EcoWorld expects sales to improve in next few quarters
Eco World Development Group Bhd (March 30, RM1) Maintain add with a lower target price (TP) of RM1.
Lower margin from higher low-cost housing component seen for Crescendo
Crescendo Corp Bhd (March 30, RM1.
Kepong's new homes
Kepong sounds like a tired old place at the edge of Kuala Lumpur, which many would visit once in a while, lured by its variety of Chinese restaurants and food stalls — some which have been there for generations.
Court of Appeal rules that homebuyers must be heard before extension of time is applied
PETALING JAYA (March 30): The Ministry of Urban Wellbeing, Housing and Local Government must give homebuyers the right to be heard before developers are given an extension of time (EOT) to complete a project, the Court of Appeal ruled today.
‘Rent-to-own concept helps Malaysians to own homes’
KUALA LUMPUR (March 30): The People’s Housing Projects’ (PPR) rent-to-own concept introduced in Sabah is meant to help the lower-income group own their homes, said Sabah Local Government and Housing Minister Datuk Seri Hajiji Noor.
EWI expects ‘maiden’ profit in FY18, raises sales target to RM3b
KUALA LUMPUR (March 30): Eco World International Bhd (EWI), which is 27%-owned by Eco World Development Group Bhd, has raised its sales target for its financial year ending Oct 31, 2018 (FY18), to RM3 billion from RM2 billion previously, based on plans for its existing projects and additional sales it intends to achieve from its new Be Living sites.
Malaysia tops Airbnb guest arrival growth in Asia
PETALING JAYA (March 30): Malaysia has set the highest growth rate of all Airbnb markets in Asia with a 137% y-o-y growth in 2017 to hit 1.
Firefighters battle blaze near Penang airport for over four hours
PETALING JAYA (March 30): After over four hours, firefighters had managed to extinguish a fire that broke out at four warehouses near the air cargo complex of the Penang International Airport at Batu Maung, Penang, last night.
