IWCity falls 2.33% on requesting time to deliberate merger with IWH
KUALA LUMPUR (April 20): Iskandar Waterfront City Bhd (IWCity) fell 2.
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.
OSK Holdings reshuffles board, names Ong Ju Yan MD
KUALA LUMPUR (April 20): OSK Holdings Bhd announced a number of changes to its board of directors yesterday, chief among them is the redesignation of Ong Ju Yan as managing director (MD) of the group, and his brother Ju Xing as deputy MD, with immediate effect.
Homebuyers to bear the brunt of rising building costs
KUALA LUMPUR (April 20): Property developers have warned that home prices may rise following the government’s recent move to slap a safeguard duty on the import of certain steel products for three years.
Rise in number of landed homes sold at auctions
IN 1Q2017, of eight properties sold under the hammer, four were landed homes, according to JLL in a release on April 3.
Luxury of space
THE 21,500 sq ft sales gallery of Artra is designed to look like a contemporary art gallery.
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.
Analysts hold S P Setia's earnings forecast pending Singapore project launch
KUALA LUMPUR (April 19): Analysts are holding their earnings forecast for S P Setia Bhd after it won the tender for a plot of prime land in Singapore, amid concern over the group’s valuation due to the high cost of the land.
