MBSB's 1Q profit falls as bad loan allowance jumps
KUALA LUMPUR (May 7): Malaysia Building Society Bhd (MBSB) saw its net profit dropped 37% to RM124.
HLIB conservative on UEM Sunrise profits
PETALING JAYA: Research house Hong Leong Investment Bhd (HLIB) maintained its conservative forecast of UEM Sunrise Bhd's profit for the financial year 2015 (FY2015), according to a report in The Edge Financial Daily today.
Demand for 2 and 3-bedroom condos outstrips supply in Bangkok
KUALA LUMPUR (May 2): The Bangkok property market is seeing the return of foreign investors in response to the stabilising political situation and lack of opportunity in their own markets, according to the CB Richard Ellis (CBRE) Bangkok Residential Market 2015 Forecast.
Matrix Concepts to develop Damansara of Seremban
SEREMBAN (April 27): Property developer Matrix Concepts Holdings Bhd expects Bandar Sri Sendayan (BSS) in Seremban to flourish into a town centre similar to that of 1 Utama upon completion in seven to eight years, according to group managing director and CEO Datuk Lee Tian Hock.
Mah Sing optimistic about hitting FY15 sales target
KUALA LUMPUR (April 24): Mah Sing Group is optimistic in achieving its sales target of RM3.
S P Setia fixes new shares at RM3.10 under 3rd dividend reinvestment plan
KUALA LUMPUR (April 23): Property player S P Setia Bhd has fixed the price of its new shares to be issued in relation to its third dividend reinvestment plan (3rd DRP) at RM3.
Matrix Concepts' Puchong project GDV likely to increase
KUALA LUMPUR (April 22): The projected gross development value (GDV) of a new residential development project in Puchong by Matrix Concepts Holdings Bhd could be increased up to RM754 million from RM500 million, according to Hong Leong Investment Bank Research, as reported in The Edge Financial Daily today.
IOI Properties gets a slimmer structure
KUALA LUMPUR (April 22): BIMB Securities Research reported on April 21 that IOI Properties Group Bhd now has a leaner structure comprising three main segments -- property development, property investments, and leisure and hospitality.
Fiabci expects 1,200 participants at its 66th World Real Estate Congress
KUALA LUMPUR: The International Real Estate Federation (Fiabci) is expecting 1,200 participants, half of which are from overseas, during its 66th World Real Estate Congress from May 26 to 31 at the One World Hotel, Petaling Jaya.
