Sime Darby Property incurs maiden RM347m loss in 2Q
KUALA LUMPUR (Feb 28): Sime Darby Property Bhd posted a maiden loss of RM347.
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CIMB Research: National Affordable Housing Policy could bite into developers' margins
KUALA LUMPUR (Jan 29): The larger affordable homes under the National Affordable Housing Policy (NAHP) could further erode property developers' margins if no incentives or subsidies are given to private developers, according to CIMB Research.
Battersea Power Station developer donates £10,000 to M'sian stroke victim stuck in London
PETALING JAYA (Jan 12): The Malaysian-owned developer of a major rejuvenation project in London has donated £10,000 (RM52,622) to a fellow Malaysian who had suffered a stroke while on a trip there.
Housing market likely to remain challenging
Property sector Maintain neutral: Our analysis shows that the Medium 40% (M40) and Bottom 40% (B40) households face difficulty in buying properties as the average house price is above both groups’ affordability range.
PNB, EPF dismiss 'bailout' concerns in RM8.3b Battersea Power Station deal, says report
KUALA LUMPUR (Dec 22): Battersea Phase 2 Holding Co Ltd (Battersea Phase 2 Holdco) and PNB-Kwasa International 2 Ltd inked a sale and purchase agreement to acquire Phase 2 of the Battersea Power Station (BPS)’s (pictured) commercial assets for a base consideration of £1.
Higher FY20 earnings expected for Sime Darby Property
Sime Darby Property Bhd (Dec 20, 95.
S P Setia to gain RM393.6m pre-tax profit in FY20, says HLIB Research
KUALA LUMPUR (Dec 18): Hong Leong Investment Bank Research is expecting S P Setia Bhd to recognise a profit before tax of RM393.
PNB and EPF buys Battersea Power Station phase 2 for RM8.35bn base consideration
PETALING JAYA (Dec 17): Battersea Phase 2 Holding Company Ltd (Battersea Phase 2 Holdco) and PNB-Kwasa International 2 Ltd has inked a sale and purchase agreement to acquire Phase 2 of the Battersea Power Station commercial assets last Friday for a base consideration of £1.
Advancecon bags RM43m earthworks job from Sime Darby
KUALA LUMPUR (Nov 15): Advancecon Holdings Bhd has bagged a RM43.
Zeti: Property prices have to adjust
KUALA LUMPUR (Oct 31): Property prices will definitely have to adjust in the near term to cater to the softening demand, said Sime Darby Property Bhd's chairman Tan Sri Zeti Akhtar Aziz.
