E&O 2Q earnings jump more than 5 times as property segment results doubles
KUALA LUMPUR (Nov 14): Lifestyle property developer Eastern & Oriental Bhd's (E&O) net profit jumped more than 5 times to RM19.
E&O's 3Q net profit multiplies eightfold, 9M net profit down 26%
KUALA LUMPUR (Feb 24): Eastern & Oriental Bhd (E&O)’s net profit multiplied eightfold to RM31.
The Tamarind at Seri Tanjung Pinang 94% sold
PENANG (Oct 5): The Tamarind executive apartments at Seri Tanjung Pinang (STP), Penang are 94% sold with a balance of 104 units as at Sept 13, Eastern and Oriental Bhd head of sales and marketing (Penang) Christina Lau told TheEdgeProperty.
Rocky second quarter, slower secondary market
THINGS have been quiet on the Penang primary property market so far, although the secondary market has seen some activity, albeit slower.
E&O plans to roll out RM1b worth of projects in FY17
KUALA LUMPUR (Aug 25): Eastern & Oriental Bhd, which plans to monetise its land bank to improve cash flow, will be launching close to RM1 billion worth of projects in the current financial year ending March 31, 2017 (FY17).
PROPERTY SNAPSHOT 3: What are developments priced in Sentul?
• Today, we continue our focus on Sentul by looking at average prices on a per square foot (psf) basis.
PROPERTY SNAPSHOT 2: What’s affordable in Sentul?
• While the Sentul Masterplan urban renewal continues, the rest of the neighbourhood remains a low to mid-end market, comprising primarily dated apartments and condominiums.
Second tower of The Tamarind 80% sold
PETALING JAYA (Feb 26): The second tower of The Tamarind executive apartments in Penang by Eastern & Oriental Bhd (E & O) is 80% sold since its launch in late-2015, the group said in a press statement.
The Tamarind Tower B 60% taken up
PENANG: Tower B of The Tamarind executive apartments by Eastern & Oriental Bhd (E&O) has received an encouraging response from buyers with 60% of the units having been taken up within two weeks of its launch in early December.
