The take-up rate of new homes, as measured by the sales-to-launch ratio, has dropped from 117% in March to 96% last month, notes Nicholas Mak, executive director of research and consultancy at SLP International.
KUALA LUMPUR (May 24): Sentoria Group Bhd's wholly-owned subsidiary Sentoria Bina Sdn Bhd will take on a construction project involving 506 units of single-storey semi-detached houses in Pahang worth RM60.
KUALA LUMPUR (May 24): Property developer Sunsuria Bhd's net profit for the second financial quarter ended March 31, 2017 (2QFY17) surged more than fivefold to RM18 million or 2.
KUALA LUMPUR (May 24): Bina Puri Holdings Bhd has received the pre-approval for the listing of its subsidiary PT Megapower Makmur Tbk on the Indonesia Stock Exchange from Otoritas Jasa Keuangan (OJK), which is the financial supervisory authority of Indonesia.
KUALA LUMPUR (MAY 24): Many foreign ultra-high-net-worth individuals (UHNWIs) are looking at Malaysia’s residential properties on prime locations, drawn by the weak ringgit.
KUALA LUMPUR (May 24): Oriental Interest Bhd is buying 222.
KUALA LUMPUR (May 24): IOI Properties Group Bhd saw its net profit fall 54.
KUALA LUMPUR (May 24): IGB Corp Bhd, which saw a big jump in first-quarter (1Q) net profit, hopes to achieve full-year earnings that are on a par with the previous year by leveraging on its diversified portfolio of property assets.
KUALA LUMPUR (May 24): Property developer Eastern & Oriental Bhd (E&O) returned to the black in the fourth quarter ended March 31, 2017 (4QFY17), posting a net profit of RM49.
UOA Development Bhd (May 23, RM2.
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