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SINGAPORE (March 31): CIMB Research is reiterating its “add” recommendation on property developer UOL Group, which remains the research house’s top pick among Singapore developers with an unchanged target price of S$7.

KUALA LUMPUR (March 31): Feasibility studies for the proposed RM4 billion Penang undersea tunnel are 87% complete, said Chief Minister Lim Guan Eng.

  BEING able to wake up to fresh air and lush forest views every morning and then going to work using the LRT just a few minutes away sounds far from reality in Malaysia’s capital city of Kuala Lumpur.

  STEPPING into the scene as a township developer in the northern region some 40 years ago, Paramount Property, the property development arm of Paramount Corp Bhd, has since become a developer that offers a broad spectrum of products.

KUALA LUMPUR (March 31): Mulpha International Bhd said its One&Only Hayman Island hotel along Australia's Great Barrier Reef "incurred significant damage" last Tuesday (March 28) from Cyclone Debbie.

S P Setia Bhd’s mixed development known as the Trio by Setia will mark its debut in Klang, Selangor.

AFTER a hiatus from launching new projects, Malaysia Land Properties Sdn Bhd (Mayland) had introduced a very different product from its usual offerings in the form of Hampton Damansara serviced apartments at Country Heights Damansara in Kuala Lumpur last November.

KUALA LUMPUR (March 31): Eastern & Oriental Bhd (E&O) fell as much as 18 sen or 8% on profit taking after the stock rose ahead of the property developer's announcement on a planned joint venture with Malaysia's Retirement Fund (Inc).

EXSIM Development Sdn Bhd head of planning and development (residential/commercial) Michael Yam strongly believes that high-rise living is a trend that will soon become a norm in the major cities of Malaysia.

KUALA LUMPUR (March 31): Crescendo Corp Bhd climbed as much as 12 sen or 7% after the property developer said fourth quarter net profit rose 262% from a year earlier and declared a dividend of three sen a share.