PropNex Malaysia CEO Marcus Teng explained that if the government can successfully increase household incomes, it could improve affordability for first-time homebuyers.
TA Securities and Hong Leong Investment Bank (HLIB) said the net gearing of IOI Properties would substantially rise to 0.
DONE DEAL: Terrace house, Taman Puncak Jalil, Selangor DONE DEAL: Office, Menara The Stride, Bukit Bintang City Centre, Kuala Lumpur South of Damansara Heights is Damansara Endah, where average transaction prices for landed residential properties have increased by 73.
Quarterly revenue grew 20.
Shenton House covers 3,377 sq m and is designated for commercial use with a gross plot ratio (GPR) of 11.
Gamuda's core net profit could come in between RM230 million and RM250 million for the third quarter ended March 31, 2024 (3QFY2024), the research house said in an earnings preview note.
The RTS, which is currently 65% finished and expected to start running in 2026, will make it much easier for people to travel between the two areas, boosting economic activity.
The construction firm announced that its wholly owned subsidiary, Grand Dynamic Builders Sdn Bhd (GDBSB), had accepted a letter of award for the construction of Plot B of a logistics hub from Strategic Sonata Sdn Bhd.
This strong project portfolio has strengthened IJM Construction's order book to RM7 billion, comprising high-profile private and public sector projects in building construction and civil engineering, ensuring near-term earnings visibility, said IJM.
As the main contractor, GDB has to design, build and maintain the five-storey ramp-up warehouse, complete with offices, amenities, and supporting facilities.
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