Fare is key for HSR, say real estate consultants
PETALING JAYA: The Kuala Lumpur-Singapore High Speed Rail (HSR) will be a boost to properties near the stations, if the fares are reasonable.
Matrix Concepts ‘still a yield stock’
KUALA LUMPUR (Aug 8): Matrix Concepts Holdings Bhd, which was one of the small- to mid-capitalisation property developers that have been offering a decent dividend payout ratio (DPR) — at least 40% of its net profit — recently capped its DPR to a maximum of 40% instead.
IJM Land to launch Phase 2 of Rimbun Vista this September
PETALING JAYA (Aug 3): IJM Land Bhd will be launching the second phase of Rimbun Vista (3A2) at S2 Heights, Seremban 2 later this September, said its managing director Edward Chong.
HSR project to be beneficial in the long term, says Tan Sri Liew Kee Sin
PETALING JAYA (July 29): The Kuala Lumpur-Singapore High Speed Rail (HSR) project will benefit Kuala Lumpur, Seremban in Negeri Sembilan and Melaka the most, out of all the stops in the alignment, said EcoWorld Group Development Bhd non-independent non-executive chairman Tan Sri Liew Kee Sin (pictured).
IJM Land targets eight launches worth RM1 bil in 2H2016
KUALA LUMPUR (July 21): IJM Land Bhd plans to launch seven to eight projects with a cumulative gross development value (GDV) of almost RM1 billion in the second half of this year (2H2016), said managing director Edward Chong.
Matrix Concepts to build more high-end homes
BETTER known for building affordable residential and commercial properties, Seremban-based developer Matrix Concepts Holdings Bhd is planning to target the mid- to high-income market with the launch of higher-end properties.
KL-Singapore High Speed Rail to be ready in 2026
PUTRAJAYA (July 19): Malaysia and Singapore have signed a Memorandum of Understanding (MOU) to work towards commencing the Kuala Lumpur-Singapore High Speed Rail (HSR) operations by 2026.
No final decision on toll rate hikes yet, says highway body
KUALA LUMPUR (June 15): There has been no final decision made on toll hike for eight highways as negotiations are still ongoing, said the Association of Highway Concessionaires Malaysia.
Len Cheong turns to property development
KUALA LUMPUR (June 13): Melaka-based furniture maker Len Cheong Holding Bhd, which has just chalked up six months of profit on foreign-exchange (forex) gains and improved sales after over five quarters in the red during which overseas demand declined for its rubberwood furniture, may appear to have curious timing to observers.
