Gadang's 3Q improves on better property contribution, lower cost of sales
KUALA LUMPUR (April 20): Gadang Holdings Bhd posted a slight increase of 3% in net profit for the third quarter ended Feb 28, 2017 (3QFY17) to RM25.
GuocoLand 4Q net profit down y-o-y after asset sale last year
KUALA LUMPUR (April 19): GuocoLand (Malaysia) Bhd saw a 38% decline in net profit for its third financial quarter ended March 31, 2017 (3QFY17) to RM8.
S P Setia offers differential sum loan scheme to its buyers
SHAH ALAM (April 19): Property developer S P Setia Bhd has launched a differential sum loan scheme that offers interest rates from 5.
Education group to set up campuses in EcoWorld townships
PUNCAK ALAM (April 19): Eco World Development Group Bhd (EcoWorld) today signed two memoranda of understanding (MoUs) with Brainy Bunch International Islamic Montessori for the sale of lands at its mixed development townships to the latter, at a price to be determined later.
Preview of Seaside Residences draws 5,000
DESPITE the rain and having to park their cars across the road at East Coast Park, over 3,000 people thronged the sales gallery of Seaside Residences on April 8, the first day that the project opened for preview.
S P Setia awarded tender for Toh Tuck Road site, set to launch in 2018
PETALING JAYA (April 18): S P Setia Bhd, via its subsidiary S P Setia International (S) Pte Ltd, has been awarded the tender for Singapore’s Toh Tuck Road site by Singapore’s Urban Redevelopment Authority (URA), marking the developer’s third project on the island.
SkyWorld to have own construction quality centre for its projects
KUALA LUMPUR (April 18): SkyWorld Development Group has invested RM3.
Govt files winding-up proceedings against Country Heights unit
KUALA LUMPUR (April 18): The government of Malaysia has filed a winding-up petition against a subsidiary of Country Heights Holdings Bhd over some RM22.
Astaka unveils Bukit Pelali show units
SINGAPORE (April 18): Astaka Holdings Ltd yesterday unveiled show units for its new development in Pengerang, Johor, where over US$7 billion (RM30.
Commercial properties still popular among private buyers, says Knight Frank
PETALING JAYA (April 18): Commercial real estate remains an important asset class for private investors, with 27% of global transaction volumes attributed to them in 2016, according to global real estate consultancy Knight Frank citing Real Capital Analytics.
