E&O’s 4Q profit doubles, proposes stock dividend
KUALA LUMPUR (May 25): Eastern & Oriental Bhd’s net profit for its fourth quarter of its 2015 financial year has doubled to RM100.
KUALA LUMPUR (May 25): Eastern & Oriental Bhd’s net profit for its fourth quarter of its 2015 financial year has doubled to RM100.
PETALING JAYA (May 22): If you must decide between buying a smaller unit in the heart of Kuala Lumpur or a more spacious home away from the city centre, what would be your choice? This was the question posed to a group of prospective property investors aged between 25 and 35 years.
PETALING JAYA (May 21): The first quarter of 2015 (1Q2015) saw significant new supply of condominiums, reported DTZ Research.
• Today we look at price growth and indicative asking rental yields for non-landed residences in the KLCC area.
PETALING JAYA (May 20): Capital values in Kuala Lumpur’s office market increased some 6% despite weaker rental rates that put yields under pressure, said analyst firm DTZ Research.
PETALING JAYA (May 19): Despite the depreciating ringgit against the US dollar in 1Q2015 and ongoing concerns on the impact of low oil prices on the Malaysian economy, the level of investment activity remained surprisingly strong for the quarter, according to DTZ Research’s “Property Times Kuala Lumpur Q1 2015: Cautious Sentiment Aggravates Uncertainties” report.
The landscape of Kuala Lumpur’s Brickfields neighbourhood has evolved dramatically since Malaysian Resources Corp Bhd (MRCB) first planned to build the 72-acre transit-oriented and integrated development KL Sentral in the area in 1996.
PETALING JAYA (May 1): The volume of transactions for Kuala Lumpur’s property market was up marginally by 0.
PETALING JAYA (April 29): Tune Hotels Group today announced of global expansion plans through new organisational functions in two main core approaches – brand, assets and capital markets, and development and hotel management.
PETALING JAYA (April 28): The take-up rate of The Peak Vista condominium in the “Beverly Hills” of Kota Kinabalu by SBC Corporation Sdn Bhd has soared to 95%.