KUALA LUMPUR (May 30): A comforting tune to most developers amid the tepid property market is their rather healthy unbilled sales levels, which are expected to be sufficient to sustain earnings until next year end, at least.
KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.
REAL estate developers have become more creative in luring prospective homebuyers into committing to a purchase, even as property price growth in the country moderates.
WHEN the going gets tough, the tough must get going.
KUALA LUMPUR (March 14): Property sales by developers listed on Bursa Malaysia are expected to be flat or slightly worse than 2015 this year, said CIMB analyst Saw Xiao Jun.
KUALA LUMPUR (Feb 25): UOA Development Bhd saw its net profit rise 25.
KUALA LUMPUR (Feb 16): Mah Sing Group Bhd, the country’s second-largest property developer by sales value, is to buy back all of its unconverted secured bonds for RM337.
Sunway Bhd has retained its top spot in the overall ranking of The Edge Malaysia Top Property Developers Awards for the second year running.
Business challenges, financial crises, market slowdowns are all part and parcel of life for a businessman.
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