Magna Prima’s land buy: Above market value, but deemed fair and reasonable
KUALA LUMPUR (Sept 7): Magna Prima Bhd’s proposed acquisition of 5.
Kuala Lumpur slips three spots to No. 20 in PwC's 'Cities of Opportunity' rankings
KUALA LUMPUR (Sept 7): Kuala Lumpur slipped three spots to 20th out of 30 leading cities globally in this year’s "Cities of Opportunity" benchmarking, developed by PricewaterhouseCoopers (PwC), released today.
BNM stands pat on key interest rate at 3%
KUALA LUMPUR (Sept 7): As expected, Bank Negara Malaysia (BNM) today kept its key policy rates unchanged at 3%.
L&G to launch properties worth over RM1.6 bil in next six months
KUALA LUMPUR (Sept 7): Land & General Bhd (L&G) is aiming to launch projects worth more than RM1.
Why Singapore investors continue to hide under REITs
SINGAPORE (Sept 7): CIMB Research is keeping its “overweight” rating on Singapore’s property segment given that investors are still seeking shelter in yield.
Construction of Felda housing project to begin soon
KUALA LUMPUR (Sept 7): The Federal Land Development Authority (Felda) will start the construction of single-storey terraced homes under the Felda New Generation Housing programme in about one or two months, said chairman Tan Sri Mohd Isa Abdul Samad, according to a Bernama report yesterday.
Eversendai’s outlook looks ‘neutral’
Eversendai Corp Bhd (Sept 6, 47 sen) Maintain outperform call with a lower target price of 63 sen: We attended Eversendai Corp Bhd’s briefing and came away feeling “neutral” on its outlook.
A master of his craft
“You coming?” asks Professor Dr Jimmy Lim, founder and principal of Jimmy Lim Design, as he steps into his home office.
Taking Crest Builder to greater heights
CONTRACTOR-cum-developer Crest Builder Holdings Bhd, which has seen its earnings and revenue fluctuate from year to year, plans to reduce the fluctuations by staggering the timing of its property projects, says managing director Eric Yong Shang Ming.
‘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.
