KUALA LUMPUR (July 11): Mah Sing Group Bhd’s upcoming launch of Cerrado Residential Suites at Southville City, Bangi, has attracted 7,500 registrants, due to the “compelling” prices of the units which largely fell below RM500,000, said chief sales officer James A Bruyns.
Amcorp Properties Bhd (July 8, 87 sen) Downgrade to hold with a target price (TP) of 86 sen: With more than 90% of Amcorp Properties Bhd’s (AmProp) earnings derived from London, we believe Brexit would raise uncertainty over its sales, at least in the near term.
Property sector Maintain neutral: Out of eight property developers under our coverage, two (UEM Sunrise Bhd [UEMS] and Eastern & Oriental Bhd [E&O]) reported earnings below expectations.
KUALA LUMPUR (July 11): Tan Sri Vincent Tan Chee Yioun’s Berjaya Assets Bhd is looking at a potential sale of a freehold land in Imbi for some RM130 million.
SENTOSA Cove has some of the priciest waterfront resort homes built on 99-year leasehold reclaimed land.
AT 10pm on June 23, the polls for the referendum on whether the UK should remain in or leave the European Union (EU) closed.
PROPERTY agents and negotiators should never broker a deal without a method, says IM Global Property Consultants Sdn Bhd founder, managing director and CEO Ishak Ismail.
PETALING JAYA (July 9): UDA Holdings Bhd will launch two projects in Bertam on Penang’s mainland which have a total gross development value (GDV) of RM1.
JENJAROM (July 8): TCS Group is unveiling TCS Arcadia, which has a gross development value (GDV) of RM280 million, at the end of this month.
MENTION Damansara Heights and many assume that those who live there belong to the upper echelons of society, own palatial mansions and have a high net worth.
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