Green Target to launch RM350 mil residential project in Raub
KUALA LUMPUR (Feb 27): Green Target Group plans to bring Kuala Lumpur’s lifestyle to the small town by launching The Colonial in Raub, Pahang this August.
Mah Sing targets RM2.3 billion sales this year
PETALING JAYA (Feb 26): Property developer, Mah Sing Group Bhd announced a sales target of RM2.
West End Homes sold higher than £2,250 psf
PETALING JAYA (Feb 24): About 33% of London’s West End homes were sold for above £2,250 psf in the final quarter last year (4Q2015), compared with 10% of the market a year ago, said international property services firm CB Richard Ellis (CBRE) senior director Jamie Gunning in the firm’s report on the area’s residential market.
Cornerstone to launch London student accommodation
KUALA LUMPUR (Feb 26): Real estate investment consultancy Cornerstone International Properties is launching London Spring Place (LSP), a new phase of a London purpose-built student accommodation project, in Malaysia tomorrow despite the poor local economic sentiment.
TitiJaya Land Bhd to unveil final block of H2O Residences early March
SUBANG JAYA (Feb 26): Titijaya Land Bhd will be unveiling the last block of its H2O Residences at Ara Damansara in Petaling Jaya early next month, according to the company’s executive director Charmaine Lim (pictured, below).
Paramount sets higher sales target for 2016 despite slowdown
KUALA LUMPUR (Feb 26): Paramount Corp Bhd, which saw its full-year 2015 net profit climb 8.
DONE DEAL: Office unit in The Vertical, Bangsar South, KL
Rented for: RM4,695 per month or RM5 psf (including 6% GST) Concluded by: Jaimie Lee of Property Hub Sdn Bhd (012-281 9182) When: December 2015 Noteworthy: * Built-up: 939 sq ft * The only unit with this built-up on the entire floor * High floor, facing east overlooking the Pantai area * Partly furnished with air-conditioning units, flooring and pantry * MSC-status-certified office building The Vertical comprises two office buildings and the above mentioned unit is located in The Vertical II Office Suites, also known as Tower B.
SP Setia achieves RM918.3m net profit in 14-month period, plans 19 sen dividend
KUALA LUMPUR (Feb 25): SP Setia Bhd achieved a net profit of RM208.
Selangor Properties to see flat earnings growth in FY16
KUALA LUMPUR (Feb 25): Selangor Properties Bhd (Selangor Prop) expects the group's earnings growth to remain flat in its current financial year ending Oct 31, 2016 (FY16), as the group, which has not launched new products for some years — though it has a luxury condominium planned this year — continues to rely on its property investments as its major income stream for now.
UOA's 4Q net profit rises 25.6%, plans 15 sen dividend
KUALA LUMPUR (Feb 25): UOA Development Bhd saw its net profit rise 25.
