PROPERTY SNAPSHOT Paradigm Mall lifts Kelana Jaya
This week, we focus on the non-landed residential properties in Kelana Jaya, a fairly mature neighbourhood in Petaling Jaya.
Kenanga Research maintains overweight on construction sector
KUALA LUMPUR (July 2): Kenanga IB Research maintained its overweight call over the construction sector, as it is still firmly backed by contractors’ healthy orderbooks that provide two to three years visibility, while its replenishment prospects and earnings were met by most contractors.
WCT 1Q profit drops 17% on completion of projects
KUALA LUMPUR (May 25): WCT Holdings Bhd’s net profit declined 17% to RM33.
WCT may defer REIT listing plan
KUALA LUMPUR (May 20): Builder-cum-property developer WCT Holdings Bhd, which had earlier planned to set up a RM2 billion real estate investment trust (REIT) this year, may postpone the exercise until 2016.
WCT to focus on current launches, land value enhancement
KUALA LUMPUR (May 11): WCT Holdings Bhd will embark on a strategy to focus on demand oriented property sales and land value enhancement, said WCT deputy managing director Goh Chin Liong (pictured) as reported in The Edge Financial Daily today.
WCT Holdings sets lower sales target for 2015 but could see rebound due to large landbank
KUALA LUMPUR (April 27): Affin Hwang Capital reported on April 24 that WCT Holdings Bhd has set lower sales target for 2015 but due to its 2,200 acres (890.
