News about S

KUALA LUMPUR (Sept 23): Selangor Properties Bhd saw its net profit surge almost sixfold (480.

MUMBAI (Sept 23): A good 69% of unsold property inventory (within the Brihanmumbai Municipal Corp limits) is of units worth more than INR one crore (about RM658,000) each, amounting to 30,501 units out of a total 44,032 reported JLL India.

KUALA LUMPUR (Sept 23): At a glance, Eco World Development Bhd’s proposed RM1.

PETALING JAYA (Sept 23): Iris Corp Bhd expects to return to profit in its current financial year ending March 31, 2016 (FY2016), after a single year of losses, its group managing director Datuk Tan Say Jim said.

KUALA LUMPUR (Sept 23): Public Investment Bank Bhd has maintained its “Overweight” rating on the property sector, but cautioned demand remains soft due to deteriorating affordability and more stringent lending weighing down on it.

Sunway Construction Group Bhd (Sept 22, RM1.

MANY of us have seen advertisements or heard about “buy-to-lease” property schemes especially, serviced apartments that are used as hotel accommodation.

This is the third in a series of four snapshots on Bandar Kinrara.

GEORGE TOWN (Sept 22): Eco World Development Group Bhd has received a six-month extension to obtain the planning permission, until March 26 next year, from the Penang Development Corp (PDC) for its proposed RM10 billion Eco Marina Development project in Bandar Cassia, Batu Kawan, in Seberang Perai Selatan, Penang.

KUALA LUMPUR (Sept 22): Protasco Bhd will hand over its entire Phase 1 of the De Centrum City development in Kuala Lumpur South, comprising a shopping centre block with 29 retail units, a service apartment block with 320 units, a small office/home office block with 192 units and 54 shop lots to purchasers in December this year.