Paramount’s billings expected to pick up as construction works progress
Paramount Corp Bhd (May 12, RM1.
Kerjaya Prospek eyes RM600 mil order book target with Johor win
JOHOR BARU (May 13): Kerjaya Prospek Group Bhd (formerly Fututech Bhd), which has won a RM312.
An old housing estate’s potential
SOME of the older housing estates in Petaling Jaya, Selangor are like fine wine.
DONE DEAL: Glomac Centro at Kayu Ara, Petaling Jaya, Selangor
Rented for: RM1,800 Concluded by: Edmund Chin of Propstar Realty (012-339 1260) When: March 2016 Noteworthy: • Leasehold • Intermediate office unit on the first floor with washroom • Built-up area: 1,637 sq ft • Near institutes of higher education such as KDU, KBU and SEGi College; within 15 to 30 minutes’ drive to shopping malls such as 1 Utama, The Curve, IKEA and Atria Shopping Gallery • Surrounded by mature townships such as Bandar Utama, Damansara Utama and Damansara Jaya Glomac Centro is a mixed development comprising 2-storey shop offices and a block of 29-storey serviced apartments in Kayu Ara, Petaling Jaya.
CIDB: Public projects worth RM50m and above to adopt MyCREST
KUALA LUMPUR (May 12): The Construction Industry Development Board (CIDB) said the government will be mandating that all public projects worth RM50 million and above to adopt the Malaysian Carbon Reduction and Environmental Sustainability Tool (MyCREST), in a bid to reduce carbon emissions in the construction industry.
Paramount’s 1Q earnings tumble 58.21% on lower property sales
KUALA LUMPUR (May 12): Property developer Paramount Corp Bhd saw its net profit plunge 58.
PHB looking at new asset class?
REAL estate investment firm Pelaburan Hartanah Bhd (PHB) seems to have had a busy 2015.
2016 Mapex Property Showcase targets 25,000 visitors
PETALING JAYA (May 11): The 2016 Mapex Property Showcase is targeting to have at least 25,000 visitors at the five-day event, the organising chairperson of Mapex 2016, Carrie Fong told TheEdgeProperty.
I’m here to crack the whip, says TA Global’s Joo Kim
AFTER spending the most of the last seven years jetting back and forth between Vancouver, Canada, and Kuala Lumpur, the 36-year-old new CEO of TA Global Bhd, Tiah Joo Kim (pictured) — the third child and eldest son of chairman Datuk Tony Tiah and his wife Datin Tan Kuay Fong — says he is now back in town to “crack the whip” and get the group’s property projects moving.
PROPERTY SNAPSHOT 3: What are developments priced in Cheras?
• Today, we continue our focus on Cheras in Kuala Lumpur by looking at average prices on a per square foot (psf) basis.
