Setia stamps its mark in Klang with Trio
S P Setia Bhd’s mixed development known as the Trio by Setia will mark its debut in Klang, Selangor.
Mayland evolves with Hampton Damansara
AFTER a hiatus from launching new projects, Malaysia Land Properties Sdn Bhd (Mayland) had introduced a very different product from its usual offerings in the form of Hampton Damansara serviced apartments at Country Heights Damansara in Kuala Lumpur last November.
Exsim thrives on building unique projects in prime locations
EXSIM Development Sdn Bhd head of planning and development (residential/commercial) Michael Yam strongly believes that high-rise living is a trend that will soon become a norm in the major cities of Malaysia.
Crescendo up 7% on dividend, 4Q net profit increase
KUALA LUMPUR (March 31): Crescendo Corp Bhd climbed as much as 12 sen or 7% after the property developer said fourth quarter net profit rose 262% from a year earlier and declared a dividend of three sen a share.
‘Don’t blame us for delay in Penang third link’
KUALA LUMPUR (March 31): The federal government says it is not to be blamed for any delay in Penang’s third link project as it has yet to receive the feasibility and detailed design studies from the state government.
Rent houses to avoid long-term debt
PUTRAJAYA (March 31): Malaysians should change their mindset and rent houses for a longer period instead of buying them at a young age so as to avoid being trapped in a huge long-term debt, says Second Finance Minister Datuk Seri Johari Abdul Ghani (pictured).
Crescendo Corp 4Q net profit soars on higher property sales
KUALA LUMPUR (March 30): Crescendo Corporation Bhd's net profit for the fourth quarter ended Jan 31, 2017 (4QFY2017) more than tripled to RM11.
CapitaLand continues to deliver balanced results in an uncertain environment
SINGAPORE (March 30): OCBC Investment Research is maintaining its “buy” call on CapitaLand Ltd, raising its fair value estimate on the stock from S$3.
CMMT remains cautious on outlook for FY2017
KUALA LUMPUR (March 30): CapitaLand Malaysia Mall Trust (CMMT) remains cautious on its outlook for financial year 2017 (FY2017) due to a double whammy of topline and rental reversion pressures.
Pavilion REIT sees 'flattish' rental growth for Pavilion Mall
SHAH ALAM (March 30): Pavilion Real Estate Investment Trust (Pavilion REIT) expects "flattish" rental growth in 2017 for its Pavilion Mall in Kuala Lumpur amid a challenging economic environment.
