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KUALA LUMPUR (Sept 20): Econpile Holdings Bhd has secured an RM18 million contract for the Pavilion Damansara Heights Phase 2 mixed development project.

PETALING JAYA (Sept 20): Most developers are pessimistic on future sales performance, with 76% out of 153 respondents anticipating that their sales will be below 50% in 2H2017 and 1H2018, according to a survey by the Real Estate Housing Developers Association (Rehda) titled “Property industry survey 1H17 and market outlook for 2H17/1H18” in Peninsula Malaysia.

PETALING JAYA (Sept 20): To embrace the current challenging market conditions, more developers are assisting buyers with the 10% downpayment and are lower selling prices to boost sales, according to a recent survey by the Real Estate and Housing Developers’ Association Malaysia (Rehda).

PETALING JAYA (Sept 20): Government incentives are important in encouraging developers to work together in providing more affordable homes to property buyers, said the Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk Seri FD Iskandar Mohamed Mansor.

KUALA LUMPUR (Sept 20): EcoFirst Consolidated Bhd fell 5.

KUALA LUMPUR (Sept 20): Scientex Bhd shares rose 3.

KUALA LUMPUR (Sept 20): Eastern & Oriental Bhd (E&O) has put five other non-core assets up for sale, following the successful disposal of its Lone Pine Hotel in Penang and soon a piece of land in the Kuala Lumpur city centre.

KUALA LUMPUR (Sept 20): Malaysian Resources Corp Bhd (MRCB) announced it had secured two infrastructure construction jobs for a total contract sum of RM204.

KUALA LUMPUR (Sept 20): WCT Holdings Bhd has been awarded a RM199.

PETALING JAYA (Sept 20): The Real Estate and Housing Developers' Association Malaysia (Rehda) recent survey showed that only 31% of respondents had new launches in the first half of the year, representing a 12% drop from 2H16.