Zecon managing director Zainal Abidin raises stake in company
This raised his total equity interest in Zecon to 43.
Apex Securities starts coverage of Lagenda Properties with fair value of RM1.52
Apex said house price-to-income ratio worsened, indicating rising prices and declining incomes.
Old areas around Merdeka 118 to be reimagined from young minds through YPLab
The YPLab initiative this year wants to look at reactivating spaces for the community’s needs through the lens of the younger generation.
Johor Bahru property prices, rentals catching up with Klang Valley on RTS Link, strong Singapore dollar — RHB IB
According to RHB Investment Bank (RHB IB), which has received insights from real estate agency Knight Frank Malaysia, a lot of infrastructure projects, property developments, facility expansions and investments are “brewing” in Iskandar Malaysia, which is formed by major cities in Johor.
Asia-Pacific logistics rents continue to rise in 1H2023 — Knight Frank
Rental growth expected to ease for remainder of the year as occupiers adopt cautious approach KUALA LUMPUR (Aug 21): Prime logistics rent in 17 key cities across Asia-Pacific showed an average rise of 10.
Guocoland 4Q net profit falls 34% on lower contribution from property development segment, pays 2 sen dividend
The group in a filing with Bursa on Aug 18 said it also saw a lower share of results of associates and joint ventures in the current quarter, mainly due to a share of loss in an associated company resulting from fair value loss on its investment properties.
UEM Sunrise exceeds launch and sales targets for 2023
Total revenue of RM605 million; 76% from property development activities.
Increased optimism for 1H2024, despite neutral outlook for the rest of 2H2023 by developers — Rehda
Having emerged from the pandemic a year ago with everything continuing to normalise and getting better, and with elections out of the way, developers are optimistic about the next year.
Kerjaya Prospek’s 2Q earnings up 10% on record quarterly revenue
In a bourse filing on Friday (Aug 18), Kerjaya Prospek said its revenue grew 11.
Genting’s Resorts World Sentosa set to benefit from return of Chinese travellers — report
In a report on Thursday (Aug 17), Inside Asian Gaming magazine cited analysts as saying that the influx of Chinese tourists bodes well for Singapore’s two integrated resorts — Marina Bay Sands and RWS — after each booked strong financial results for the June 2023 quarter.
