Sunway REIT 4Q NPI rises 9.3%; declares higher DPU
KUALA LUMPUR (Aug 11): Sunway Real Estate Investment Trust (REIT) saw a 9.
PKNS delays REIT plan to 2019
KUALA LUMPUR (July 31): The Selangor State Development Corp, better known as PKNS, has postponed its initial target of establishing a real estate investment trust via its property investment unit PKNS Real Estate Sdn Bhd (PKNS RE) by 2018 to 2019, while it continues to look for good buys to raise PKNS RE’s total asset value to RM1 billion.
Contractor’s pull-out flags mounting cost pressures
KUALA LUMPUR (July 24): With billions of ringgit in mega infrastructure projects that have been and are to be awarded, the construction sector has been hailed as a bright spot in corporate Malaysia.
Hua Yang 1Q net profit plunges 92.8% due to lesser ongoing projects
KUALA LUMPUR (July 13): Hua Yang Bhd saw its net profit for the first financial quarter ended June 30, 2017 (1QFY18) plunge 92.
REHDA targets RM1 bil sales at MAPEX Affordable Housing carnival
KUALA LUMPUR (July 4): The Real Estate and Housing Developers' Association (REHDA) is targeting to achieve RM1 billion in sales from around 100,000 units ranging not more than RM500,000 at its upcoming 3-day Affordable Housing Carnival — Malaysia Property Expo (MAPEX) from Aug 11 to Aug 13, 2017.
Mah Sing acquires land in Cheras and Penang, plans to develop RM2.35 bil worth of projects
PETALING JAYA (July 3): Mah Sing Group Bhd has expanded its landbank in Cheras and mainland Penang.
Ever thought of investing in industrial property?
How often do we hear of people investing in industrial properties? Chan F C is one of the few who had.
MRCB first-quarter net profit rises over twofold to RM10.46 mil
KUALA LUMPUR (May 30): Malaysian Resources Corp Bhd (MRCB) saw its net profit for the first financial quarter ended March 31, 2017 (1QFY17) more than double to RM10.
