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.

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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.

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AG: River of Life’s river cleaning programme a mess

KUALA LUMPUR (August 6): Audit of the river water quality control projects under the River of Life (ROL) river cleaning programme has uncovered 13 Extension Of Time (EOT) applications being approved between 45 and 356 days, said the Auditor-General’s (AG) Report 2017 Series 1.

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Proposed one-way loop for Klang

PETALING JAYA (August 6): A proposed traffic realignment involving a section of Jalan Tengku Kelana in Klang being turned into a one-way loop requires assessment of access roads of surrounding buildings and impact on traffic at intersections, says Klang Municipal Council (MPK) Selangor Palace representative Datuk Abdul Ghani Pateh Akhir.

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Experience the intangible

Most developers use various media channels, brochures, show units and salespersons to help buyers imagine what their potential homes will look like.

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