Mah Sing says expanding landbank as 1Q revenue tops RM723 mil
KUALA LUMPUR (May 31): Mah Sing Group Bhd is expanding its landbank as the property developer plans some RM1.
LBS Bina still positive on China joint venture
KUALA LUMPUR (May 31): LBS Bina Group Bhd has said it is still positive on its joint venture with China's local investment arm Zhuhai Jiuzhou Group Holdings Ltd, as the company expects to obtain planning and layout approvals for the project within the next few months.
MKH’s 2Q net profit falls 10.8% on lower revenue, slowing property and construction segment
KUALA LUMPUR (May 31): MKH Bhd has reported lower net profit and revenue for its second quarter ended March 31, 2017 (2QFY17) mainly due to lower sales revenue and profit recognition from its property and construction segment.
Fajarbaru 3Q earnings surges eight times on property development revenue
KUALA LUMPUR (May 31): Fajarbaru Builder Group’s net profit in the third quarter ended March 31, 2017 (3QFY17) grew close to eight times to RM22.
Mulpha 1Q net loss narrows on higher property, investment profits
KUALA LUMPUR (May 31): Mulpha Internatinational Bhd’s first quarter net loss narrowed to RM1.
Mudajaya continues losing streak in 1Q
KUALA LUMPUR (May 31): Mudajaya Group Bhd started its financial year 2017 with a net loss of RM26.
LBS Bina’s 1Q net profit soars 47%
KUALA LUMPUR (May 31): LBS Bina Group Bhd’s net profit soared 47% to RM24.
Auditor casts going concern doubts on Damansara Realty
KUALA LUMPUR (May 31): Damansara Realty Bhd’s external auditor has issued a statement regarding a material uncertainty in the financial statements of Damansara Realty that may cast significant doubt on the company’s ability to continue as a going concern.
Large units in Singapore prime districts fetch bigger profits on resale
THE top three most profitable deals in the week of May 9 to 16 were in prime Districts 9 and 10, and they were for big, four-bedroom units in older developments.
Three S'pore property developers to snap up with the impending market uptick
SINGAPORE (May 30): Maybank Kim Eng Research is turning positive on Singapore’s property developers with expectations of a potential rebound in property prices, even without further policy easing.
