Developers’ margin woes to stay
KUALA LUMPUR (Dec 22): Property developers may need to brace for a sustained low-margin environment next year as they continue building new affordable homes that are expected to crimp their margins.
JKG Land's 3Q back in black with RM2.7m net profit on property development gains
KUALA LUMPUR (Dec 21): Stronger property development contribution lifted JKG Land Bhd’s earnings.
AZRB rises on RM138m Universiti Teknologi Petronas construction job
KUALA LUMPUR (Dec 22): Ahmad Zaki Resources Bhd (AZRB) rose as much as five sen or 5% to 97.
Ahmad Zaki bags RM138.4m construction job at UTP
KUALA LUMPUR (Dec 22): Ahmad Zaki Resources Bhd (AZRB) has bagged a RM138.
DONE DEAL: Nadi Bangsar serviced residence, Bangsar, Kuala Lumpur
Rented for: RM4,100 (RM5.
Johor and Melaka see sharp rise in land auctions
Malaysia’s southern region states of Johor and Melaka have recorded a significant increase in land auctions in the first nine months of 2017 (9M17) compared with the same period last year.
Ibraco to unveil RM1.5b mixed development in Kuching by 1Q18
KUALA LUMPUR (Dec 21): Sarawak-based Ibraco Bhd is looking to launch its 123-acre mixed development called Northbank in Kuching by the first quarter of 2018.
TSR Capital bags 6.52-acre Kwasa Damansara project
PETALING JAYA (Dec 21): TSR Capital Bhd today received a letter of award (LoA) from Kwasa Land Sdn Bhd to develop a 6.
Malaysia’s tallest building to be completed in 2Q18
PETALING JAYA (Dec 21): The Exchange 106 at Tun Razak Exchange is poised to be Malaysia’s tallest building once it is completed in 2Q18, according to the New Straits Times.
Knight Frank: Bite-sized homes below RM1m supply to rise in 2018 on development freeze
PETALING JAYA (Dec 21): The recent freeze on four types of developments — including condominiums and serviced apartments priced from RM1 million — will introduce more shoebox dwellings with absolute prices below the threshold, said Knight Frank Malaysia Sdn Bhd research and consultancy executive director Judy Ong.
