UEM Sunrise 1Q net profit up 8.5%
KUALA LUMPUR (May 22): Property developer UEM Sunrise Bhd's net profit rose 8.
Quek Leng Chan resigns as chairman of GuocoLand Malaysia
KUALA LUMPUR (April 30): Tycoon Tan Sri Quek Leng Chan has stepped down as chairman of GuocoLand (Malaysia) Bhd effective immediately, amid an internal rationalisation and streamlining exercise.
GuocoLand 3Q net profit surges sixfold, lifted by disposal gains
KUALA LUMPUR (April 23): GuocoLand (Malaysia) Bhd reported an almost six-fold increase in its net profit to RM55.
Malaysia confirms GST relief for Chinese firm behind ECRL
KUALA LUMPUR (April 17): The Royal Malaysian Customs Department confirmed granting China Communications Construction Sdn Bhd goods and services tax (GST) relief under Malaysia's East Coast Rail Link (ECRL) project.
UEM Sunrise to undertake RM15b GDV mixed project
KUALA LUMPUR (April 13): UEM Sunrise Bhd has acquired 72 acres of land near a lake garden in Kepong to undertake a mixed commercial development, with an estimated gross development value of RM15 billion.
Malaysia’s super rich own the most homes in Asia Pacific
KUALA LUMPUR (April 5): Malaysia’s ultra-high-net-worth individuals (UHNWIs) take the lead when it comes to owning the most number of primary and secondary homes in the Asia-Pacific region, according to The Wealth Report Attitudes Survey 2018, which is part of independent global property consultancy Knight Frank’s 12th edition of The Wealth Report.
KL luxury home values drop 0.7% in PIRI 100 for 2017
KUALA LUMPUR (April 5): Political uncertainties and a subdued market have caused luxury home values to dip by 0.
Australia, S'pore and UK properties most favoured by M'sia's ultra-rich
KUALA LUMPUR (April 5): About 43% of Malaysian ultra-high-net-worth individuals (UHNWIs) plan to invest in properties abroad — higher than the global average of 34% — in the next few years, said property consultancy firm Knight Frank.
KL office market continues to struggle with oversupply but co-working space demand rising
PETALING JAYA (March 26): A stronger performing economy has not helped the Kuala Lumpur office property sector as it continues to struggle with an oversupply of new buildings amidst subdued leasing activities, said global consultancy firm Knight Frank.
GuocoLand unveils Emerald Hills, targets 50% take-up rate for first phase by year-end
KUALA LUMPUR (March 1): After a hiatus, GuocoLand (M) Bhd is gearing up for more launches this year, starting with Emerald Hills @ Alam Damai, Cheras, and targeting a 50% take-up rate for its first phase by year-end.
