Sime Darby Property issues RM600m sukuk under RM4.5b programme
The rating of the sukuk programme of AA +IS has been affirmed by MARC Ratings Bhd with a stable outlook, the group said.
LBS Bina drops 6% in 2Q on lower contribution from property development business
It attributed the decrease in revenue and PBT to certain development projects that were near their completion before vacant possession.
Fajarbaru forms JV with hostel management company for RM172.4m-GDV labour quarters project
The project comprises the development and construction of 672 units of centralised labour quarters on a 10.
Lagenda Properties' net profit falls 34% on lower property development contribution, higher finance costs
“Lagenda has a proven track record of delivering landed affordable housing with lifestyle facilities and our key projects have recorded take-up rates of above 90%.
Johor Bahru property prices, rentals catching up with Klang Valley on RTS Link, strong Singapore dollar — RHB IB
According to RHB Investment Bank (RHB IB), which has received insights from real estate agency Knight Frank Malaysia, a lot of infrastructure projects, property developments, facility expansions and investments are “brewing” in Iskandar Malaysia, which is formed by major cities in Johor.
Asia-Pacific logistics rents continue to rise in 1H2023 — Knight Frank
Rental growth expected to ease for remainder of the year as occupiers adopt cautious approach KUALA LUMPUR (Aug 21): Prime logistics rent in 17 key cities across Asia-Pacific showed an average rise of 10.
Guocoland 4Q net profit falls 34% on lower contribution from property development segment, pays 2 sen dividend
The group in a filing with Bursa on Aug 18 said it also saw a lower share of results of associates and joint ventures in the current quarter, mainly due to a share of loss in an associated company resulting from fair value loss on its investment properties.
UEM Sunrise exceeds launch and sales targets for 2023
Total revenue of RM605 million; 76% from property development activities.
Increased optimism for 1H2024, despite neutral outlook for the rest of 2H2023 by developers — Rehda
Having emerged from the pandemic a year ago with everything continuing to normalise and getting better, and with elections out of the way, developers are optimistic about the next year.
Perak Corp, private firm ARX-YSC to jointly develop land in Perak four years after JV agreement
In a filing with Bursa Malaysia on Thursday (Aug 17), Perak Corp said it had on Wednesday entered into a supplemental agreement to the JVA entered into on Sept 10, 2019 with ARX-YSC to vary certain terms of the JV.
