Sentosa Cove property market stirs
AFTER a three-year slump, signs of life are returning to the property market in Sentosa Cove.
Marco plans to diversify into property sector
UALA LUMPUR (May 31): Marco Holdings Bhd — the distributor of Casio watches, calculators, digital cameras and musical instruments — plans to expand its business into property development in the next two years.
Asia Pacific investors look to home amid policy uncertainties in US, Europe
PETALING JAYA (May 31): The Asia-Pacific region is expected to benefit from the policy uncertainties in the US and Europe in recent times.
Ascott Residence Trust acquires Doubletree by Hilton hotel in Manhattan for S$148 mil
SINGAPORE (May 31): Ascott Residence Trust (ART) is acquiring DoubleTree by Hilton Hotel New York – Times Square South for US$106 million (S$148.
Hap Seng eyes more acreage in Sabah
KUALA LUMPUR (May 31): Hap Seng Consolidated Bhd is looking at expanding its acreage in Sabah as it continues to expect stable contributions from its palm oil plantations division.
LBS Bina still positive on China joint venture
KUALA LUMPUR (May 31): LBS Bina Group Bhd has said it is still positive on its joint venture with China's local investment arm Zhuhai Jiuzhou Group Holdings Ltd, as the company expects to obtain planning and layout approvals for the project within the next few months.
MKH’s 2Q net profit falls 10.8% on lower revenue, slowing property and construction segment
KUALA LUMPUR (May 31): MKH Bhd has reported lower net profit and revenue for its second quarter ended March 31, 2017 (2QFY17) mainly due to lower sales revenue and profit recognition from its property and construction segment.
Fajarbaru 3Q earnings surges eight times on property development revenue
KUALA LUMPUR (May 31): Fajarbaru Builder Group’s net profit in the third quarter ended March 31, 2017 (3QFY17) grew close to eight times to RM22.
LBS Bina’s 1Q net profit soars 47%
KUALA LUMPUR (May 31): LBS Bina Group Bhd’s net profit soared 47% to RM24.
Large units in Singapore prime districts fetch bigger profits on resale
THE top three most profitable deals in the week of May 9 to 16 were in prime Districts 9 and 10, and they were for big, four-bedroom units in older developments.
