E&O back in the black in 4Q; STP2A on track to complete in 2H18
KUALA LUMPUR (May 24): Property developer Eastern & Oriental Bhd (E&O) returned to the black in the fourth quarter ended March 31, 2017 (4QFY17), posting a net profit of RM49.
Paramount to launch more properties this year after stellar 1Q sales
KUALA LUMPUR (May 19): Paramount Corp Bhd is looking at launching RM750 million worth of properties this year, from the initial target of RM600 million, following an impressive sales success in the first quarter of this year (1Q17).
Tambun Indah to launch two projects with RM122.7 million GDV by mid-2017
PETALING JAYA (May 18): Penang property developer Tambun Indah Land is targeting to launch two landed residential developments with a total gross development value (GDV) of RM122.
Paramount's 1Q profit slides 14% without disposal gain
KUALA LUMPUR (May 17): Paramount Corp Bhd’s first quarter ended March 31, 2017 (1QFY17) net profit was 14% lower at RM8.
OWG’s projects seen to attract more visitations from 2H17
Only World Group Holdings Bhd (May 4, RM1.
Design Village aims to bring in more brands, open food court by mid-year
WITH its open plan concept and green spaces with water features, Design Village Penang is a family-oriented outlet mall that offers a pleasant shopping environment.
Where do we go from here?
Property transactions are down, office occupancies are down, unsold units are up — things certainly didn’t look good in 2016, according to the Malaysian Property Market Report 2016 released by the Valuation and Property Services Department (JPPH) early this week.
Meda Inc to sell The Summit Hotel Bukit Mertajam for RM20 mil
KUALA LUMPUR (April 20): Meda Inc Bhd is disposing of its hotel The Summit Hotel Bukit Mertajam in Penang for RM20 million to partially fund its working capital requirements.
Homebuyers to bear the brunt of rising building costs
KUALA LUMPUR (April 20): Property developers have warned that home prices may rise following the government’s recent move to slap a safeguard duty on the import of certain steel products for three years.
Strong take-up for phase 2 of E&O’s Ariza Seafront Terraces in STP
PETALING JAYA (April 18): Eastern & Oriental Bhd (E&O) has recorded 87% take-up for phase 2 of its Ariza Seafront Terraces comprising 35 units of landed homes in Seri Tanjung Pinang (STP), Penang.
