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Over the past decade, condominium projects linked to an MRT station have generated strong sales.

KUALA LUMPUR (May 17): Paramount Corp Bhd’s first quarter ended March 31, 2017 (1QFY17) net profit was 14% lower at RM8.

PETALING JAYA (May 17): Hua Yang Bhd has ended its 2017 financial year (FY2017) with a profit after tax (PAT) of RM60.

SINGAPORE (May 17): DBS’s top picks for beneficiaries to the potential relaxation of property measures in Singapore are UOL Group and Frasers Centrepoint even though most developers have re-rated following the positive sentiment in the Singapore property market.

MELBOURNE (May 17): OSK Property Holdings Bhd plans to have the Malaysian preview of its first project in Melbourne, Australia by early June.

PETALING JAYA (May 17): Urban regeneration organisation Think City has embarked on a pilot project to promote the creation of rooftop and vertical gardens in Kuala Lumpur city.

KUALA LUMPUR (May 17): Mah Sing Group Bhd has acquired a 3.

HO CHI MINH CITY (May 17): Gamuda Land, the property arm of Gamuda Bhd is planning to launch the first block of apartments in the Emerald Precinct at its township development Celadon City in Ho Chi Minh City (HCMC) by mid-June.

  PETALING JAYA (May 17): Mah Sing Group Bhd’s The Loft @ Southbay in Bayan Lepas, Penang is on track for completion by the end of this year.

KUALA LUMPUR (May 17): Shares in Iskandar Waterfront City Bhd (IWCity) rose in active trade this morning after Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan said IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again as long as the offer is right for the Malaysian government.