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KUALA LUMPUR (April 19): GuocoLand (Malaysia) Bhd saw a 38% decline in net profit for its third financial quarter ended March 31, 2017 (3QFY17) to RM8.

SHAH ALAM (April 19): Property developer S P Setia Bhd has launched a differential sum loan scheme that offers interest rates from 5.

KUALA LUMPUR (April 19): Analysts are holding their earnings forecast for S P Setia Bhd after it won the tender for a plot of prime land in Singapore, amid concern over the group’s valuation due to the high cost of the land.

KUALA LUMPUR (April 19): Iskandar Waterfront City Bhd (IWCity) has requested for more time to deliberate on the proposed merger with its major shareholder Iskandar Waterfront Holdings Sdn Bhd (IWH).

KUALA LUMPUR (April 19): The Real Estate and Housing Developers’ Association Malaysia (Rehda) has once again called on the government to review its property cooling measures to boost property sales.

KELANA JAYA (April 19): Homebuyers need to be more realistic when it comes to choosing a preferred  location for their potential homes, said the Real Estate Housing Developers’ Association Malaysia (Rehda).

PUNCAK ALAM (April 19): Eco World Development Group Bhd (EcoWorld) today signed two memoranda of understanding (MoUs) with Brainy Bunch International Islamic Montessori for the sale of lands at its mixed development townships to the latter, at a price to be determined later.

KUALA LUMPUR (April 19): Paradigm Mall Johor Bahru (JB), which is set to open in November this year has secured more than 200 tenants to date.

KUALA LUMPUR (April 19): ML Global Bhd, which is planning to diversify into property development and investment, says it is in the midst of exploratory talks to buy more lands and to undertake more joint ventures to develop small to medium scale projects.

KUALA LUMPUR (April 19): AmFIRST Real Estate Investment Trust (REIT) saw its net property income (NPI) grow by 15.