WCT Holdings sets lower sales target for 2015 but could see rebound due to large landbank
KUALA LUMPUR (April 27): Affin Hwang Capital reported on April 24 that WCT Holdings Bhd has set lower sales target for 2015 but due to its 2,200 acres (890.
Matrix Concepts to develop Damansara of Seremban
SEREMBAN (April 27): Property developer Matrix Concepts Holdings Bhd expects Bandar Sri Sendayan (BSS) in Seremban to flourish into a town centre similar to that of 1 Utama upon completion in seven to eight years, according to group managing director and CEO Datuk Lee Tian Hock.
Slight rebound in Terengganu’s property market
KUALA LUMPUR (April 27): Terengganu’s property market saw the value and volume of its transactions rise by 18.
THE EDGE REIF 2015: Higher cost, margin compression pressure for developers with GST
PETALING JAYA (April 25): Developers will experience higher cost of inputs and margin compression pressure after the implementation of Good and Services Tax (GST), said Sunway Bhd’s managing director of property development division of Malaysia and Singapore, Sarena Cheah (pictured) during her presentation on “Post-GST -- The Real Impact on Buyers” at the The Edge Investment Forum on Real Estate 2015 today.
THE EDGE REIF 2015: Follow the infrastructure!
PETALING JAYA (April 25): Proposed infrastructure developments in Penang, Iskandar Malaysia and Greater Kuala Lumpur will create opportunities for new property hotspots.
Atria Shopping Gallery eyes May 28 opening
PETALING JAYA (April 25): OSK Property Holdings Bhd plans to open its flagship Atria Shopping Gallery in Damansara Jaya on May 28, said its director of leasing Sally Low.
Bina Puri secures RM123 mil interior design works in Sabah
KUALA LUMPUR (April 24): Bina Puri Holdings Bhd has secured RM123.
Mah Sing optimistic about hitting FY15 sales target
KUALA LUMPUR (April 24): Mah Sing Group is optimistic in achieving its sales target of RM3.
Ireka expects returns from Aseana investment this year
KUALA LUMPUR (April 24): Aseana Properties Ltd, a London-listed property developer which is 23%-owned by Malaysian developer Ireka Corp Bhd, plans to sell some of its property assets and return the capital to shareholders this year, Ireka group managing director Lai Voon Hon (pictured) said in The Edge Financial Daily today.
Property developers urged to go green
KUALA LUMPUR (April 24): Malaysian property developers can halt the degradation of the environment and go green by improving their corporate social responsibility practices, said Deputy Minister of Urban Well-Being, Housing and Local Government Datuk Halimah Mohamed Sadique.
