KUALA LUMPUR (May 18): S P Setia Bhd said it expects stronger contribution from overseas projects this financial year ending Dec 31, 2017 (FY17), backed by its developments in Australia and UK.
KUALA LUMPUR (May 18): UEM Sunrise Bhd rose as much as seven sen or 5% after the property developer said first quarter net profit rose 1,929% from a year earlier.
Over the past decade, condominium projects linked to an MRT station have generated strong sales.
KUALA LUMPUR (May 17): Paramount Corp Bhd’s first quarter ended March 31, 2017 (1QFY17) net profit was 14% lower at RM8.
PETALING JAYA (May 17): Hua Yang Bhd has ended its 2017 financial year (FY2017) with a profit after tax (PAT) of RM60.
SINGAPORE (May 17): DBS’s top picks for beneficiaries to the potential relaxation of property measures in Singapore are UOL Group and Frasers Centrepoint even though most developers have re-rated following the positive sentiment in the Singapore property market.
PETALING JAYA (May 17): Urban regeneration organisation Think City has embarked on a pilot project to promote the creation of rooftop and vertical gardens in Kuala Lumpur city.
The office market is now abuzz, as sentiment has swung from pessimism to optimism in just one year.
SETIA ALAM (May 16): S P Setia Bhd has launched its Citizen Setia Facebook page which aims to connect the property developer with its purchasers and "fans" on the most popular social media platform in Malaysia.
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