Matrix Concepts’ 1Q net profit rises 37% to RM64.6m, declares 2.5 sen dividend
The group has extended its strong sales momentum by securing RM305.
Sime Darby Property issues RM600m sukuk under RM4.5b programme
The rating of the sukuk programme of AA +IS has been affirmed by MARC Ratings Bhd with a stable outlook, the group said.
LBS Bina drops 6% in 2Q on lower contribution from property development business
It attributed the decrease in revenue and PBT to certain development projects that were near their completion before vacant possession.
Fajarbaru forms JV with hostel management company for RM172.4m-GDV labour quarters project
The project comprises the development and construction of 672 units of centralised labour quarters on a 10.
Zecon managing director Zainal Abidin raises stake in company
This raised his total equity interest in Zecon to 43.
Old areas around Merdeka 118 to be reimagined from young minds through YPLab
The YPLab initiative this year wants to look at reactivating spaces for the community’s needs through the lens of the younger generation.
Johor Bahru property prices, rentals catching up with Klang Valley on RTS Link, strong Singapore dollar — RHB IB
According to RHB Investment Bank (RHB IB), which has received insights from real estate agency Knight Frank Malaysia, a lot of infrastructure projects, property developments, facility expansions and investments are “brewing” in Iskandar Malaysia, which is formed by major cities in Johor.
UEM Sunrise exceeds launch and sales targets for 2023
Total revenue of RM605 million; 76% from property development activities.
Cracking the credit code: Tips for building a strong credit score
A good credit score broadens your loan options, gets you better terms such as faster credit approval, better interest rates and higher loan amounts.
Rehda suggests banks consider cross-subsidising housing loans to B40 community
Datuk NK Tong: Just as developers have cross-subsidised affordable housing, perhaps financial institutions can be encouraged to look at cross subsidies to help finance affordable housing or set up a special fund or quota to give home loans to borrowers in lower income categories (B40 group).
