TRX City invites contractors for pre-qualification exercise
KUALA LUMPUR (May 30): Tun Razak Exchange master developer TRX City Sdn Bhd (TRX City) is inviting contractors to participate in a pre-qualification exercise for a proposed traffic dispersion and improvement to part of Jalan Tun Razak (JTR), and the construction of the TRX ingress and egress.
St Regis Langkawi seen as a boost
LANGKAWI (May 30): Opening up luxury hotels such as The St Regis Langkawi is a strategy to boost the reputation of the island resort particularly among upmarket tourists, said Prime Minister Datuk Seri Najib Razak yesterday.
Higher admin costs, forex losses hit E&O’s FY16 earnings
Eastern & Oriental Bhd (May 27, RM1.
Investors shrug off developers’ unbilled sales
KUALA LUMPUR (May 30): A comforting tune to most developers amid the tepid property market is their rather healthy unbilled sales levels, which are expected to be sufficient to sustain earnings until next year end, at least.
Bina Puri yet to announce new construction jobs
Bina Puri Holdings Bhd (May 27, 37 sen) Maintain hold with a lowered target price (TP) of 42.
RM3b development central to EcoFirst’s turnaround efforts
KUALA LUMPUR (May 30): EcoFirst Consolidated Bhd is marking the start of its expansionary phase, after over five years of restructuring efforts, with the launch of the first phase of its RM3 billion gross development value (GDV) Ampang Ukay development targeted for next month.
Building from scratch
A RANDOM question that popped into his mind during a motorcycle ride 20 years ago has brought Ng Chong Kiat, managing director of CK East Group, to where he is today.
PROPERTY SNAPSHOT 1: Bukit Jalil trending up
• This week, the spotlight falls on the secondary market of non-landed residences in Bukit Jalil, Kuala Lumpur.
Binastra Land to launch flagship integrated development in Chan Sow Lin
PETALING JAYA (May 28): Contractor-cum-property developer Binastra Land Sdn Bhd aims to launch its flagship and largest project – the RM1.