KUALA LUMPUR: UOA Development Bhd will launch property projects worth RM1.5 billion in the second half  year (2H) to meet its RM3.5 billion annual target in gross development value (GDV) this year.

The property player has so far launched RM2 billion worth of projects.

KUALA LUMPUR: UOA Development Bhd will launch property projects worth RM1.5 billion in the second half  year (2H) to meet its RM3.5 billion annual target in gross development value (GDV) this year.

The property player has so far launched RM2 billion worth of projects.

KUALA LUMPUR: Johor Corp (JCorp) is positive about the conditions for selling its 9.57 acres (416,993 sq ft) of land in Pusat Bandar Damansara (PBD) to Impian Ekspresi Sdn Bhd (IESB), a private company majority owned by Datuk Desmond Lim Siew Choon of Malton Bhd and his wife Datin Tan Kewi Tong.

KUALA LUMPUR: UEM Land Bhd’s net profit for its first quarter ended March 31, 2013 (1QFY13) soared 290% to RM211.1 million from RM54.2 million in 1QFY12.

This was achieved on higher revenue of  RM711.5 million, compared with RM303.7 million in 1QFY12. The growth was attributed to the completion of the sale of its land in Puteri Harbour, Johor.

KUALA LUMPUR: The continuous delays in the opening of the low-cost carrier terminal klia2 are seen as a burden for Malaysia Airports Holdings Bhd (MAHB), say analysts.

NOW that the much-anticipated general election is over, the local property market looks poised for more activity with the number of new launches coming up. This will ease the pent-up demand among local property investors and homebuyers.

WHEN it comes to property investment, Ho Chin Soon’s latest mantra is “follow the infrastructure”.

KUALA LUMPUR: Office space take-up in Malaysia is seeing gradual positive growth, regardless of the outcome of the recently concluded 13th general election (GE13).

CBRE Malaysia Sdn Bhd executive chairman Christopher Boyd said unlike residential take-ups, office space occupancy has not been held back by concerns arising from GE13.