NewsFeed http://www.theedgeproperty.com.my/frontpage en Malaysia luxury property approval freeze 'too vague' — Malton http://www.theedgeproperty.com.my/content/1239276/malaysia-luxury-property-approval-freeze-too-vague-%E2%80%94-malton <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/malton_3_9.jpg?itok=gN_fJF_l"><a href="/content/1239276/malaysia-luxury-property-approval-freeze-too-vague-%E2%80%94-malton"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/malton_3_9.jpg?itok=gN_fJF_l" width="220" height="125" alt="malton_3.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Malton's upcoming projects comprise properties costing less than RM1 million each.</p> </div></div></div> Wed, 22 Nov 2017 06:06:31 +0000 james.chong@bizedge.com 1239276 at http://www.theedgeproperty.com.my MRCB active, up 1.54% on upgrade http://www.theedgeproperty.com.my/content/1239213/mrcb-active-154-upgrade <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/mrcb_pic_3.jpg?itok=r_nzqrTH"><a href="/content/1239213/mrcb-active-154-upgrade"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/mrcb_pic_3.jpg?itok=r_nzqrTH" width="220" height="147" alt="mrcb_pic.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>MRCB’s property sales for 9M were strong at RM1.2 billion, a stark improvement from RM192 million for the entire FY16.</p> </div></div></div> Wed, 22 Nov 2017 04:45:32 +0000 james.chong@bizedge.com 1239213 at http://www.theedgeproperty.com.my Mudajaya sees 4.49% stake traded off market http://www.theedgeproperty.com.my/content/1239208/mudajaya-sees-449-stake-traded-market <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/mudajaya_1.jpg?itok=FsIomtsN"><a href="/content/1239208/mudajaya-sees-449-stake-traded-market"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/mudajaya_1.jpg?itok=FsIomtsN" width="220" height="114" alt="mudajaya.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>It is unclear who were involved in the transaction at press time.</p> </div></div></div> Wed, 22 Nov 2017 04:35:45 +0000 james.chong@bizedge.com 1239208 at http://www.theedgeproperty.com.my Gabungan AQRS gets LoI for RM189m construction job http://www.theedgeproperty.com.my/content/1239198/gabungan-aqrs-gets-loi-rm189m-construction-job <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/gabunganaqrs_23.jpg?itok=_4cvVNay"><a href="/content/1239198/gabungan-aqrs-gets-loi-rm189m-construction-job"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/gabunganaqrs_23.jpg?itok=_4cvVNay" width="220" height="159" alt="gabunganaqrs_23.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>To build 1,004 landed homes in Kota Sultan Ahmad Shah, Kuantan, Pahang.</p> </div></div></div> Wed, 22 Nov 2017 04:10:52 +0000 james.chong@bizedge.com 1239198 at http://www.theedgeproperty.com.my IGB shareholders say yes to takeover by Goldis http://www.theedgeproperty.com.my/content/1239191/igb-shareholders-say-yes-takeover-goldis <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/colinng_fb.jpg?itok=qSDgLS_V"><a href="/content/1239191/igb-shareholders-say-yes-takeover-goldis"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/colinng_fb.jpg?itok=qSDgLS_V" width="220" height="154" alt="colinng_fb.jpg The Edge" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>286 shareholders holding 176.56 million shares voted in favour of Goldis’ bid, while 148 shareholders owning 1.17 million shares voted against it.</p> </div></div></div> Wed, 22 Nov 2017 04:00:59 +0000 james.chong@bizedge.com 1239191 at http://www.theedgeproperty.com.my IGB Corp's 3Q profit lower on absence of disposal gain http://www.theedgeproperty.com.my/content/1239236/igb-corps-3q-profit-lower-absence-disposal-gain <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/igbcorporation.png?itok=TNT1okNC"><a href="/content/1239236/igb-corps-3q-profit-lower-absence-disposal-gain"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/igbcorporation.png?itok=TNT1okNC" width="220" height="165" alt="igbcorporation.png " /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Revenue dropped 20.02% to RM259.71 million from RM324.71 million in 3QFY16, no thanks to lower contributions from its property development and hotel arms.</p> </div></div></div> Tue, 21 Nov 2017 15:35:35 +0000 james.chong@bizedge.com 1239236 at http://www.theedgeproperty.com.my UOA Development 3Q net profit down 18% on higher expenses http://www.theedgeproperty.com.my/content/1239233/uoa-development-3q-net-profit-down-18-higher-expenses <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/uoadevelopment_7.jpg?itok=RmH6MGOj"><a href="/content/1239233/uoa-development-3q-net-profit-down-18-higher-expenses"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/uoadevelopment_7.jpg?itok=RmH6MGOj" width="220" height="64" alt="uoadevelopment_7.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>"The group will maintain its focus on development in Greater Kuala Lumpur and continue to source for opportune development land acquisition at strategic locations."</p> </div></div></div> Tue, 21 Nov 2017 14:45:28 +0000 james.chong@bizedge.com 1239233 at http://www.theedgeproperty.com.my JLL Malaysia: Temporary development curbs will bring “much-needed” relief http://www.theedgeproperty.com.my/content/1239002/jll-malaysia-temporary-development-curbs-will-bring-%E2%80%9Cmuch-needed%E2%80%9D-relief <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/20160312_peo_marec16_pg_4.jpg?itok=TzFco9mQ"><a href="/content/1239002/jll-malaysia-temporary-development-curbs-will-bring-%E2%80%9Cmuch-needed%E2%80%9D-relief"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/20160312_peo_marec16_pg_4.jpg?itok=TzFco9mQ" width="204" height="220" alt="20160312_peo_marec16_pg_4.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>“Depending on the location, connectivity and quality of the building, the impact can vary.”</p> </div></div></div> Tue, 21 Nov 2017 12:58:30 +0000 james.chong@bizedge.com 1239002 at http://www.theedgeproperty.com.my Knight Frank: Freeze on property developments “misguided” http://www.theedgeproperty.com.my/content/1238999/knight-frank-freeze-property-developments-%E2%80%9Cmisguided%E2%80%9D <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/20161019_peo_sarkunansubramaniam_2738_izw.jpg?itok=baHQGds3"><a href="/content/1238999/knight-frank-freeze-property-developments-%E2%80%9Cmisguided%E2%80%9D"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/20161019_peo_sarkunansubramaniam_2738_izw.jpg?itok=baHQGds3" width="220" height="121" alt="20161019_peo_sarkunansubramaniam_2738_izw.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>“In my opinion, direct intervention by the approving authority should not be the way to address the problem.”</p> </div></div></div> Tue, 21 Nov 2017 12:45:23 +0000 james.chong@bizedge.com 1238999 at http://www.theedgeproperty.com.my Developers shall not hand over liabilities to JMB http://www.theedgeproperty.com.my/content/1238993/developers-shall-not-hand-over-liabilities-jmb <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/jmb_2_123rf.jpg?itok=5r5ORT4_"><a href="/content/1238993/developers-shall-not-hand-over-liabilities-jmb"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/jmb_2_123rf.jpg?itok=5r5ORT4_" width="220" height="146" alt="jmb_2_123rf.jpg by 123rf for EdgeProp.my" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>It will evidently jeopardise proper maintenance by the JMBs.</p> </div></div></div> Tue, 21 Nov 2017 12:20:43 +0000 james.chong@bizedge.com 1238993 at http://www.theedgeproperty.com.my