News about HAD

KUALA LUMPUR: Quarry equipment distributor SCH Group Bhd’s revenue may decline 20% in the current financial year ending Aug 31, 2016 (FY16) due to the property market slowdown, according to its managing director cum deputy chairman Lau Mong Ling.

KUALA LUMPUR: Property prices are sticky down despite the current slowdown, according to MKH Bhd group managing director Tan Sri Eddy Chen.

KUALA LUMPUR (Dec 30): Kobay Technology Bhd is selling an unused piece of industrial land in Ipoh, Perak for RM7 million or RM57 per sq ft.

KUALA LUMPUR (Oct 27): IOI Properties Group Bhd, which is expecting its financial year ending Dec 31, 2016 (FY16), to register a flat profit growth, plans to take advantage of the current poor market sentiment to increase its land bank.

PETALING JAYA: Several recommendations by the property sector have been incorporated in Budget 2016 but not sufficiently, says Paramount Corporation Bhd group CEO Jeffrey Chew.

  PETALING JAYA: IOI Properties Group Bhd is set to launch two new developments – Le Pavillion at Bandar Puteri Puchong and Avira residences at Bandar Puteri Warisan in Sepang – on Oct 24 and Oct 31 respectively.

KUALA LUMPUR (Oct 20): IOI Properties Group Bhd is acquiring Mayang Development Sdn Bhd and Nusa Properties Sdn Bhd for RM1.

    PETALING JAYA (Oct 20): In an initiative to make home ownership more affordable for the lower income group, Mah Sing Group will be hosting an event for members of the public to register their interest in purchasing a unit of Cendana Apartments, a Rumah Selangorku project, at M Residence 2 @ Rawang.

GEORGE TOWN (Oct 20): 1MDB Real Estate Sdn Bhd (1MDBRE) yesterday awarded WCT Holdings Bhd a RM754.

Pelaburan Hartanah Bhd (PHB) intends to revive its plans for a mixed-use development on the prime parcel in Bangsar, Kuala Lumpur, where Unilever Malaysia’s headquarters and factory had previously been located.