News about UN

PETALING JAYA (March 25): UEM Sunrise Bhd has completed the topping out for its condominium project, Verdi “eco-dominiums”, in its Symphony Hills development in Cyberjaya, Selangor, the group said in a press statement today.

KUALA LUMPUR (March 25): Ahmad Zaki Resources Bhd has been awarded the first viaduct work package for the construction of the Mass Rapid Transit (MRT) Sungai Buloh-Serdang-Putrajaya (SSP) Line, worth RM1.

KUALA LUMPUR (March 25): Gamuda Bhd, which is involved in construction and property as well as water concessions, saw a 12% drop in net profit in its second financial quarter ended Jan 31, 2016 (2QFY16) to RM160.

PETALING JAYA (March 24): Bukit Bintang City Centre’s (BBCC) serviced apartments – which will be open for a public preview this weekend – will be priced indicatively at RM1,600 psf, said a personnel from developer BBCC Development Sdn Bhd.

Property sector Maintain neutral: Among our coverage universe, Matrix Concepts Holdings Bhd is the only developer that has managed to achieve positive growth in full-year sales (+28% year-on-year [y-o-y]) mainly due to its focus on the affordable mass market with a pricing range of below RM600,000.

PETALING JAYA (March 23): Binastra Land Sdn Bhd, a wholly-owned subsidiary of Binastra Group, is in talks with AccorHotels Group to bring in a new hotel brand to its upcoming mixed development ION at Jalan Sungai Besi, said Binastra Land executive director Datuk Ong Theng Soon.

PETALING JAYA (March 23): UEM Sunrise Bhd has sold a total of 129 properties worth RM215 million across the central and southern regions following its two-month Signature Selection campaign held late last year.

PETALING JAYA (March 22): About 4,000 households in Bandar Bukit Raja celebrated Earth Hour together with the developer, Sime Darby Property Bhd, last Saturday.

PETALING JAYA (March 22): Thriven Global Bhd plans to unveil the 2-storey Soho (small office-home office) suites of Lumi Tropicana early May this year, with indicative selling prices from RM600,000.

KUALA LUMPUR (March 21): Kerjaya Prospek Group Bhd, formerly Fututech Bhd, has bagged a RM181.