CapitaLand Malaysia’s 1Q NPI up 9% on better revenue contribution; declares 0.87 sen DPU
Its portfolio occupancy improved to 89.
LSH Capital shareholders pave way for diversification into property development
The corporate proposals entail a combined outlay of RM157.
SunCon receives Johor Bahru-Singapore RTS contract worth RM604.86 mil
On March 23, SunCon announced to Bursa Malaysia that its wholly-owned subsidiary Sunway Construction Sdn Bhd had signed the Letter of Acceptance in respect for the proposed construction and completion of Package 1B and Package 5 for the RTS project.
Malaysia's overhang residential units dip below 30,000 for first time in two years
A total of 27,746 overhang units were recorded in 2022, declining by 24.
Property transaction value hit record RM179b in 2022 — Napic
Commenting on the outlook for the property market this year, Napic director Aina Edayu Ahmad said it depends on market sentiment, especially from property developers and households.
Govt confident of reducing MRT3 costs to below RM45b, says Anwar
“This effort [to reduce the price] is in line with the renewed drive to improve governance, to reduce the procurement cost to achieve savings that can be shared for the benefit of the rakyat.
Top Builders says it won't be able to submit 1Q results on time
Trading in the Practice Note 17 company's shares has been suspended since Nov 8 last year, pending the submission of the FY2022 annual report and 1QFY2023 financial report.
Capitaland Malaysia gets unitholders’ nod to buy Queensbay Mall for RM990.5m
Unitholders also approved a private placement of up to 1.
Top Builders granted six-month extension till end-June to submit regularisation plan
On Dec 1 last year, the company said it was still in the midst of formulating a regularisation plan to address its financial condition.
Malaysia’s residential overhang improves in 3Q2022
The majority of the total residential overhang units are those priced between RM500,000 and RM1 million at 31.
