Eco World rises 5.4% on plans to list EWI via market capitalisation route, bullish outlook on sales
PETALING JAYA (June 18): Eco World Development Group Bhd (Eco World) shares rose 8 sen or 5.
Maspex Johor draws over 18,000 visitors
SKUDAI (June 12): The Malaysian Secondary Property Exhibition (Maspex) in Johor held over last weekend hit its target of 18,000 visitors.
Homes below RM600,000 still popular in Johor
SKUDAI (June 8): Landed homes on the secondary market priced between RM300,000 and RM600,000 are continuing to see strong demand in Johor, said Malaysian Institute of Estate Agents (MIEA) Johor branch chairman Liew Toh Sen (pictured, below).
Bina Darulaman's 1Q profit down 29% on weaker property sales
KUALA LUMPUR (May 26): Bina Darulaman Bhd's net profit for the first quarter ended March 31, 2015 (1QFY15) fell 29% to RM3.
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.
Supply glut in Iskandar haunts UEM Sunrise
KUALA LUMPUR: UEM Sunrise Bhd, the largest landlord in the Iskandar region in Johor, has seen its share price shrink to only one-third of its peak at RM3.
MRT2, LRT 3 to boost properties and landbank, says AffinHwang
KUALA LUMPUR (May 18): AffinHwang Capital Research has maintained its “Neutral” rating on the property sector and said the RM25 billion Klang Valley Mass Rapid Transit Line 2 (MRT2) and RM9 billion Light Rail Transit Line 3 (LRT 3) would spur the construction sector (Overweight) growth.
Kimlun buys Johor land for RM28.3 mil to build residential properties
KUALA LUMPUR (May 13): Kimlun Corp Bhd is acquiring land in Kota Tinggi, Johor for RM28.
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.
