News about S

PETALING JAYA (Feb 26): The second tower of The Tamarind executive apartments in Penang by  Eastern & Oriental Bhd (E & O) is 80% sold since its launch in late-2015, the group said in a press statement.

SUBANG JAYA (Feb 26): Titijaya Land Bhd will be unveiling the last block of its H2O Residences at Ara Damansara in Petaling Jaya early next month, according to the company’s executive director Charmaine Lim (pictured, below).

KUALA LUMPUR (Feb 26): Paramount Corp Bhd, which saw its full-year 2015 net profit climb 8.

FOR Dave Soh (pictured), senior negotiator at MIP Properties, selling properties is just one part of his job scope as he believes there is more to the profession.

2015 was not a great year for the Malaysian property market.

Rented for: RM4,695 per month or RM5 psf (including 6% GST) Concluded by: Jaimie Lee of Property Hub Sdn Bhd (012-281 9182) When: December 2015 Noteworthy: * Built-up: 939 sq ft * The only unit with this built-up on the entire floor * High floor, facing east overlooking the Pantai area * Partly furnished with air-conditioning units, flooring and pantry * MSC-status-certified office building The Vertical comprises two office buildings and the above mentioned unit is located in The Vertical II Office Suites, also known as Tower B.

KUALA LUMPUR (Feb 25): SP Setia Bhd achieved a net profit of RM208.

KUALA LUMPUR (Feb 25): Selangor Properties Bhd (Selangor Prop) expects the group's earnings growth to remain flat in its current financial year ending Oct 31, 2016 (FY16), as the group, which has not launched new products for some years — though it has a luxury condominium planned this year — continues to rely on its property investments as its major income stream for now.

KUALA LUMPUR (Feb 25): UOA Development Bhd saw its net profit rise 25.

KUALA LUMPUR (Feb 25): Paramount Corp Bhd is doubling its property launches this year to RM770 million, from RM313 million in 2015, and aiming to have RM480 million new sales for the financial year ending Dec 31, 2016 (FY16).