MBSB 2Q net profit up 45% on higher income, investment activities
KUALA LUMPUR (Aug 22): Malaysia Building Society Bhd's (MBSB) net profit climbed 44.
Bank Negara Malaysia seen maintaining OPR on 2Q GDP growth — analysts
KUALA LUMPUR (Aug 21): CIMB Investment Bank Bhd and Public Investment Bank Bhd said Bank Negara Malaysia is expected to maintain the Overnight Policy Rate (OPR) at 3% until end of 2017, after Malaysia reported second quarter (2Q17)economic growth at 5.
MBSB active, gains 3.94% on getting nod to acquire AFB
KUALA LUMPUR (Aug 21): Malaysia Building Society Bhd (MBSB) rose 3.
PJU 5 shop lots still sizzling
PJU 5 Kota Damansara has emerged as one of the most vibrant commercial hubs in Selangor since the development of the Kota Damansara township in 1992.
DONE DEAL: Double-storey terraced house, USJ 5, Subang Jaya, Selangor
Sold for: RM880,000 Concluded by: Lai Yan Yin (REN 17086) of MIP Properties Sdn Bhd (012-881 8886) and Calvin Moy (REN 04457) of Reapfield Properties Sdn Bhd (016-692 1567) When: June 2017 Noteworthy: ● Freehold ● Built-up: 2,000 sq ft ● Land size: 22ft x 75ft ● Three bedrooms and three bathrooms ● Strict security ● Surrounded by amenities at Taipan Business Centre Located in USJ 5, Subang Jaya, Selangor, this double-storey home was purchased by a couple with a growing family.
MACC conducts search at Mohd Isa’s SPAD office
KUALA LUMPUR (Aug 17): Malaysian Anti-Corruption Commission officers today conducted a search at the office of Land Public Transport Commission (SPAD) chairman Tan Sri Mohd Isa Abdul Samad at Jalan Stesen Sentral here in relation to the MACC’s investigation into cases related to Felda Investment Corp (FIC), Bernama reported today.
Malaysia’s property market remained subdued in 1H2017, says Knight Frank
PETALING JAYA (Aug 17): The overall Malaysian property market continues to be subdued as investors persist with their wait-and-see approach, said property consultancy Knight Frank Malaysia.
Ascott Residence Trust completes acquisition of Doubletree by Hilton New York-Times Square South
SINGAPORE (Aug 17): The manager of Ascott Residence Trust (ART), Ascott Residence Trust Management, says the real estate investment trust’s purchase of DoubleTree by Hilton New York-Times Square South in New York is now completed, theedgesingapore.
Fajarbaru positive on Malaysia LRT3 jobs
KUALA LIPIS (Aug 17): Fajarbaru Builder Group Bhd is confident of securing projects under Malaysia's light rail transit line 3 (LRT3) after the company submitted competitive bids for five contracts.
Maybank is open to financing property development projects
KUALA LUMPUR (Aug 17): Despite the grouses of property developers having difficulties in getting financing for their development projects, Malayan Banking Bhd (Maybank) said it is open to financing property projects provided they are feasible.
