Increased costs of high-end projects

KUALA LUMPUR (Sept 14): Most property developers are glad that the weakening ringgit has minimal impact on their development costs, but high-end projects which have more imported building materials, may be affected.

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Cautious sentiment in Johor remains in 2Q

THE Goods and Services Tax (GST), the weak domestic and global economy, and the uncertain local political situation worsened sentiment in Johor’s property market in the second quarter of the year.

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LRT3 set to boost MRCB’s earnings

KUALA LUMPUR (Sept 8): Malaysian Resources Corp Bhd (MRCB) expects to see a surge in its earnings by 28% for financial year ending Dec 31, 2016 (FY16) contributed by the RM9 billion light rail transit Line 3 (LRT3) project, the digitalEdge DAILY reported today.

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