Maybank IB: Proposed Carey Island port city development to benefit SD Guthrie, with land estimated to be worth RM7.1b
SD Guthrie owns 11,000 hectares or about 85% of land in Carey Island.
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LBS Bina’s unbilled sales stood at RM1.71 bil as at end-May
"LBS Bina's land bank (as at end-May) totalling 2,661 acres will continue to drive growth and profitability, while reaffirming its commitment to maximise shareholder value and deliver sustainable long-term returns,” said its executive chairman Tan Sri Dr Lim Hock San.
MGB bags RM207.03 mil property development project in Sepang
MGB said the contract is for the development of two blocks of D’Island Residence service apartments, along with related facilities.
E&O in talks with banks to raise RM1.5 bil for Andaman Island project
Earlier this year, the group raised RM255.
Kerjaya Prospek climbs to fresh record of RM1.63 after bagging Andaman Island project
The job scope covers the construction of main building works for, amongst others, a 45-storey structure comprising a 38-storey serviced apartment block of 380 units — to be completed within 35 months from Jan 18, 2024.
Short-term rental ban in Penang has led to increase in property value, rental yield, says E&O
E&O executive chairman Datuk Tee Eng Ho: Whichever condominium without Airbnb, their property price goes up, rental even much better.
AMMB provides RM450m financing to E&O’s Andaman Island project in Penang
Every building on Andaman Island has been designed to meet Green Building Certification standards, the statement read, and E&O is working closely with its architects and builders to minimise the use of new raw materials.
E&O posts RM33m profit in 1Q on improved revenue, forex gains
In a bourse filing on Wednesday (Aug 23), the premier lifestyle property developer said revenue jumped by 11.
Analysts maintain 'buy' calls on Gamuda as 3Q earnings meet expectations, expect more job wins
Quarterly net profit edged up 0.
Gamuda kicks off Penang South Island reclamation with RM3.7b Phase 1 works
This involves about 1,260 acres of the total 2,300 acres to be reclaimed for the island known as Island A, which the project developer Silicon Island Development Sdn Bhd — the 70:30 joint venture between Gamuda and the Penang state government — had previously estimated would cost RM6 billion in total to reclaim, with the cost of common infrastructure expected to be RM2.
