‘Recovery will be a gradual process’
IREKA Group of Companies has been keeping a relatively low profile in the property development sector in the past few years.
Ireka Development Management plans three launches in next 12 months
PETALING JAYA (Sept 3): Believing that the market will start recovering in 2017, Ireka Development Management Sdn Bhd’s chief operating officer Raymond Chin says the group is planning to roll out three projects in the next 12 months, with a total gross development value (GDV) of more than RM700 million.
Guocoland's 4Q profit down 45%, plans 2 sen dividend
KUALA LUMPUR (Aug 26): Property developer Guocoland (Malaysia) Bhd’s final quarter ended June 30, 2016 (4QFY16) saw a 45% decline in net profit to RM94.
Semenyih’s growth spurt
SEMENYIH, a small town whose name originated from the Malay word “Sembunyi” (hidden place), is no longer such a place.
Office markets in KL and Selangor expected to remain subdued
PETALING JAYA (Aug 10): The KL fringe and Selangor office markets are expected to remain subdued while KL city is expected to face downward pressure underpinned by persistent low oil prices, said property consultancy firm Knight Frank Malaysia in its “Real Estate Insights research report for 1H2016”.
No public involvement in MRT trial run, says MRT Corp
KUALA LUMPUR (Aug 3): No members of the public will be involved in the three-month trial run of Phase 1 of the mass rapid transit Sungai Buloh-Kajang Line (MRT Line 1) that is slated to begin on Oct 1, said Mass Rapid Transit Corp Sdn Bhd (MRT Corp).
Gamuda Land’s Jadite Suites achieves 82.8 CONQUAS score
KAJANG (July 25): Gamuda Land’s serviced apartment project Jadite Suites in Kajang has achieved a Construction Quality Assessment System (CONQUAS) score of 82.
Gamuda builds RM63m international school in its township
KAJANG (July 21): Gamuda Land Sdn Bhd, the property development arm of Gamuda Bhd, is investing RM63 million to build an international school campus at its Jade Hills township in Kajang, Selangor.
Ireka plans six projects worth RM1.3b
KUALA LUMPUR (July 18): Property development and construction outfit Ireka Corp Bhd, which unexpectedly announced last Tuesday that it had called off its plan to build a RM203.
