EcoFirst 2Q profit jumps on land sale; CEO upbeat on property market recovery
KUALA LUMPUR (Jan 30): EcoFirst Consolidated Bhd saw its net profit for the second quarter ended Nov 30, 2017 (2QFY18) lifted by over five times to RM27.
Pesona targeting a few building-type jobs
Pesona Metro Holdings Bhd (Jan 29, 44 sen) Maintain buy recommendation with a target price (TP) of 70 sen: Pesona Metro Holdings Bhd announced that it had been awarded a RM161.
‘Datuk Seri’ in Penang undersea tunnel investigation freed
PETALING JAYA (Jan 30): The magistrate’s court at Putrajaya has released the chairman of an engineering consultancy who had been remanded for five days since Jan 25 to assist the Malaysian Anti-Corruption Commission (MACC) in its investigation into a three-highway and undersea tunnel project in Penang, reported Bernama.
Knight Frank Malaysia: Retailers more likely to adopt ‘clicks and mortar’ concept
PETALING JAYA (Jan 29): More retailers are expected to embrace the “clicks and mortar” concept as e-commerce sees rapid growth in Malaysia, said Knight Frank Malaysia in its latest research report titled “Real estate highlights for 2nd half of 2017”.
Report: Probe on Taman Desa crane crash may lead to court case
KUALA LUMPUR (Jan 29): The probe into the crane accident in Taman Desa last week could lead to a possible court case, said the Department of Occupational Safety and Health (DOSH) yesterday.
Woman held over Penang tunnel probe freed on bail
PUTRAJAYA (Jan 29): The Magistrate's Court here yesterday released the woman consultant who was remanded since Wednesday to assist the Malaysian Anti-Corruption Commission’s (MACC) investigation into the proposed road and undersea tunnel mega project in Penang, reported Bernama.
Renting out to students
Student housing rental is a prominent sub-sector of the housing rental market and can bring stable returns for landlords, especially when the rented property is located near colleges or other higher learning institutions.
What about investing in heritage buildings?
When George Town in Penang and Melaka city were inscribed into Unesco’s World Heritage List in 2008, it was an international recognition that the nation was proud of.
Pesona Metro bags RM161.9m construction job
KUALA LUMPUR (Jan 26): Pesona Metro Holdings Bhd has bagged a RM161.
BSL cautious on Malaysia rate hike as it plans property venture
KUALA LUMPUR (Jan 26): BSL Corp Bhd expects the Malaysian property sector's volatility to continue after Bank Negara Malaysia increased the overnight policy rate (OPR) by 25 basis points to 3.
