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.

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PROPERTY SNAPSHOT 2: What’s affordable in Subang/Ara Damansara?

•     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.

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MRT V205 and V206 packages to be open for tender in 3Q

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).

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