UOA Development's 3Q net profit falls 30.3% to RM110.4m
KUALA LUMPUR (Nov 23): UOA Development Bhd's net profit fell 30.
DONE DEAL: Desa Green serviced apartments @ Taman Desa, Kuala Lumpur
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.
Govt initiative may see sales of property increase slightly
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.
Property sector to see some rules relaxation?
Property sector (Sept 5) Upgrade to neutral from underweight: Year to date (YTD), the Kuala Lumpur Property Index (KLPRP) is up by 2.
UOA Development's 2Q net profit up 80% on revenue from ongoing developments
KUALA LUMPUR (Aug 24): UOA Development Bhd's net profit for the second quarter ended June 30, 2016 (2QFY16) surged 80.
UOA REIT’s 2Q distributable income flat
KUALA LUMPUR (July 21): UOA Real Estate Investment Trust (REIT) said its total income available for distribution slipped 3.
UOA inks MoU with China hospitality company
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.
UOA Development's 1Q net profit rises 22.4%
KUALA LUMPUR (May 25): UOA Development Bhd saw its net profit rise 22.
UOA REIT's chairman Alwi Jantan quits for personal reasons
KUALA LUMPUR (April 21): UOA Real Estate Investment Trust (UOA REIT) said its chairman Tan Sri Alwi Jantan has resigned today, due to personal reasons.