KUALA LUMPUR (Nov 18): Standard Chartered Bank’s global research unit said it now expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) only in the later part of the first quarter of 2017 (1Q17).
KUALA LUMPUR (Nov 18): GuocoLand (Malaysia) Bhd, which is controlled by tycoon Tan Sri Quek Leng Chan, saw net profit for the first quarter ended Sept 30, 2016 (1QFY17) fall near 99% year-on-year (y-o-y) to RM265,000 or 0.
KUALA LUMPUR (Nov 18): YTL Corp Bhd saw its net profit drop 25% to RM150.
PETALING JAYA: The inaugural TheEdgeProperty.
PETALING JAYA: Good architectural design could promote awareness on sustainable development and be a source of inspiration, according to international global award-winning architects.
Sold for: RM525,000 (RM734 psf) Concluded by: Zen Ong (REN 16470) (019-590 0972) and Adeline Teh (REN 04207) (012-320 6520) of Hartamas Real Estate (OUG) When: September 2016 Noteworthy: ● Freehold ● 715 sq ft ● 2 bedrooms and 2 bathrooms ● High floor ● Facing north west Developed by UOA Development Bhd, Desa Green is a high-density serviced apartment project in Taman Desa.
KUALA LUMPUR (Nov 17): Malaysian Resources Corp Bhd (MRCB) is disposing of a one acre plot of land to Mass Rapid Transit Corp Sdn Bhd (MRT Corp) for RM180 million due to concerns over its proximity to the construction of the MRT Line 2.
Space, and how people interact with it, is ever evolving.
KUALA LUMPUR (Nov 17): Eastern & Oriental Bhd (E&O) is planning to launch an estimated RM205 million gross development value of properties within its Seri Tanjung Pinang development in Penang within the next three months.
Any typical developer will maximise profit by building as much selling space as possible within an acquired plot.
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