News about aw

KUALA LUMPUR (Sept 23): Daya Materials Bhd’s engineering and construction unit has bagged a RM224 million contract to build retail facilities for Aspen Vision City Sdn Bhd in Batu Kawan, Penang.

KUALA LUMPUR (Sept 23): The annual MIEA National Real Estate Awards (NREA) organised by the Malaysian Institute of Estate Agents (MIEA) has received 31 submissions and more than 20 winners will be announced at the gala dinner to be held on Oct 1 at Sime Darby Convention Centre in Kuala Lumpur.

KUALA LUMPUR (Sept 21): After holding back some of its project launches for about a year, Glomac Bhd is now targeting to launch properties worth some RM1 billion in total gross development value (GDV) before its current financial year end April 30, 2017 (FY2017).

  THE Edge Malaysia Property Excellence Awards recognise Malaysia’s best developers and outstanding projects throughout the country.

KUALA LUMPUR (Sept 14): AWC Bhd’s 51%-owned environment division has bagged three independent subcontracts, including one for the KL118 project, for a collective value of RM27.

Construction sector Maintain overweight call: We remain “overweight” on the construction sector as news flows on contract awards should sustain the sector’s outperformance.

KUALA LUMPUR (Sept 13): Analysts expect no significant impact on the local property market, following the government’s move to allow eligible property developers to obtain a licence under the Moneylenders Act and Pawnbrokers Act to provide up to 100% financing for homebuyers.

                 HOME sharing, such as through Airbnb and HomeAway, is gaining popularity as an avenue of income for property owners, especially those looking to gain some returns on their investments but do not want to lease their property for the long term.

PETALING JAYA: PPC Glomac Sdn Bhd (PPC Glomac), a joint venture between Pembinaan Punca Cergas Sdn Bhd and Glomac Bhd, plans to launch a mixed development with an estimated gross development value (GDV) of RM300 million in Rawang this year.

PETALING JAYA (Sept 9): Qi City integrated development by Green Venture Capital (GVC), a subsidiary of Wawasan Qi Properties Group (WQIP), is poised to be the next catalyst for Ipoh and it’s expected to contribute RM1.