GuocoLand 4Q profit jumps over three times as property development, hospitality businesses improve
According to GuocoLand's Bursa Malaysia filing, revenue for the quarter grew 29.
Henry Butcher Malaysia (Mont Kiara) wins big at The Edge Malaysia BMSPA 2022
The firm's properties that bagged the gold award were Solaris Mont' Kiara (above 10 years mixed-development category), Menara Bangkok Bank (below 10 years multiple-owned strata office), Guoco Tower (below 10 years single-owned office in a mixed strata), Star Residences (below 10 years multiple-owned strata residential), Sime Darby Motors City (below 10 years specialised category) and 3 Kia Peng Apartments (above 10 years multiple-owned strata residential).
Bandar Bukit Raja gets access boost with Jalan Meru flyover
The 420m flyover has a dedicated ramp to ensure smoother traffic flow towards the West Coast Expressway It will connect road users from Persiaran Sungai Keramat, Persiaran Astana and Bandar Setia Alam, benefitting the residents of Bandar Bukit Raja, Meru and Kapar in Klang KLANG (Aug 12): Residents of Bandar Bukit Raja will now have another access point with the opening of a flyover on Jalan Meru constructed by Sime Darby Property.
Near-term outlook for property sector to remain unexciting, says MIDF
It said residential overhang units in 1QCY22 were largely contributed by condominium and apartment.
Kejuruteraan Asastera secures LOI for RM16.7m subcontract works at Bon Kiara condominium
The engineering and energy solutions provider secured the LOI from Land Marker Sdn Bhd, a subsidiary of Bon Estates Sdn Bhd.
More than 13,000 applications worth RM1.5b under Housing Credit Guarantee Scheme approved since 2008
The government has continued the scheme through the provision of guarantees of up to RM2 billion through Budget 2022 in an effort to increase the number of participants from targeted groups.
KLCC Stapled Group's 2Q net profit rises 15% to RM165 mil, declares eight sen dividends
The group said in a Bursa Malaysia filing on Tuesday (Aug 9) that the improved year-on-year performance was mainly due to a better performance of its retail segment, driven by lower rental assistance and higher advertising income.
Industrial sector sees growth while retail segment is recovering, says Knight Frank
Industrial sector continues to flourish Optimism for the growth of retail sector following a robust quarterly growth PETALING JAYA (Aug 9): The local industrial sector has seen steady growth while the retail sector is recovering with stable increase of occupancy rates, according to the Knight Frank Malaysia’s Real Estate Highlights for 1H2022 (REH).
Sime Darby Property registers new sales of RM888.9 million for 1Q2022
Actual sales were RM2.
UEM Sunrise buys Jalan Semarak land for RM384 mil
The vendor is Nipponkey Sdn Bhd, a company largely controlled by Paragon Globe Bhd Chairman Datuk Seri Edwin Tan Pei Seng, said UEM Sunrise in a filing with Bursa Malaysia.
