Paramount posts profitable 3Q as property sales rebound and construction works resume

Nov 28

KUALA LUMPUR (Nov 28): Paramount Corp Bhd returned to the black with a net profit of RM19.

Property developers seen revising sales, launch targets as Covid-19 takes toll on economy

May 05

KUALA LUMPUR (May 5): Hong Leong Investment Bank Bhd (HLIB) said today it sees the likelihood of property developers in Malaysia revising sales and launch value targets as the Covid-19 pandemic takes its toll on the broader economy.

SP Setia 2Q net profit up 77% on year at RM443m

Aug 23

KUALA LUMPUR (Aug 23): SP Setia Bhd's second quarter net profit rose 77% year-on-year to RM442.

Sales of new residential launches improve in Johor

Apr 19

PETALING JAYA (April 19): The residential property sector in Johor has seen improved sales performance with 44.

Better earnings needed for IJM Corp

Mar 16

IJM Corp Bhd (March 15, RM3.

Are luxury properties making a comeback despite the slow market?

Mar 11

PETALING JAYA (March 11): Despite developers scaling back on new property launches, the number of new bungalows and garden villa units launched in 2H2015 have jumped to 312 from 24 units in 1H2015, according to the Real Estate Housing Developers Association of Malaysia (Rehda) Property Industry Survey 2H2015.

Chennai new launches held back on property glut

Feb 16

CHENNAI (Feb 15): Chennai recorded a 62% drop in new property launches in 2015 compared to 2014, due to a lot of existing supply in the market, according to JLL India.