Sime Darby's 4Q profit up 13.3% on Indonesian special tax incentive
KUALA LUMPUR (Aug 23): Sime Darby Bhd’s fourth quarter net profit climbed 13.
Boustead aims to launch 1 Cochrane condos early next year
PETALING JAYA (July 26): Boustead Holdings Bhd aims to launch its 1 Cochrane condominiums in Cheras early next year, said divisional director under property Datuk Seri Ghazali Mohd Ali (pictured).
AmBank, Advelsoft to offer customers access to online bill payments
KUALA LUMPUR (July 18): AmBank (M) Bhd has teamed up with Advelsoft (M) Sdn Bhd to provide bank customers with JomPAY, a platform to make online bill payments for monthly management fees for condominiums and apartments.
MRCB sells Menara Shell to MRCB-Quill REIT for RM640m
KUALA LUMPUR (July 1): MRCB-Quill Real Estate Investment Trust (MRCB-Quill REIT) is buying Menara Shell in KL Sentral from Malaysian Resources Corp Bhd (MRCB) for RM640 million.
‘No stop order for Penang undersea tunnel study’
GEORGE TOWN (June 16): Contrary to his earlier statement, Consortium Zenith BUCG Sdn Bhd (CZBUCG) chairman Datuk Zarul Ahmad Mohd Zulkifli (pictured) yesterday said the Penang government did not order the company to halt the feasibility study on the Penang-Butterworth undersea tunnel.
MRCB targets RM1 billion sales for this year
PETALING JAYA (June 1): Malaysian Resources Corp Bhd (MRCB) has set a RM1 billion sales target for 2016 — a risky bet considering that its 2015 sales only amounted to RM850 million, while the real estate market remains muted.
Blackstone in negotiations to buy Sime Darby’s Aussie assets, says report
KUALA LUMPUR (May 4): Blackstone Group LP is in negotiations to buy industrial properties owned by Sime Darby Bhd in Australia, according to a report by Bloomberg.
Redevelopment work on Plaza Rakyat expected to start in June 2017
KUALA LUMPUR (April 29): Deputy minister of Federal Territories Datuk Dr Loga Bala Mohan (pictured) said work on Plaza Rakyat is expected to commence in June next year, Bernama reported yesterday.
63,000 still waiting for PPR, PA houses: DBKL
KUALA LUMPUR (April 19): There are about 63,000 people on the waiting list for People's Housing (PPR) and Public Housing (PA) houses, said Kuala Lumpur City Hall (DBKL) director (Housing Management and Community Development), Wan Mohd Ghazali Nor, Bernama reported today .
Mapex 2016 targets bookings for RM500m worth of properties
KUALA LUMPUR (April 15): Real Estate and Housing Developers’ Association (Rehda) Malaysia president Datuk Seri Fateh Iskandar Mohamed Mansor (pictured, below) aims to achieve bookings for properties worth RM500 million in the three-day real estate exhibition event Mapex 2016.
