News about en

PUTRAJAYA (Jan 5): IOI Properties Group Bhd expects the financial year ending June 30, 2016 (FY16) to be a challenging but surmountable financial year for the company, due to the soft property market.

KUALA LUMPUR: China Railway Group Ltd’s filings with the Hong Kong Stock Exchange has created some confusion over the exact value of 1Malaysia Development Bhd’s (1MDB) sale of a 60% stake in Bandar Malaysia Sdn Bhd, to a 60:40 consortium of Iskandar Waterfront Holdings Sdn Bhd and China Railway Engineering Corp (M) Sdn Bhd (CREC).

SINGAPORE (Jan 4): Singapore's Urban Redevelopment Authority released flash estimates for the change in Singapore private home prices during the fourth quarter of 2015: Quarter-on-quarter, percentage price change: Quarter             Q4/2015  Q3/2015 Singapore private    -0.

Ewein Bhd  Ewein Bhd is set to see meaningful full-year contributions from its property development project in Penang this financial year ending Dec 31, 2016 (FY16), which is expected to bolster its pre-tax profit significantly.

PUTRAJAYA (Jan 4): IOI Properties Group Bhd  is targeting to begin construction of Phase 2 of IOI City Mall here before this year end, with an investment of RM500 million.

Crescendo Corp Bhd (Dec 31, RM1.

This week, we continue to look at developments that link themselves to prominent addresses.

It is expected that 2016 could spell another challenging year for the local real estate market unless the domestic and global economic situation improves, according to local property consultants polled by City&Country.

AUTOMOTIVE sales supervisor Wong Yoon Lim from Langkawi has his wife Sue Khoo to thank for winning the first prize in the Jet Set with Setia campaign’s second draw.

PETALING JAYA (Dec 31): Only about 42% of public projects and 70% of private projects in the country use modern Industrialised Building Systems (IBS) technology, according to the Construction Industry Development Board (CIDB).