Developers viewed as proxy for economy
Property sector Downgrade to underweight: The broad market has been rebounding on the back of a strengthening ringgit, while the economic outlook appears to have stabilised.
Hua Yang's RM346.4 mil mixed-use development in Johor Bahru to include affordable homes
KUALA LUMPUR (Jan 11): Hua Yang Bhd plans to develop a mixed-use development with a gross development value (GDV) of RM346.
Hua Yang plans mixed project worth RM311 mil in Penang
KUALA LUMPUR (Dec 4): Property developer Hua Yang Bhd is proposing a mixed development with an estimated gross development value (GDV) of RM311 million in Seberang Prai, Penang, which will comprise 480 units of serviced apartments, 148 units of condominium, and 16 units of two-storey shops.
Hua Yang aborts plan to buy Penang land due to SPA conditions unfulfilled
KUALA LUMPUR (Nov 16): Property developer Hua Yang Bhd has aborted its plan to acquire a 3.
Ridgewood’s phase one sees 73% take-up rate
KUALA LUMPUR (Nov 3): Phase one of Hua Yang Bhd’s Ridgewood project, comprising 84 units of 3-storey cluster semi-detached houses and six units of 3-storey bungalows, has enjoyed a 73% take-up rate, said assistant general manager Tony Ng in a press release today.
Hua Yang 2Q net profit up 10.4% at RM28.69 mil
KUALA LUMPUR (Oct 21): Hua Yang Bhd's net profit for the second quarter ended Sept 30, 2015 (2QFY16) grew 10.
Hua Yang gives out dividend of 13 sen for FY2015
KUALA LUMPUR (Aug 26): Hua Yang Bhd has received approval from its shareholders to give out a final single tier dividend of eight sen per share for the financial year ended March 31, 2015 (FYE2015) during the group’s annual general meeting today.
Hua Yang launches first MyHome project
PERAK (Aug 10): Hua Yang Bhd has officially launched the first phase of its Seri Andaman homes on Saturday, which is also the group’s first property offering under the government’s MyHome scheme.
