Gamuda’s 3Q net profit falls 4.8%, pays six sen dividend
KUALA LUMPUR (June 30): Gamuda Bhd’s net profit for the third quarter ended April 30, 2016 fell 4.
PROPERTY SNAPSHOT 4: What’s hot in Taman Desa?
• Today, we look at price growth and indicative rental yields for non-landed homes in Taman Desa.
Wish list to new housing minister
PETALING JAYA (June 29): The National House Buyers’ Association (HBA) hopes that the new Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar will encourage greater home ownership.
Mapletree Logistics Trust to acquire Shah Alam warehouse for S$53.2m
SINGAPORE (June 29): The manager of Mapletree Logistics Trust (MLT) is acquiring a warehouse facility in Malaysia at a purchase consideration of RM160 million from its sponsor, Mapletree Investments.
Bina Puri expects order book, earnings to pick up from 2Q
KUALA LUMPUR (June 29): Bina Puri Holdings Bhd, whose net profit slumped 34.
Kota Kinabalu residential market to remain resilient
FOLLOWING the overall soft residential market in Kota Kinabalu last year, opinions are mixed on how the market will perform this year, Rahim & Co Sabah branch manager Max Sylver Sintia says when presenting The Edge/Rahim & Co Kota Kinabalu Housing Property Monitor 1Q2016.
PROPERTY SNAPSHOT 3: What are developments priced in Taman Desa?
• Today, we continue our focus on Taman Desa by looking at average prices on a per sq ft (psf) basis.
GEM Residences 55% sold
PETALING JAYA (June 28): The GEM Residences condominium jointly developed by Gamuda Land, Evia Real Estate and Maxdine Pte Ltd, in Toa Payoh, Singapore, has achieved a take-up rate of 55% since its launch on May 28, said Gamuda Land in a statement today.
Tropicana collaborates with PanaHome Malaysia to build 272 units of semi-dees
PETALING JAYA (June 28): Tropicana Corp Bhd and PanaHome Malaysia Sdn Bhd, a subsidiary of Japan’s PanaHome Corp, have entered into a collaboration to build 272 semi-detached innovative eco homes at its Tropicana Aman township near Kota Kemuning, Shah Alam.
JAKS Resources aims to sell Evolve Concept Mall within a year
KUALA LUMPUR (June 28): JAKS Resources Bhd aims to divest the newly opened Evolve Concept Mall near Ara Damansara, Selangor, within a year to further enhance its financial position.
