News about S

PENANG (April 24): The Design Village premium outlet mall development in Batu Kawan, Penang is on schedule for a Christmas 2016 opening, said PE Land (Penang) Sdn Bhd.

KUALA LUMPUR (April 24): Perak property market transaction values increased marginally by 3.

KUALA LUMPUR (April 23): Property player S P Setia Bhd has fixed the price of its new shares to be issued in relation to its third dividend reinvestment plan (3rd DRP) at RM3.

KUALA LUMPUR (April 23): Pavilion Real Estate Investment Trust (REIT) saw its first financial quarter ended March 31, 2015 (1QFY15) distributable income rise 6.

KUALA LUMPUR (April 22): The projected gross development value (GDV) of a new residential development project in Puchong by Matrix Concepts Holdings Bhd could be increased up to RM754 million from RM500 million, according to Hong Leong Investment Bank Research, as reported in The Edge Financial Daily today.

KUALA LUMPUR (April 23): Eco World Development Bhd will not propose any dividend for its shareholders for the next two to three years as it is still in a growth phase, its chief financial officer Datuk Heah Kok Boon said.

KUALA LUMPUR (April 23): CIMB Research is confident that Komtar’s makeover will boost Only World Group Bhd (OWG) revenue.

MELAKA (April 23): While the majority of residential launches in Peninsular Malaysia were in the RM200,000 to RM500,000 range in 2H2014, launches recorded in Melaka were mainly in the RM500,001 to RM1 million range, according to The Real Estate and Housing Developers Association Malaysia (REHDA) Property Industry Survey 2H2014 released in March.

KUALA LUMPUR (April 23): Iskandar Waterfront City Bhd (IWC) plans to acquire three adjourning parcels of freehold land in Johor Baru, which measures a collective 67.

NSSB manages and operates the Nu Sentral Mall in Kuala Lumpur (theedgeproperty.