News about alam

THE Kuala Lumpur office market will remain restrained in the near future despite opportunities for investors, institutional funds and real estate investment trusts.

KUALA LUMPUR (Dec 13): It has been a relatively quiet year for Paramount Corp Bhd, which initially targeted some RM770 million worth of property launches this year but only achieved RM90 million of that so far as most of its projects were deferred, not surprisingly, due to the soft property market.

SHAH ALAM (Dec 9): EcoWorld Development Bhd’s shareholders today approved the provision of financial assistance by the Employers Provident Fund (EPF) to the group’s subsidiary, Paragon Pinnacle Sdn Bhd.

KAJANG (Dec 6): MKH Bhd is confident it will maintain an 80% average take-up rate for its property launches in financial year ending Sept 30, 2017 (FY2017).

KUALA LUMPUR (Dec 2): Property developer Sunsuria Bhd has lined up projects with an estimated gross development value (GDV) of RM1.

SHAH ALAM (Nov 30): Eco World Development Group Bhd's (EcoWorld) Eco Ardence in Shah Alam has already chalked up a take-up rate of 85% for its first phase since its launch in September this year, said its president and CEO Datuk Chang Khim Wah.

KAJANG (Nov 28): MKH Bhd is expecting a challenging year ahead.

Just like how retailers offer discounts to keep sales up during a slow period, developers also have a few tricks up their sleeves to sell their properties amidst the current unfavourable economic climate.

KUALA LUMPUR (Nov 18): Pintaras Jaya Bhd, a piling and civil engineering services provider, saw its net profit for the first quarter ended Sept 30, 2016 (1QFY17) nearly doubled to RM13.

SHAH ALAM (Nov 15): Paramount Corp Bhd's (Paramount) property arm has launched its first development in Penang, the 44.