The five toughest properties to sell
SELLING a property can be made more difficult if the property suffers from certain conditions.
Best performing housing projects on Penang Island
With the hubbub on the softened property market, not even Penang, especially Penang Island, known for its land scarcity and extravagant property prices, is spared.
CityDev looks from Buangkok to Belgravia and Singapore to Suzhou for FY17 earnings
SINGAPORE (Feb 24): CIMB is maintaining its “add” call on City Developments with higher target price of S$10.
Ibraco's 4Q net profit down 80%; still positive on property outlook
KUALA LUMPUR (Feb 24): Sarawak-based property developer Ibraco Bhd's net profit in the fourth quarter ended Dec 31, 2016 (4QFY2016) dropped 80% to RM3.
Teega @ Puteri Harbour to start handover process from end-February
ISKANDAR PUTERI (Feb 24): UEM Sunrise Bhd is set to see the handover of its serviced apartments and offices at its mixed development Teega @ Puteri Harbour (Teega) in Iskandar Malaysia, Johor by the end of this month.
Property prices in East Malaysia to decline in 3Q2017 or 4Q2017, says Taylor Hobbs
KUALA LUMPUR (Feb 24): The property prices in East Malaysia is expected to drop in the third quarter or fourth quarter of 2017 if the slowdown in the market persists, said property valuer and estate agency Taylor Hobbs principal consultant Liaw Lam Thye.
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.
$6.6 million loss at Seascape mortgagee sale
ON Feb 7, a 4,069 sq ft unit at Seascape in Sentosa Cove was sold at a $6.
DONE DEAL: 2-storey terraced house at Taman Nuri, Bandar Puchong Jaya, Selangor
Sold for: RM695,000 Concluded by: Wa Wa Liew (REN 02732) of Pro-Tech Realty (012-309 7661) When: November 2016 Noteworthy: ● Freehold ● 4 bedrooms and 3 bathrooms ● Built-up: 1,800 sq ft ● Land size: 1,500 sq ft ● Property is more than 20 years old Located between Bandar Sunway and Bandar Kinrara, Bandar Puchong Jaya is a 930-acre township in Puchong, Selangor.
Tambun Indah Land to roll out RM170 mil worth of launches in 2017
PETALING JAYA (Feb 23): Penang-based property developer Tambun Indah Land Bhd plans to launch three new projects worth about RM170 million for 2017, said the developer.
