Sunway Construction Group posts 9% uptick in 4Q earnings
KUALA LUMPUR (Feb 24): Sunway Construction Group Bhd (SunCon) posted a 9.
$6.6 million loss at Seascape mortgagee sale
ON Feb 7, a 4,069 sq ft unit at Seascape in Sentosa Cove was sold at a $6.
DONE DEAL: 2-storey terraced house at Taman Nuri, Bandar Puchong Jaya, Selangor
Sold for: RM695,000 Concluded by: Wa Wa Liew (REN 02732) of Pro-Tech Realty (012-309 7661) When: November 2016 Noteworthy: ● Freehold ● 4 bedrooms and 3 bathrooms ● Built-up: 1,800 sq ft ● Land size: 1,500 sq ft ● Property is more than 20 years old Located between Bandar Sunway and Bandar Kinrara, Bandar Puchong Jaya is a 930-acre township in Puchong, Selangor.
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.
CityDev’s FY2016 earnings fall 15.5% to S$653.2 mil on absence of PPS profit
SINGAPORE (Feb 23): City Developments Ltd (CDL) reported FY2016 earnings of S$653.
2017 continues to favour office-tenant market, says Knight Frank
KUALA LUMPUR (Feb 23): Knight Frank Malaysia expects 2017 to remain as an office-tenant-favoured market due to more incoming supply in 2017 and 2018.
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.
Trinity Group invests RM3 mil for infrastructure enhancement in KL South
PUCHONG (Feb 23): In collaboration with the Kuala Lumpur City Hall (DBKL), boutique developer Trinity Group Sdn Bhd has invested RM3 million to improve the infrastructure surrounding its latest development, Trinity Aquata @ KL South.
