IOI Properties 3Q net profit down 54.8% due to buyer's stamp duty in S'pore
KUALA LUMPUR (May 24): IOI Properties Group Bhd saw its net profit fall 54.
Wing Tai general offer seems unattractive
KUALA LUMPUR (May 24): Controlling shareholders of Wing Tai Malaysia Bhd (WTM) want to take the property developer and apparel retailer private at RM1.
‘Setiawangsa-Pantai Expressway alignment still intact’
KUALA LUMPUR (May 24): Ekovest Bhd has come out to say that the alignment of the Setiawangsa-Pantai Expressway (SPE), formerly known as the Duta-Ulu Kelang Expressway Phase 3 (DUKE 3), will not be affected by the recent termination of IWH CREC Sdn Bhd’s purchase of a 60% stake in Bandar Malaysia Sdn Bhd for RM7.
Signs of recovery in high-end condo segment in Singapore
Even on a weekday afternoon, real estate agents are ubiquitous at Gramercy Park: waiting for their clients at the basement carpark; touring the 170,000 sq ft manicured grounds, which include a 50m pool and clubhouse; or viewing the new show suites at the South Tower with prospective buyers.
Tower B of Quarza Residence at KL East to be launched early 2018
KUALA LUMPUR (May 23): Sime Darby Property is planning to launch the second tower of Quarza Residence at its KL East integrated development early next year.
TSR Capital up 1.27% on JV for mixed development in PD
KUALA LUMPUR (May 23): TSR Capital Bhd shares rose 1.
Matrix Concepts plans to raise RM250 mil via sukuk
KUALA LUMPUR (May 22): Matrix Concepts Holdings Bhd plans to raise up to RM250 million from issuance of Islamic commercial papers and/or medium term notes to finance future investments, working capital and capital expenditure.
UOA Development to launch three new projects this year with combined GDV of RM700 mil
KUALA LUMPUR (May 22): Property developer UOA Development Bhd will be launching three new projects this year with a combined total gross development value (GDV) of about RM700 million, according to the group’s senior manager Yap Kang Beng.
TSR Capital plans mixed development in Port Dickson with US-based Globe Ventures
KUALA LUMPUR (May 22): TSR Capital Bhd’s wholly-owned subsidiary and US-based Globe Ventures Holdings Inc (GVHI) propose to jointly develop a mixed development project on 21.
Industry veterans receive BOVAEA recognition
PETALING JAYA (May 22): The Board of Valuers, Appraisers and Estate Agents Malaysia (BOVAEA) has honoured three veterans in the real estate industry at its annual BOVAEA Awards, in recognition of their contributions in the fields of property valuation, property management and real estate.
