Improved property development revenue boosts Malton's 1Q net profit by 44%
KUALA LUMPUR (Nov 21): Property developer Malton Bhd's net profit in the first quarter of the financial year ended Sept 30, 2016 (1QFY17) rose 44.
Strong interest in The Grand Subang
IN recent years, there has been a flurry of small office/home office developments in Subang Jaya — Empire SoHo, One SoHo, Nadayu28, You One Subang, Sunway Geo and da:mén, to name a few.
Marimo Land begins construction of 718-unit condominium in Bandar Puchong Jaya
PETALING JAYA (Nov 21): Marimo Land Malaysia Sdn Bhd has signed an agreement with building contractors E&J Group, Ecobuilt (M) Sdn Bhd and Pembinaan Infra E&J Sdn Bhd to build 718 units of premier freehold condominiums at Japan Pipit in Bandar Puchong Jaya, Selangor.
IJM Land launches final phase of Penduline parcel in Bandar Rimbayu
PETALING JAYA (Nov 18): IJM Land Bhd, the property development arm of IJM Corp Bhd, has launched the final phase of Penduline homes at its Bandar Rimbayu township in Telok Panglima Garang, Selangor.
StanChart: OPR cut expected only in 1Q17
KUALA LUMPUR (Nov 18): Standard Chartered Bank’s global research unit said it now expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) only in the later part of the first quarter of 2017 (1Q17).
Creating value that lasts
Any typical developer will maximise profit by building as much selling space as possible within an acquired plot.
Oriental Interest launches Seroja Hills phase 2
KUALA LUMPUR (Nov 15): Oriental Interest Bhd (OIB) has officially launched Seroja Hills Condominium phase 2 today.
Matrix Concepts achieves RM506 mil sales in 1HFY17
PETALING JAYA (Nov 15): Negeri Sembilan-based developer Matrix Concepts Holdings Bhd is on track to achieve its RM1 billion sales target as the company has recorded RM506.
AmFIRST REIT reports higher 1HFY17 NPI of RM35.6 mil
KUALA LUMPUR (Nov 15): AmFIRST Real Estate Investment Trust’s (AmFIRST REIT) net property income (NPI) rose 23.
