Low-density condominium Damansara Fifty6 coming up in Damansara Heights
KUALA LUMPUR (March 2): Damansara Fifty6 Sdn Bhd, a wholly-owned subsidiary of Allstones Group Asia Sdn Bhd has launched Damansara Fifty6, a low-density condominium project in Damansara Heights, Kuala Lumpur today.
PNB: No concern on office space oversupply
KUALA LUMPUR (March 2): PNB Merdeka Ventures Sdn Bhd CEO Tengku Datuk Ab.
MIEA urges public to deal with registered agents
KUALA LUMPUR (March 2): The Malaysian Institute of Estate Agents (MIEA) has urged the public to use the services of registered real estate agents or negotiators to help develop and strengthen the industry.
Star demands JAKS complete Tower A by June
KUALA LUMPUR (March 2): JAKS Resources Bhd said it has received a notice of demand from Star Media Group Bhd, requiring it to complete and deliver Tower A of the Pacific Star project by end-June 2018.
DONE DEAL: Industrial factory, Seksyen 34, Shah Alam
Rented for: RM28,000 a month Concluded by: Eric Mok (PEA 1617) of Ping Properties (012-338 0356) When: November 2017 Noteworthy: ● Land size: one acre ● Empty unit ● Built up: 16,500 sq ft According to Ping Properties probationary estate agent Eric Mok, who concluded the deal, the tenant of the factory liked the area given its proximity to the factory he has previously leased.
LBS Bina 4Q net profit drops 13% on higher costs, lower interest income
KUALA LUMPUR (March 1): LBS Bina Group Bhd’s net profit for the fourth quarter dropped 13% year-on-year, mainly on lower interest income and higher finance costs, while other income fell as the previous corresponding quarter had registered a one-off government grant.
AWC up 3.17% on plan to diversify into rail-related works
KUALA LUMPUR (March 1): Shares in AWC rose as much as 3.
Sunway 4Q net profit falls 1.08% to RM183.8m
KUALA LUMPUR (March 1): Sunway Bhd’s fourth quarter net profit fell 1.
Businessman in remand over Penang undersea tunnel project
PUTRAJAYA (Feb 28): A businessman has been remanded for six days for today over allegations of receiving RM19 million to halt a probe into a RM6.