KUALA LUMPUR (Dec 29): Property developers are expected to register another year of slow performance in 2017 amid a lack of catalysts for the segment, as cooling measures introduced by the central bank to rein in speculation continue to be the main hurdle for property companies.
KUALA LUMPUR (Nov 23): UOA Development Bhd's net profit fell 30.
Sold for: RM525,000 (RM734 psf) Concluded by: Zen Ong (REN 16470) (019-590 0972) and Adeline Teh (REN 04207) (012-320 6520) of Hartamas Real Estate (OUG) When: September 2016 Noteworthy: ● Freehold ● 715 sq ft ● 2 bedrooms and 2 bathrooms ● High floor ● Facing north west Developed by UOA Development Bhd, Desa Green is a high-density serviced apartment project in Taman Desa.
Property sector Maintain neutral call: According to media reports quoting Urban Wellbeing, Housing, and Local Government Minister Tan Sri Noh Omar, eligible housing developers can now obtain licences to provide homebuyers with up to 100% of house financing.
KUALA LUMPUR (Aug 24): UOA Development Bhd's net profit for the second quarter ended June 30, 2016 (2QFY16) surged 80.
PETALING JAYA (June 1): UOA Hospitality Sdn Bhd (UOA Hospitality), a unit of UOA Development Bhd, has inked a memorandum of understanding (MoU) with Hubei Chutian Media & Hotel Investment Management Co Ltd (Hubei Chutian) for a long-term partnership that involves resource sharing, complementary advantages and exploration of new markets, UOA Hospitality announced in a media statement today.