IJM shares fall to 9-year low as MRT3 scrapped, slump in 4Q earnings
KUALA LUMPUR (May 31): Shares in IJM Corp Bhd fell as much as 10.
The end of HSR ‘not ominous sign for bilateral relations’, say analysts
KUALA LUMPUR (May 31): The move to scrap the Kuala Lumpur-Singapore high-speed rail (HSR) “should not be seen as a move to spite Singapore”, according to analysts who spoke to the daily Today.
热盘行情：Penang Ayer Itam三层店屋的三楼
成交租金：每月RM1,500 交易推手：来自Khoo & Associates Realty的Mayzel Wong (REN 17359，017-575 8999) 成交月份：2018年1月 卖点： ● 永久地契 ● 1,300平方尺 ● 三层楼店屋 ● 毗邻Sunshine Farlim Shopping Mall、食肆、银行、诊所和学生学习中心 ● 大约距离升旗山和极乐寺3 km、乔治市6 km、槟威大桥9 km和槟城国际机场15 km 这间三层楼的店屋位在槟城Ayer Itam的Jalan Pisang Berangan，一个在槟岛以道地美食和著名旅游景点而闻名的地方。 促成这宗交易的Khoo & Associates Realty经纪Mayzel Wong表示，这个刚刚完工的商业区就在Sunshine Farlim Shopping Mall的正对面，且具备充足的停车位。 租下这个店屋单位三楼的租户，签下了为期两年、每月RM1,500的租约，并计划用此空间作为办公室，来经营资讯科技解决方案服务的生意。 Wong续称，这类新店屋的底层铺面每月租金大约是RM6,000，二楼是每月RM2,500，三楼大概为每月RM1,500。 她点出，这对租户来说是一宗很好的交易，因为他们想找的是一个交通便利且临近便利设施的办公地点，而这个位于Ayer Itam的店屋单位正符合他们的要求。 根据EdgeProp.
E&O 4Q net profit down 22%, proposes one-for-50 treasury stock units
KUALA LUMPUR (May 25): Property developer Eastern & Oriental Bhd's (E&O) net profit fell 21.
No more landbanking activities seen for Hua Yang
Hua Yang Bhd (May 23, 45 sen) Maintain market perform with a lower target price (TP) of 47 sen: Hua Yang Bhd’s core net profit (CNP) for its financial year 2018 (FY18) ended March 31, 2018 of RM4.
Paramount posts lower net profit in 1Q
KUALA LUMPUR (May 24): Paramount Corp Bhd achieved sales of RM227 million in the first quarter ended March 31, 2018 (1QFY18), but reported a slight drop in first-quarter net profit to RM6.
S P Setia launches ‘Ka Ki Lang’ Bonanza campaign in Penang
PETALING JAYA (May 18): Property developer S P Setia Bhd Group has launched the “Ka Ki Lang” Bonanza campaign which offers a variety of rewards for new Setia property owners who purchase units from now until the end of this year at the Setia Welcome Center (SPICE) in Penang today.
S P Setia makes debut in mainland Penang
KUALA LUMPUR (May 18): Property developer S P Setia Bhd will launch its maiden project in mainland Penang in the second half of this year, which forms part of its launches totalling RM5.
Ewein ups stake in Penang developer
KUALA LUMPUR (May 16): Ewein Bhd is increasing its stake in Ewein Zenith Sdn Bhd to 89% from 73%, as part of its plan to gain control in the Penang-based property developer, which is currently developing a luxury sea-front residential project worth RM800 million in gross development value.
Savills Malaysia: Housing prices to firm up in 2019
PETALING JAYA (May 14): Property consultancy Savills Malaysia expects housing prices to firm up in 2019, with real estate developers only able to increase supply by early 2020, following renewed confidence in the market from the new government’s promise of clean and fair governance.
