Selangor Properties up 8% on news of land disposal
KUALA LUMPUR, (Oct 1): Selangor Properties Bhd rose as much as 8% in the morning trades today on the back of news that it had completed the disposal of a plot of land for RM450 million cash.
KUALA LUMPUR, (Oct 1): Selangor Properties Bhd rose as much as 8% in the morning trades today on the back of news that it had completed the disposal of a plot of land for RM450 million cash.
This is the final part in a series of four snapshots on Cheras South.
The Klang Valley residential market continued to slump for the second quarter of 2015 (2Q2015) in the aftermath of the implementation of the Goods and Services Tax (GST) in April, coupled with the weakening of the ringgit, which have tightened domestic spending.
This is the third in a series of four snapshots on Cheras South.
KUALA LUMPUR (Sept 29): Ireka Corp Bhd expects the weaker ringgit to have minimal impact on the company’s earnings.
SINGAPORE (Sept 29): Singapore’s Croesus Retail Trust is acquiring Torius Property, a retail property located in Fukuoka, Japan, for a purchase consideration of JPY8 billion (RM297 million), through debt and equity financing.
This is the second in a series of four snapshots on Cheras South.
This is the first in a series of four snapshots on Cheras South.
JEI Chew, marketing director of real estate agency Chester Properties Sdn Bhd, used to be a happy-go-lucky guy with no thought for tomorrow.