TRX City’s net profit drops 55%

Jun 17

PETALING JAYA (June 17): TRX City Sdn Bhd, the property development arm of 1Malaysia Development Bhd (1MDB), achieved a net profit of RM380.

HLIB Research keeps Neutral on property sector, top pick IOI Properties

Jun 17

KUALA LUMPUR (June 17): Hong Leong IB Research has maintained its “Neutral” rating on the property sector with IOI Properties Group Bhd as its top pick after cooling measures were recently announced in several states in Australia to curb speculation by foreign property buyers.

Property market only expected to recover in 2018

Jun 17

PETALING JAYA: The property market is only expected to recover in 2018, Malaysian Property Summit Mid-Year Review 2016 committee member James Wong told TheEdgeProperty.

Mah Sing targets RM1.8b launches in 2H2016

Jun 16

KUALA LUMPUR (June 16): Mah Sing Group Bhd will be launching RM1.

Bandar Malaysia sets up Chinese banks-led fund to finance massive project

Jun 17

KUALA LUMPUR (June 16): Bandar Malaysia Sdn Bhd has obtained funding for its massive project with the setting up of a fund backed by leading Chinese and Malaysian banks, with an asset base exceeding US$13 trillion.

AmanahRaya REIT buys property in Cyberjaya for RM40m

Jun 16

KUALA LUMPUR (June 16): AmanahRaya Real Estate Investment Trust (REIT) is acquiring a land together with a four-storey office building in Cyberjaya for RM40 million.

‘No stop order for Penang undersea tunnel study’

Jun 16

GEORGE TOWN (June 16): Contrary to his earlier statement, Consortium Zenith BUCG Sdn Bhd (CZBUCG) chairman Datuk Zarul Ahmad Mohd Zulkifli (pictured) yesterday said the Penang government did not order the company to halt the feasibility study on the Penang-Butterworth undersea tunnel.