Glomac 2Q net profit up 33.1% driven by key property projects
KUALA LUMPUR (Dec 3): Glomac Bhd saw its net profit rise 33.
AmProp’s prime London projects remain popular
Amcorp Properties Bhd (Dec 2, 91 sen) Maintain buy with an unchanged target price (TP) of RM1.
SunREIT sees resilient earnings from retail malls
THE current slowdown in the property market cycle may not be all doom and gloom, at least for Sunway Real Estate Investment Trust (SunREIT).
PROPERTY SNAPSHOT 4: What's hot in Damansara / Bandar Utama?
These are the price growth trends and indicative asking rental yields for non-landed residences in Damansara/Bandar Utama.
Kwasa Land announces Naza TTDI as its latest development partner for Plot R2-1
KUALA LUMPUR (Dec 2): A development rights agreement for Plot R2-1 was today signed between landowner Kwasa Development (3) Sdn Bhd, a wholly owned subsidiary of Kwasa Land Sdn Bhd, and development partner Naza TTDI Sdn Bhd for a 12.
Shah Alam condo management bans long-staying foreigners
PETALING JAYA (Dec 2): The management of Alam Prima condominiums in Shah Alam, Selangor, says it is not against foreigners living there, despite it displaying banner over its main entrance clearly stating that foreigners are not welcome.
Consultant to trace owners to resolve Kampung Baru land issues
KUALA LUMPUR (Dec 2): The Kampung Baru Development Corporation (KBDC) will appoint a consultant to intensify efforts to trace the village's landowners or their beneficiaries through a "Jejak Waris" programme, Bernama reported.
UEM Sunrise-WCT JV for RM3b Selangor project a win-win deal
KUALA LUMPUR (Dec 2): UEM Sunrise Bhd and WCT Holdings Bhd's planned RM3 billion property development in Selangor is expected to help UEM Sunrise diversify from its Johor-centric projects and cut WCT's debt.
Penang LRT construction work to start in 2018
KUALA LUMPUR (Dec 2): Construction work on the Penang light railway transit (LRT) project, which is part of the first phase of the island’s Transport Master Plan (TMP), will start in 2018.
Impiana Group to triple hotel rooms in three years, in talks to add more
IMPIANA Sdn Bhd, the operator of Impiana Hotels & Resorts, will triple the number of rooms under its management to 3,151 by 2018 as it expands its portfolio in Malaysia, Indonesia, Thailand and the Maldives.
