JKG Land Bhd posted a 24.2% increase in net profit for its first quarter ended April 30, 2023 (1QFY2024) to RM2.25 million from RM1.81 million a year ago, driven by improved revenue from its property development segment.

The Penang South Island (PSI) reclamation project, which has been scaled down from three islands to one following a request from the prime minister, will finally kick off with Gamuda Bhd starting Phase 1 of the reclamation works worth RM3.717 billion on July 1.

After recently diversifying into property development, office furniture maker AHB Holdings Bhd has proposed to also diversify into the trading of building materials, machineries and equipment in view of rising costs in the increasingly competitive furniture business.

Nomura Research said it was “negatively surprised” by the news of the collapse of the proposed  sale by Genting Malaysia Bhd (GenM) of a 15.5-acre block of land in Miami, Florida for US$1.23 billion.

Sunsuria Bhd’s unit is acquiring 80% equity interest in property developer Mayer Land Sdn Bhd (MLSB) for RM800,000 that will enable it to participate in two Rumah Selangorku projects and a mixed development in Penang that have been awarded to MLSB.

Buying a house is one of the biggest purchases many of us will make in our lifetime. It therefore pays to start planning early.

Confident, savvy and sharp – these three adjectives come to mind when you meet Albert Ko, founder and director of EXAL Group, an Australian property developer.

Mah Sing Group Bhd has named former navy chief Admiral (R) Tan Sri Abu Bakar Abdul Jamal as its chairman.

Eco World Development Group Bhd recorded RM2.4 billion sales in seven months of FY2023, representing 68.5% of the group’s FY2023 sales target.

Career changes are never easy and it can be prompted by a myriad of reasons. One case in point is CID Realtors Sdn Bhd real estate negotiator Daniya Subramaniam, 42. Armed with a Bachelor of Arts (Honours) and Master of Arts in Marketing from the UK, she started off in the advertising industry.