YTL 1Q profit down 25% as earnings from most divisions fall
KUALA LUMPUR (Nov 18): YTL Corp Bhd saw its net profit drop 25% to RM150.
TheEdgeProperty.com introduces first of its kind award in Malaysia
PETALING JAYA: The inaugural TheEdgeProperty.
DONE DEAL: Desa Green serviced apartments @ Taman Desa, Kuala Lumpur
Sold for: RM525,000 (RM734 psf) Concluded by: Zen Ong (REN 16470) (019-590 0972) and Adeline Teh (REN 04207) (012-320 6520) of Hartamas Real Estate (OUG) When: September 2016 Noteworthy: ● Freehold ● 715 sq ft ● 2 bedrooms and 2 bathrooms ● High floor ● Facing north west Developed by UOA Development Bhd, Desa Green is a high-density serviced apartment project in Taman Desa.
Tambun Indah reports 3Q2016 net profit of RM23.8 mil
PETALING JAYA (Nov 17): Penang property developer Tambun Indah Land Bhd has recorded a net profit increase of 5.
Future space functionality redefined
Space, and how people interact with it, is ever evolving.
E&O to launch RM205 mil worth of properties in the next three months
KUALA LUMPUR (Nov 17): Eastern & Oriental Bhd (E&O) is planning to launch an estimated RM205 million gross development value of properties within its Seri Tanjung Pinang development in Penang within the next three months.
Three developer stocks to snap up as Singapore property sales awaken
SINGAPORE (Nov 17): DBS Group Research is maintaining its view that the Singapore property market remains on a “modest correction path” while highlighting that developers trading at 0.
Rafizi questions financial viability of ECRL
KUALA LUMPUR (Nov 17): Lawmaker Rafizi Ramli (pictured) has questioned the financial viability of the RM55 billion East Coast Rail Link (ECRL), citing the under-utilisation of an existing 70km rail track which connects Kertih to Kuantan and Port Kuantan.
Seacera acquires property firm for RM165 mil
KUALA LUMPUR (Nov 17): Tiles maker and property developer Seacera Group Bhd is acquiring property investment firm Duta Nilai Holdings Sdn Bhd for RM165.
