Landserve expects Johor landed house prices to drop a maximum of 30%

Feb 24

KUALA LUMPUR (Feb 24): Johor’s landed property prices could decline up to 30% this year, says Landserve (Johor) Sdn Bhd executive director Wee Soon Chit.

Encorp 4Q net profit up 280% on higher progress of development work

Feb 24

KUALA LUMPUR (Feb 24): Encorp Bhd’s net profit jumped 280% to RM16.

IJM Corp 3Q net profit drops 46% due to absence of one-off gain

Feb 23

KUALA LUMPUR (Feb 23): IJM Corp Bhd’s net profit dropped 46% to RM138.

2017 continues to favour office-tenant market, says Knight Frank

Feb 23

KUALA LUMPUR (Feb 23): Knight Frank Malaysia expects 2017 to remain as an office-tenant-favoured market due to more incoming supply in 2017 and 2018.

House prices can be reduced up to 40% by offering bare units, says Rehda past president

Feb 23

KUALA LUMPUR (Feb 23): If developers adopt the core housing development concept, house prices could come down by 30% to 40%, said past president of the Real Estate and Housing Developers' Association (Rehda) Datuk Ng Seing Liong.

Mall oversupply situation to take at least three years to improve

Feb 23

KUALA LUMPUR (Feb 23): The retail mall market is expected to take three to four years from now to improve as more malls open in the next few years adding to the oversupply in retail spaces, said Savills (Malaysia) Sdn Bhd managing director Allan Soo.

Value of overhang units in the primary residential market up 80% y-o-y

Feb 23

KUALA LUMPUR (Feb 23): Some RM8.

Iris Corp's 3Q net loss widens on lower revenue

Feb 23

KUALA LUMPUR (Feb 22): Iris Corp Bhd, which has been thrust into the limelight after its deputy managing director Datuk Hamdan Mohd Hassan was arrested by the Malaysian Anti-Corruption Commission for alleged graft, saw its net loss widen to RM1.