales at many of its 24-hour KK Super Mart convenience stores and KK Kopitiam surge last weekend, it could not immediately put a finger on what was going on. But, soon enough, the company realised that the latest online gaming craze, Pokémon Go, was contributing to a jump in store traffic and sales.

UOB said the hugely popular augmented reality game, which was launched in Malaysia on Aug 6, has created higher footfall in malls.