Sime Darby Property's 3Q profit jumps 18-fold on lower provisions
KUALA LUMPUR (May 25): Sime Darby Property Bhd (SD Property) saw an 18-fold year-on-year (y-o-y) rise in net profit for the third quarter ended March 31, 2018 (3QFY18) to RM33.
YTL Corp 3Q net profit down 52.4% on lower construction margins
KUALA LUMPUR (May 25): YTL Corp Bhd’s net profit for the third quarter ended March 31, 2018 (3QFY18) fell 52.
DONE DEAL: Condominium at Kiara 1888, Mont'Kiara, KL
Sold for: RM800,000 (RM489 psf) Concluded by: Michelle Cheong (REN 18391, 016-502 0868) and Bonnie Poo (REN 18552, 012-256 7566) of Landbanc Property When: December 2017 Noteworthy: ● Freehold ● High floor unit with built-up of 1,636 sq ft ● 3 + 1 bedrooms and 3 bathrooms ● Fully furnished with furniture, wallpaper, kitchen cabinet and curtains ● Accessible via Jalan Segambut, the Sprint Highway, Jalan Duta-Sungai Buloh Highway, Kerinchi Link and North-South Expressway ● Facilities include infinity pool, Jacuzzi, gymnasium, nature park, meditation garden and spa pavilion Completed in end-2008, Kiara 1888 is Mitraland Group’s first luxury high-rise residential development in Mont’Kiara with just 182 units of condominium spread across a 26-storey tower.
UOA Development's 1Q net profit falls with lower profit margins
KUALA LUMPUR (May 24): Property developer UOA Development Bhd saw its net profit for the first financial quarter ended March 31, 2018 (1QFY18) fall 34% year-on-year to RM32.
Is your house covered against damage?
Imagine coming back from work late one night to find your house flooded! A burst pipe from your bathroom upstairs had caused part of the floor/ceiling to collapse.
Penang greenlights Pulau Jerejak project
PETALING JAYA (May 24): Majilis Perbandaran Pulau Pinang (MBPP) has allowed the developer of buildings at Pulau Jerejak to demolish the buildings, paving the way for redevelopment of the island, reported The Star.
JHM acquires three rented properties in Kedah worth RM12.5m
KUALA LUMPUR (May 24): JHM Consolidation Bhd is acquiring three properties in Sungai Petani, Kedah from MIDF Property Bhd for a total of RM12.
JAKS Resources 1Q net profit doubles on stronger revenue from Vietnam operation
KUALA LUMPUR (May 24): JAKS Resources Bhd saw its net profit more than double to RM17.
Melaka Planetarium transformer room destroyed in fire
PETALING JAYA (May 24): A transformer room outside the Melaka Planetarium was destroyed in a fire at noon yesterday, reported Bernama.
Ayer Holdings CEO Eugene Khoo resigns
KUALA LUMPUR (May 23): Eugene Khoo Kong Hooi (pictured) has resigned as the chief executive officer (CEO) of property development firm Ayer Holdings Bhd.
