UOA Development FY17 earnings to be driven by stellar property sales in FY16
UOA Development Bhd (May 23, RM2.
UOA Development's 1Q net profit down 55% as revenue falls
KUALA LUMPUR (May 22): UOA Development Bhd’s net profit fell 55% to RM43.
UOA Development to launch three new projects this year with combined GDV of RM700 mil
KUALA LUMPUR (May 22): Property developer UOA Development Bhd will be launching three new projects this year with a combined total gross development value (GDV) of about RM700 million, according to the group’s senior manager Yap Kang Beng.
UOA Development 4Q earnings multiply threefold, proposes 15 sen dividend
KUALA LUMPUR (Feb 22): UOA Development Bhd’s net profit multiplied threefold to RM345.
DONE DEAL: Desa Green serviced apartment @ Taman Desa, Kuala Lumpur
Sold for: RM435,000 (RM753 psf) Concluded by: Derrick Hum (REN 10765) of Property Exchange (012-723 0309) When: October 2016 Noteworthy: ● Freehold ● 578 sq ft ● One bedroom and one bathroom ● High floor ● Facilities: Children’s playground, wading pool, gymnasium, leisure pool, lap pool, multipurpose hall, open terrace and sauna Situated on a three-acre freehold site, Desa Green is a high-density serviced apartment developed by UOA Development Bhd.
Looking ahead into a lacklustre property sector
Property sector Maintain neutral: The House Price Index (HPI) grew by 5.
‘Property outlook to remain subdued as lending stays tight’
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.
UOA Development's 3Q net profit falls 30.3% to RM110.4m
KUALA LUMPUR (Nov 23): UOA Development Bhd's net profit fell 30.
