E&O’s 4Q profit doubles, proposes stock dividend
KUALA LUMPUR (May 25): Eastern & Oriental Bhd’s net profit for its fourth quarter of its 2015 financial year has doubled to RM100.
WCT 1Q profit drops 17% on completion of projects
KUALA LUMPUR (May 25): WCT Holdings Bhd’s net profit declined 17% to RM33.
Commercial banks say no truth in tougher credit checks on home buyers
KUALA LUMPUR (May 25): The Association of Banks in Malaysia (ABM), which represents 27 commercial banks operating in the country, said it is "not true" there are now tougher credit checks on potential home buyers.
Build housing project in rural areas too, says exco member
SEREMBAN (May 25): The Negri Sembilan government has urged developers to develop housing projects in rural areas too instead of only focusing in town areas.
Supply glut in Iskandar haunts UEM Sunrise
KUALA LUMPUR: UEM Sunrise Bhd, the largest landlord in the Iskandar region in Johor, has seen its share price shrink to only one-third of its peak at RM3.
PROPERTY SNAPSHOT Steady appreciation in Bangsar
• This week, we focus on one of Kuala Lumpur’s trendiest neighbourhoods, Bangsar.
Lady Violet’s home, anyone?
KUALA LUMPUR (May 23): Fancy living in a historic manor featured in one of the most popular TV series to come out of the UK? Savills has listed Byfleet Manor in Surrey — Lady Violet’s home in hit TV series Downton Abbey — for £3.
UMCity Medini Lakeside breaks ground
NUSAJAYA (May 22): The groundbreaking ceremony for UMCity Medini Lakeside was held in Medini Iskandar yesterday.
PROPERTY SNAPSHOT What’s hot in KLCC?
• Today we look at price growth and indicative asking rental yields for non-landed residences in the KLCC area.
JW Marriott opens 11th hotel in China
SHANGHAI (May 19): JW Marriott Hotels & Resorts continues to expand its luxury portfolio in China through its 11th property – the JW Marriott Hotel Zhejiang Anji, which opened yesterday.
