KUALA LUMPUR: MK Land Holdings Bhd posted a higher pre-tax profit of RM6.019 million for the second quarter ended Dec 31, 2010 from RM3.454 million in the same quarter of 2009.

KUALA LUMPUR: Al-Hidayah Daewoo Development Sdn Bhd expects its Olive 108 development, a wellness and medical hub along Jalan Ampang in Kuala Lumpur, to yield high rental and capital appreciation of more than 20% upon completion, following its positive outlook of the property market and unique development concept.

KUCHING: In an effort to make Kuching a livable and sustainable city, a lab will be set up by the end of next month to draw up a plan to improve the city's public transport, Housing Minister, Datuk Amar Abang Johari Abang Tun Openg said on Feb 24.

PETALING JAYA: Hua Yang Bhd, with a line up of RM385 million worth of property launches in 2011 for both its new and existing developments, is also looking to expand to Kota Kinabalu within the next one to two years.

JOHOR BARU: Asia’s first Legoland theme park is on track to open its doors to its first visitors by the fourth quarter of 2012, in time for the annual school break in November and December.

KUALA LUMPUR: IJM Corporation Bhd recorded RM132.2 million profit for the third quarter ended Dec 31, 2010 (3QFY11), an increase of 58% from RM83.64 million recorded in the same period a year ago due to strong contributions from its property and plantation divisions.

SHAH ALAM: Property developer S P Setia Bhd will be a net cash entity upon completion of its share placement to existing major shareholders. The exercise is expected to raise some RM1 billion to finance the company’s existing and future projects.