UEMS, E&O earnings below expectations
Property sector Maintain neutral: Out of eight property developers under our coverage, two (UEM Sunrise Bhd [UEMS] and Eastern & Oriental Bhd [E&O]) reported earnings below expectations.
Property sector Maintain neutral: Out of eight property developers under our coverage, two (UEM Sunrise Bhd [UEMS] and Eastern & Oriental Bhd [E&O]) reported earnings below expectations.
SENTOSA Cove has some of the priciest waterfront resort homes built on 99-year leasehold reclaimed land.
KUALA LUMPUR (July 9): Real estate experts cautioned against reintroducing rent control on heritage and pre-war properties in Penang, as it may drive up the cost of maintaining these properties, lowering their values and impacting tourism as a result.
• Today, we continue our focus on Subang and Ara Damansara by looking at average prices on a psf basis.
KUALA LUMPUR (July 5): Bertam Alliance Bhd is selling two parcels of freehold land at Batu 9, Cheras, with a collective land size of 47,930 sq m (11.
KUALA LUMPUR (July 5): Mass Rapid Transit Corp Sdn Bhd (MRT Corp), which announced yesterday the award of three work packages worth RM1.
Malaysian Resources Corp Bhd (July 4, RM1.
• While Subang and Ara Damansara are located adjacent to each other, they offer vastly different landscapes with the former dominated primarily by industrial sites and affordable housing while the latter is more affluent with gated and guarded neighbourhoods and increasingly upmarket condominiums.
KUALA LUMPUR (July 4): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said the tender for packages V205 and V206 for the Klang Valley Mass Rapid Transit Sungai Buloh–Serdang–Putrajaya (SSP Line) will be held in the third quarter of the this year (3Q16).
KUALA LUMPUR (July 4): Tropicana Corp Bhd is selling a freehold plot measuring 251.