KUALA LUMPUR (Nov 17): Malaysian Resources Corp Bhd (MRCB) is disposing of a one acre plot of land to Mass Rapid Transit Corp Sdn Bhd (MRT Corp) for RM180 million due to concerns over its proximity to the construction of the MRT Line 2.
PETALING JAYA (Nov 17): Penang property developer Tambun Indah Land Bhd has recorded a net profit increase of 5.
KUALA LUMPUR (Nov 17): Eastern & Oriental Bhd (E&O) is planning to launch an estimated RM205 million gross development value of properties within its Seri Tanjung Pinang development in Penang within the next three months.
Any typical developer will maximise profit by building as much selling space as possible within an acquired plot.
KUALA LUMPUR (Nov 17): CIMB Group Holdings Bhd is bracing for a "slight slowdown" in home and car loans in 2017, as the banking sector contends with weak consumer sentiment, CIMB group consumer banking CEO Samir Gupta said.
KUALA LUMPUR (Nov 17): Tiles maker and property developer Seacera Group Bhd is acquiring property investment firm Duta Nilai Holdings Sdn Bhd for RM165.
SUBANG JAYA (Nov 16): Sunway Bhd plans to turn the office blocks located above the upcoming Sunway Velocity Mall into a real estate investment trust (REIT) product.
PETALING JAYA (Nov 15): Bukit Hitam Development Sdn Bhd’s Epic Residence serviced apartment development in its Bukit Puchong township is scheduled for completion in April 2017, the developer said in a statement.
SHAH ALAM (Nov 15): Paramount Corp Bhd's (Paramount) property arm has launched its first development in Penang, the 44.
Land is a property developer’s most important asset as it enables the developer to sustain and grow its business.
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