E&O's 3Q net profit multiplies eightfold, 9M net profit down 26%
KUALA LUMPUR (Feb 24): Eastern & Oriental Bhd (E&O)’s net profit multiplied eightfold to RM31.
E&O to launch RM205 mil worth of properties in the next three months
KUALA LUMPUR (Nov 17): Eastern & Oriental Bhd (E&O) is planning to launch an estimated RM205 million gross development value of properties within its Seri Tanjung Pinang development in Penang within the next three months.
E&O set to launch Amaris Terraces By-The-Sea at Seri Tanjung Pinang
PENANG (Oct 28): Eastern and Oriental Bhd (E&O) is set to launch its latest project Amaris Terraces By-The-Sea at its Seri Tanjung Pinang development in Penang this November, pending the completion of the project’s show unit.
The Tamarind at Seri Tanjung Pinang 94% sold
PENANG (Oct 5): The Tamarind executive apartments at Seri Tanjung Pinang (STP), Penang are 94% sold with a balance of 104 units as at Sept 13, Eastern and Oriental Bhd head of sales and marketing (Penang) Christina Lau told TheEdgeProperty.
Rocky second quarter, slower secondary market
THINGS have been quiet on the Penang primary property market so far, although the secondary market has seen some activity, albeit slower.
E&O plans to roll out RM1b worth of projects in FY17
KUALA LUMPUR (Aug 25): Eastern & Oriental Bhd, which plans to monetise its land bank to improve cash flow, will be launching close to RM1 billion worth of projects in the current financial year ending March 31, 2017 (FY17).
PROPERTY SNAPSHOT 3: What are developments priced in Sentul?
• Today, we continue our focus on Sentul by looking at average prices on a per square foot (psf) basis.
PROPERTY SNAPSHOT 2: What’s affordable in Sentul?
• While the Sentul Masterplan urban renewal continues, the rest of the neighbourhood remains a low to mid-end market, comprising primarily dated apartments and condominiums.
Second tower of The Tamarind 80% sold
PETALING JAYA (Feb 26): The second tower of The Tamarind executive apartments in Penang by Eastern & Oriental Bhd (E & O) is 80% sold since its launch in late-2015, the group said in a press statement.
