IGB’s 1Q net profit triples, boosted by land disposal gains
Revenue for the quarter, meanwhile, increased by 5% year-on-year to RM416.
Revenue for the quarter, meanwhile, increased by 5% year-on-year to RM416.
Net profit rose to RM29.
The planned launches consist of The Lume, a 261-unit residential condominium with a GDV of RM689 million, Marina, a serviced apartment project with an estimated GDV of over RM600 million and phase two of Senna and Fera, a 68-unit landed home project with an estimated GDV of nearly RM300 million, its managing director Kok Tuck Cheong told a press conference after the company’s 4QFY2024 result briefing on Tuesday.
The two projects will provide earnings visibility of up to four years, group executive chairman Datin Toh Siew Chuon said at Kerjaya Prospek Property's financial results briefing on Tuesday.
The entire Elmina Ridge 1 development comprises 228 units of superlink, cluster and semi-detached homes with a total gross development value (GDV) of RM373 million.
DONE DEAL: Factory, Gelang Patah, Johor DONE DEAL: Bungalow, Ukay Heights, Ampang, Selangor The average transacted prices of non-landed properties in Cyberjaya seem to be on the up.
Nippon Paint said TCCS is the first in the region offering tailored refurbishment solutions ranging from repainting to re-waterproofing and reflooring.
For the fourth quarter ended March 31, 2024, net profit more than doubled to RM36.
The group registered a 20% or RM14.
The only requirement for participants is to secure their dream home this year and provide proof of purchase with a signed sale and purchase agreement for any residential property dated after June 30.