'Property market has seen the worst'
PETALING JAYA: The Malaysian property market has bottomed and more property purchasers are expected to return to the market in the coming months, according to Ahmad Zamzuri Kamarudin, the organising chairman of the Klang Valley edition of the Malaysia Secondary & Primary Property Exhibition 2018 (MASPEX2018 KL) organised by the Malaysian Institute of Estate Agents (MIEA).
Scientex posts best-ever quarter in 4QFY18
KUALA LUMPUR (Sept 21): Scientex Bhd has reported its best quarterly net profit of RM88.
New Klang councillor shocked by park’s condition
KUALA LUMPUR (September 17): Newly appointed Klang municipal councillor Yogayswari Ramalu was shocked to see a host of issues plaguing a park at Taman Mesra 3.
Datuk threatens to demolish Klang village, claims to act on PM's orders
PETALING JAYA (Sept 6): A Datuk who claimed to be acting on behalf of Prime Minster Tun Dr Mahathir Mohamad had threatened to demolish a village in Klang, reported Free Malaysia Today.
Setapak Central Mall being sold to a Singapore company, says report
KUALA LUMPUR (Sept 4): AsiaMalls Sdn Bhd may be concluding the sale of Setapak Central Mall (pictured) with global Singapore-based integrated real estate fund manager ARA Asset Management Ltd, said a report by The Star.
Cattle farmers operating illegally in Bukit Tinggi and Bandar Botanic to get temporary home
KLANG (Sept 1): Illegal cattle farmers operating in the Bukit Tinggi and Bandar Botanic neighbourhoods here will be moving to a temporary location in Johan Setia within a month.
Govt to conduct feasibility study on Carey Island port
KUALA LUMPUR (Aug 30) : The new government will conduct its own feasibility study on the proposed development of the third port in Port Klang, on Carey Island, said Transport Minister Anthony Loke Siew Fook.
Sime Darby Prop eyes up to 10% recurring income contribution
KUALA LUMPUR (Aug 29): Sime Darby Property Bhd (SDP) is targeting its recurring income segment to contribute up to 10% from its profit before interest and tax (PBIT) by 2022 or 2023 as part of the group’s strategic pillars to grow the recurring income, according to group chief financial officer Datuk Tong Poh Keow.
Paramount Property on track to meet RM1bn sales target
PETALING JAYA (Aug 24): Property developer Paramount Property Development Sdn Bhd is on track to meet its full year sales target of RM1 billion with its 1H2018 sales already hitting RM598 million, said Paramount Corp Bhd group CEO and director Jeffrey Chew at an analyst and fund manager’s briefing for Paramount Corporation’s 1H2018 financial results today.