IJM Land sees over 85% Phase 1 units of IKON @ Centrio in Seremban 2 sold
Phase 1 occupies 11.
Phase 1 occupies 11.
Its group chief executive officer Jeffrey Chew Sun Teong said that although the lingering economic uncertainties due to higher interest rate and inflation have dented buyer sentiment in general, new property launches planned for the rest of the year extend the group a stronger earnings prospect.
A townhouse is a unique type of property that has two self-contained, individual homes stacked upon each other.
Yong Tai explained that the massive FY22 net loss of RM346.
The improved earnings were partly boosted by a dividend income of RM24.
The real estate developer, which is 60%-owned by businessman Tan Sri Ter Leong Yap, reported that revenue almost doubled to RM122.
Paramount's property division recorded a 57% revenue jump to RM197 million from RM125.
Its construction business was also weighed by higher material and operating costs, including administrative costs and finance costs, the property developer said in a stock exchange filing.
Chin Hin’s expansion into the property development and construction segment in 2021 has also brought in the revenue of RM12.