SkyWorld aims high

KUALA LUMPUR (Nov 7): SkyWorld Development Sdn Bhd may be new in the local property market, but it has set an ambitious target -- it wants to be one of the top 10 property developers in the country within the next five years.

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Damansara Realty says bidding for PPA1M jobs in reply to UMA query

KUALA LUMPUR (Nov 6): Damansara Realty Bhd, which received an unusual market activity (UMA) query from Bursa Securities on the sudden rise of its share price which soared 50% to hit a five-month high today, said it is participating in a public tender to construct housing develpment under Projek Perumahan Penjawat Awam 1Malaysia (PPA1M) at Putrajaya.

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The trouble with affordable housing supply

PETALING JAYA (Nov 6): The private sector is unable to provide affordable homes at prices on par with Perbadanan PR1MA Malaysia (PR1MA), Rumah Selangorku or other government-backed affordable housing schemes as their land cost and construction cost alone may double the selling prices of these homes, said Knight Frank Malaysia executive director Allan Sim.

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CIDB: Sustainable construction a game changer for industry

KUALA LUMPUR (Nov 5): The country has, under the Eleventh Malaysia Plan 2016-2020 (11MP), identified “sustainable construction” as the game changer for the construction industry, said Construction Industry Development Board (CIDB) Malaysia chief executive Datuk Dr Judin Abdul Karim (pictured) at the Zofnass Programme Symposium held at Harvard University in the US recently.

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Plenitude expects to maintain RM250 mil sales in FY16

KUALA LUMPUR (Nov 5): Property developer Plenitude Bhd expects to maintain the RM250 million sales quantum it achieved in the financial year ended June 30, 2015 (FY15) in FY16, amid the more challenging global and domestic economic scenarios.

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