PROPERTY SNAPSHOT What’s affordable in Bangsar?
• Bangsar is a matured neighbourhood dominated largely by landed homes.
Tiong Nam 4Q net profit up 20.2% on higher contribution from property segment
KUALA LUMPUR (May 25): Tiong Nam Logistics Holdings Bhd saw its net profit rise 20.
Boustead 1Q net profit plunges 99.8%
KUALA LUMPUR (May 25): Boustead Holdings Bhd's net profit for the first quarter ended March 31, 2015 (1QFY15) has plunged 99.
E&O’s 4Q profit doubles, proposes stock dividend
KUALA LUMPUR (May 25): Eastern & Oriental Bhd’s net profit for its fourth quarter of its 2015 financial year has doubled to RM100.
WCT 1Q profit drops 17% on completion of projects
KUALA LUMPUR (May 25): WCT Holdings Bhd’s net profit declined 17% to RM33.
Commercial banks say no truth in tougher credit checks on home buyers
KUALA LUMPUR (May 25): The Association of Banks in Malaysia (ABM), which represents 27 commercial banks operating in the country, said it is "not true" there are now tougher credit checks on potential home buyers.
Nadayu Properties introduces Subang Jaya’s first green condominium
PETALING JAYA (May 25): Nadayu Properties Bhd recently introduced its Green Building Index (GBI)-certified high-rise condominium in Bandar Sunway and Subang Jaya.
IGB plans more projects
KUALA LUMPUR (May 25): Property developer IGB Corp Bhd is planning more mixed development projects in the domestic and overseas markets over the next five to eight years, with an estimated gross development value (GDV) of RM10 billion.
Build housing project in rural areas too, says exco member
SEREMBAN (May 25): The Negri Sembilan government has urged developers to develop housing projects in rural areas too instead of only focusing in town areas.
