Investment fair value loss pulls down IOI Properties 2Q net profit
KUALA LUMPUR (Feb 28): IOI Properties Group Bhd’s net profit for the second quarter ended Dec 31, 2021 (2QFY22) fell 26.
Tropicana says 4Q net profit down 83% on absence of land disposals, closes FY21 in the red
KUALA LUMPUR (Feb 28): Property developer Tropicana Corp Bhd saw its net profit for the fourth quarter ended Dec 31, 2021 (4QFY21) drop by 83.
SkyVogue Residences @ Taman Desa achieves 95% sales despite market slump
For many, the natural response to the current economic downturn brought on by the Covid-19 pandemic is to shelve big-ticket dreams, and that includes buying homes.
Sime Darby Property not ruling out REIT along transformation path
KUALA LUMPUR (Feb 25): Sime Darby Property Bhd said it does not rule out the possibility of establishing a real estate investment trust (REIT) “down the road” ahead as part of the group's transformation journey from a pure-play property developer into a real estate company.
UOA Development 4Q net profit more than doubles, proposes first and final dividend
KUALA LUMPUR (Feb 25): UOA Development Bhd's fourth quarter net profit more than doubled to RM98.
IJM Corp 3Q net profit down 33%, sees improvement in 4Q
KUALA LUMPUR (Feb 25): IJM Corp Bhd saw a 32.
Sime Darby Property reports full-year profit as new real estate sales tops target
KUALA LUMPUR (Feb 25): Sime Darby Property Bhd reported a full-year net profit of RM136.
Lagenda Properties enters 10-year partnership with Sim Leisure Group
KUALA LUMPUR (Feb 24): Property developer Lagenda Properties Berhad have entered into a 10-year partnership on Thursday (Feb 17) with Sim Leisure Group Ltd, to develop recreational parks in Lagenda’s existing and future townships.
Property Chat: Flawed demographic survey on proposed Residential Tenancy Act
The National Homebuyers Association (HBA) is calling out that the drafted laws of the proposed Residential Tenancy Act (RTA) draft have incomprehensible sections.
Matrix Concepts says 3Q profit up 16.7% q-o-q, pays 3.75 sen dividend
KUALA LUMPUR (Feb 24): Matrix Concepts Holdings Bhd registered a near 20% drop in net profit year-on-year (y-o-y) for the third quarter ended Dec 31, 2021 (3QFY22) to RM60.
