Eversendai's order book swells to RM2.5 bil after landing RM1.8 bil contracts
KUALA LUMPUR (Oct 24): Eversendai Corp Bhd's order book swelled to RM2.
Eversendai’s outlook looks ‘neutral’
Eversendai Corp Bhd (Sept 6, 47 sen) Maintain outperform call with a lower target price of 63 sen: We attended Eversendai Corp Bhd’s briefing and came away feeling “neutral” on its outlook.
Zelan tenders for RM4b local infrastructure contracts in 2016
KUALA LUMPUR (May 17): Construction company Zelan Bhd is tendering for contracts worth RM4 billion this year, comprising local infrastructure projects, as the company winds down its overseas operations.
Nippon Paint showcases nine new colours for 2016/17
KUALA LUMPUR (April 18): Nippon Paint Malaysia Group showcased its second “Trend Beyond Colours”, which features nine key colour palettes, that are forecasted to drive utilisation across various industries and applications in 2016 and 2017.
Home and hearth
IT IS DÉCOR that turns one’s house into a home, be it ever so humble, with a touch of chic and elegance.
Go India, CIDBH chair tells Malaysian construction companies
KUALA LUMPUR (April 8): Malaysian construction companies should take advantage of the rapid development and expansion in India to explore infrastructure and investment project opportunities there, urged CIDB Holdings Sdn Bhd (CIDBH) chairman Datuk Seri Dr Judin Abd Karim (pictured).
Chennai new launches held back on property glut
CHENNAI (Feb 15): Chennai recorded a 62% drop in new property launches in 2015 compared to 2014, due to a lot of existing supply in the market, according to JLL India.
JLL India: 69% of unsold houses in Mumbai priced above INR1 crore
MUMBAI (Sept 23): A good 69% of unsold property inventory (within the Brihanmumbai Municipal Corp limits) is of units worth more than INR one crore (about RM658,000) each, amounting to 30,501 units out of a total 44,032 reported JLL India.
High home prices and falling savings rates hit India’s residential market
KUALA LUMPUR (Sept 2): Property developers in India will continue to face challenges in the next 12 months as developers deal with weak cash flow, flat sales and stagnant prices, according to the Moody’s report, Developers' cash flows to remain weak amid flat sales and high costs.
Consumer confidence remains weak in real estate segment, says JLL India
KUALA LUMPUR (Aug 27): To allay buyers’ fears of completion delays, India’s real estate developers must exhibit construction progress, said Jones Lang Lasalle (JLL) India assistant vice-president for research and real estate intelligence service Suvishesh Valsan.
