Rahim & Co: Property market remains above pre-pandemic levels despite slowdown in 1Q2023, industrial subsector shows positive growth
The firm’s director of research Sulaiman Saheh highlighted that there were 89,179 transactions worth RM42.
Editor's Two Cents: Can we end the illegal racing scourge in our streets?
Residents who live in secluded developments may not have to endure these youthful disport but it can really impact the life quality of those unable to avoid the throttle roars.
Sime Darby Property sees challenging year for property industry, but optimistic about hitting sales target
Group managing director Datuk Azmir Merican: I think it is a difficult time especially today, as you see a lot of price increases.
YTL Corp posts flat 3Q net profit
Its property investment and development saw loss before tax narrowed due to the absence of a rental deferral programme which ended June 30, 2022, and the absence of unrealised foreign exchange loss on borrowings denominated in foreign currencies by YTL Hospitality REIT.
MBSB earnings up 27.3% on lower expected credit losses and opex
Commenting on the results, MBSB group chief executive officer Datuk Nor Azam M Taib said, “The improvement is driven by strong fundamentals based on our business plan despite the challenging economic environment.
Berjaya Land returns to black in 3Q amid higher revenue
The group also saw higher property progress billings from its property development and investment business segment, coming from its project at The Tropika, Bukit Jalil.
Sime Darby Property’s industrial growth strategy bolstered via RM618 mil land acquisition
The Kapar land acquisition is in line with Sime Darby Property’s SHIFT25 strategy, which aims to transform the company from a pure play property developer into a real estate company by broadening and diversifying its income streams.
MCT returns to the black with 1Q net profit of RM136k
MCT chief executive officer Teh Heng Chong said the developer plans to launch two new projects soon.
Sime Darby Property’s 1Q net profit up 17% to RM60.67 mil
In a bourse filing on Thursday (May 25), the developer said revenue for the quarter rose 43% to RM685.
Kerjaya Prospek confident in defending profit margin this year
In a recent briefing, Kerjaya Prospek said it would prioritise tendering for contracts valued between RM300 million and RM500 million, which are less competitive, and thus could yield better margins.
