IJM Corp 3Q net profit drops 46% due to absence of one-off gain
KUALA LUMPUR (Feb 23): IJM Corp Bhd’s net profit dropped 46% to RM138.
Tambun Indah Land to roll out RM170 mil worth of launches in 2017
PETALING JAYA (Feb 23): Penang-based property developer Tambun Indah Land Bhd plans to launch three new projects worth about RM170 million for 2017, said the developer.
Matrix Concepts posts RM50.4 mil profit for 3Q, declares 3.5 sen dividend
KUALA LUMPUR (Feb 23): Property developer Matrix Concepts Holdings Bhd has reported a net profit of RM50.
S P Setia eyes higher sales this year after exceeding RM3.5 bil target in 2016
KUALA LUMPUR (Feb 23): S P Setia Bhd has achieved sales of RM3.
House prices can be reduced up to 40% by offering bare units, says Rehda past president
KUALA LUMPUR (Feb 23): If developers adopt the core housing development concept, house prices could come down by 30% to 40%, said past president of the Real Estate and Housing Developers' Association (Rehda) Datuk Ng Seing Liong.
Econpile surges 7.46% on bagging RM570.4 mil job
KUALA LUMPUR (Feb 23): Econpile Holdings Bhd shares surged 7.
US federal court approves plan to sell Jho Low’s hotel
KUALA LUMPUR (Feb 23): A US federal judge has given the green light for the US Department of Justice (DoJ) and New York developer Steven Witkoff’s proposed plan to sell the Park Lane Hotel, The Wall Street Journal (WSJ) reported.
Glomac 3Q net profit down 72% as revenue fell
KUALA LUMPUR (Jan 22): Glomac Bhd saw its net profit plunge 72% to RM5.
Penang, Sabah picked as top investment regions for leisure/hotel sub-sector
PETALING JAYA (Feb 21): Penang and Sabah remain the most attractive regions for investment in the hotel or leisure sub-sector, according to respondents of Knight Frank’s Malaysia “Commercial Real Estate Investment Sentiment Survey 2017” (CREISS).
Melati Ehsan to develop more affordable housing
KUALA LUMPUR (Feb 21): Melati Ehsan Holdings Bhd will focus on affordable-housing development around the Klang Valley to rely less on its construction segment.
