S P Setia expands Australian development with land acquisition in Sydney
The site located at 20 Atchison Street in St Leonards is “nestled in the dynamic landscape of Sydney's North Shore”.
UEM Sunrise unit buys 1.22-acre Perth land for RM66m to build apartments
The group has been actively looking into investing in Perth for some time due to the city’s strong fundamentals underpinning the economy, a lower housing entry point and some of the best prospects for capital gains in Australia.
Gamuda's 3Q net profit edges up to RM223.36 mil on stronger overseas earnings, pays six sen dividend
On a quarter-on-quarter basis, Gamuda’s latest quarterly net profit rose 14.
Australian developer EXAL Group shares why Sarawak is home for its first project
“We had offers and ready opportunities in Kota Kinabalu, Melbourne and Maldives, but we wanted Sarawak because there is so much going for it – its growth and optimistic possibilities.
CGS-CIMB expects Gamuda's core net profit to rise 7% in FY23F
CGS-CIMB said that once earnings delivery picks up for its maiden Australia project Sydney Metro West which is 20-25% complete, that should instill more investor confidence in Gamuda’s ability to execute projects in Australia.
Mulpha International’s Australian unit secures A$160m green syndicated construction facility
The purpose of the facility is to finance the construction of Stage 1 of Norwest Quarter, a mixed use residential apartment development in Norwest, Australia, said the group in a bourse filing on Tuesday (May 2).
HLIB expects stronger 2HFY23 for Gamuda driven by Australian projects
In a note on Friday (March 24), the research house said it expects a stronger 2HFY23 for Gamuda driven by RM8.
EcoWorld International’s net cash up by 159%; on track to achieve FY2023 RM1.4 billion sales target
In just three months, EcoWorld International’s net cash position has improved from RM172.
You can buy a house in an Australian ‘coastal town’ for less than A$600,000
With a A$600,000 budget, “buyers may be looking for an older home or one that needs some renovations, or a two-bedroom”.
Australia’s house prices see steepest drop in four decades
Rapidly rising interest rates are also expected to drive further falls going forward.
