Mixed performance in 4Q2016
THE property market in Johor will remain challenging this year and developers will focus on clearing stock and selling products priced below RM700,000.
GSH swings into 4Q and FY2016 losses
SINGAPORE (Feb 28): GSH Corp, the property developer and owner of Sutera Harbour Resort in Kota Kinabalu, swung into losses of S$3.
Eversendai slips into the red with RM193 mil 4Q loss
KUALA LUMPUR (Feb 28): Provision for doubtful debts and higher costs caused Eversendai Corp Bhd to slip into the red with a net loss of RM193.
Boustead 4Q earnings surge on lower operating costs, declares 3.5 sen dividend
KUALA LUMPUR (Feb 28): Boustead Holdings Bhd said its net profit for the fourth quarter ended Dec 31, 2016 (4QFY2016) swelled by 28 times to RM120.
Help for first-timers buying resale HDBs, but no easing of cooling measures
ON Feb 20, Finance Minister Heng Swee Keat announced in his Budget statement that, with immediate effect, the Central Provident Fund’s (CPF) Housing Grant had been raised to $50,000 for first-timer couples buying four-room or smaller HDB flats from the resale market.
Mah Sing's 4Q net profit falls 24% to RM85.61 mil
KUALA LUMPUR (Feb 28): Mah Sing Group Bhd’s net profit for the fourth quarter ended Dec 31, 2016 (4QFY2016) dropped 24% to RM85.
I-Bhd to launch ‘Internet of Things’-ready serviced residences in June
PETALING JAYA (Feb 28): Property developer I-Bhd is planning to launch “Internet of Things” (IoT)-ready serviced residences in i-City, Shah Alam in June, said marketing director Monica Ong.
Upgrading Lifestyles at Eco Sanctuary
The Grandezza viewing deck offers a stunning view of the project.
Mitrajaya's 4Q profit jumps 77%; buys more land via new JV
KUALA LUMPUR (Feb 28): Mitrajaya Holdings Bhd, which announced a 77% jump in its final quarter of financial year 2016's earnings, has partnered up with private developer Gema Padu Sdn Bhd to jointly develop three plots of land that the pair is buying from the latter's subsidiaries.
