Bina Puri yet to announce new construction jobs
Bina Puri Holdings Bhd (May 27, 37 sen) Maintain hold with a lowered target price (TP) of 42.
TRC expects contribution from property to increase to 20-30% in two years time
KUALA LUMPUR (May 24): Construction company TRC Synergy Bhd (TRC Synergy) expects contribution from its property segment to increase to between 20% to 30% of the total revenue in two year's time.
PROPERTY SNAPSHOT 4: What’s hot in Kelana Jaya?
• Today, we look at price growth and indicative asking rental yields for non-landed homes in Kelana Jaya.
PROPERTY SNAPSHOT 1: Prices stabilise in Kelana Jaya
• This week, the spotlight falls on the secondary market of non-landed residences in Kelana Jaya, Selangor.
New transportation infrastructure to boost value of shophouses
KUALA LUMPUR (April 30): New transportation infrastructure such as the mass rapid transit (MRT) and light rail transit (LRT) will enhance the investibility of shophouses, said Savills Malaysia managing director Allan Soo (pictured,below) at The Edge Real Estate Investment Forum 2016 (REIF 2016) today.
Prasarana to award tenders for RM9b LRT 3 project in 2H
KUALA LUMPUR (April 27): Prasarana Malaysia Bhd expects to start awarding tenders for the RM9 billion light rail transit Line 3 (LRT 3) project in the second half of the year (2H).
HSR to be ready by 2027, construction to take seven years
Construction sector Maintain “overweight”: A local business daily reported that the Kuala Lumpur high speed rail (HSR) project will commence operations in 2027 from its initial target of 2020.
LRT Kelana Jaya Line extension on track to start operations end-June
PETALING JAYA (April 14): The construction of new LRT Kelana Jaya Line extension project (LEP) is currently progressing to the final stage, and the line is on track to begin operations at end-June this year, said infrastructure operator Prasarana Rail and Infrastructure Projects Sdn Bhd (Praise) CEO Datuk Zohari Sulaiman.
M'sian construction industry to post 8% to 10% growth in 2016
KUALA LUMPUR (April 11): Malaysia's construction segment is expected to grow between 8% and 10% in 2016 in terms of projects undertaken, driven by government infrastructure projects, said Works Minister Datuk Seri Fadillah Yusof.
Sime Darby collaborates with Halim Saad's KYS
KUALA LUMPUR (March 2): Sime Darby Property Bhd, the property arm of Sime Darby Bhd, announced its collaboration with Tan Sri Halim Saad’s KYS Education Group to establish the KYS International School within the KL East development here.
