S P Setia’s 2Q net profit triples, pays four sen dividend
KUALA LUMPUR (June 16): S P Setia Bhd’s net profit for the second quarter ended April 30, 2015 (2QFY15) jumped 206% to RM227.
Tabung Haji yet to sell 1MDB’s TRX land despite claims of ready buyers
KUALA LUMPUR (June 15): Pilgrims fund Lembaga Tabung Haji has yet to finalise the sale of its parcel of land at the Tun Razak Exchange (TRX) project, which it bought from 1Malaysia Development Bhd (1MDB) in April, Putrajaya said today.
Putrajaya offers incentives for more affordable homes
KUALA LUMPUR (June 15): Developers will be offered charge reduction incentives and green lane to speed up development approvals to build more affordable homes in the Federal Territory.
Insider Asia’s Stock Of The Day: Crescendo Corporation
CRESCENDO CORPORATION BHD PROPERTY stocks may under-perform in the near to medium term, following cooling measures, weak consumer confidence and oversupply concerns, including in Iskandar Malaysia (IM).
PROPERTY SNAPSHOT Renewed interest in Jalan Ipoh
• This week, the spotlight falls on non-landed residences along one of Kuala Lumpur’s main arterial roads, Jalan Ipoh.
Experts finalising seismic code for buildings to ensure quake safety
KUALA LUMPUR (June 13): A seismic code of practice for new buildings is in the final stages of being formulated and submitted to the government for implementation to ensure development projects, including those in Kuala Lumpur, will be able to withstand the impact of an earthquake.
Top architects and developers honoured at BCI Asia Awards 2015
PETALING JAYA (June 12): Construction media group, BCI Asia awarded 20 of the country’s finest architecture firms and developers at its 11th annual BCI Asia Awards 2015 ceremony here tonight.
TA Global completes Canada JV stake sale
KUALA LUMPUR (June 12): TA Global Bhd has completed the sale of its 65% stake in a Canadian property development joint venture (JV) for RM69.
1MDB eyeing 'equity investors' for Bandar Malaysia
KUALA LUMPUR (June 12): 1Malaysia Development Bhd (1MDB) will launch a request for proposal (RFP) for Bandar Malaysia here in the next two weeks to select equity investors for the planned real estate project.
