Jaks’ profit tumbles on property development losses, one-off spending
KUALA LUMPUR (Aug 18): Jaks Resources Bhd’s net profit for the second quarter ended June 30, 2017 (2QFY17) fell 80% to RM1.
Phase 2 launch of Hana Gardens at Jade Hills
PETALING JAYA (Aug 18): Gamuda Land will be launching the second phase of Hana Gardens at its Jade Hills development in Kajang, Selangor this weekend.
DONE DEAL: Double-storey terraced house, USJ 5, Subang Jaya, Selangor
Sold for: RM880,000 Concluded by: Lai Yan Yin (REN 17086) of MIP Properties Sdn Bhd (012-881 8886) and Calvin Moy (REN 04457) of Reapfield Properties Sdn Bhd (016-692 1567) When: June 2017 Noteworthy: ● Freehold ● Built-up: 2,000 sq ft ● Land size: 22ft x 75ft ● Three bedrooms and three bathrooms ● Strict security ● Surrounded by amenities at Taipan Business Centre Located in USJ 5, Subang Jaya, Selangor, this double-storey home was purchased by a couple with a growing family.
Strong demand for Malton's The Park 2 Pavilion, Bukit Jalil
BUKIT JALIL (Aug 17): Malton Bhd expects units in Tower 1 and Tower 2 of its luxury serviced apartment project, The Park 2 Pavilion Bukit Jalil to be fully taken up by year-end, Bernama reported today.
Next up in Sunway Iskandar: retail village, extreme park and hotel
JOHOR BAHRU (Aug 17): Sunway Property’s Sunway Iskandar township development in Johor will be rolling out a retail village, an extreme park and a hotel over the next few years.
Ascott Residence Trust completes acquisition of Doubletree by Hilton New York-Times Square South
SINGAPORE (Aug 17): The manager of Ascott Residence Trust (ART), Ascott Residence Trust Management, says the real estate investment trust’s purchase of DoubleTree by Hilton New York-Times Square South in New York is now completed, theedgesingapore.
S P Setia 2Q net profit up 8%, secured sales of RM2.07 bil in 1HFY17
KUALA LUMPUR (Aug 17): Property developer S P Setia Bhd posted a net profit of RM136.
Seacera plans RM10 bil property project
BATU CAVES (Aug 17): Seacera Group Bhd plans to develop some RM10 billion worth of properties within its 200.
Kerjaya Prospek bags contract from Aspen Group worth RM442 mil
KUALA LUMPUR (Aug 17): Kerjaya Prospek Group Bhd wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd has been awarded a contract worth RM442 million for the main building works of a proposed development project from Aspen Vision City Sdn Bhd, a joint venture company of Aspen Group and IKEA Southeast.
Bungalow on Lakeshore View in Sentosa Cove, Singapore sold for S$15.5 mil
In Sentosa Cove, a bungalow on Lakeshore View was recently sold for S$15.
