News about myedgeprop

Its Elmina Rainforest Knowledge Centre (ERKC) bagged silver in the Environmental Category, acknowledging its contributions to environmental literacy and urban biodiversity conservation and its positive sustainability impact on Malaysia’s real estate industry.

UEM Sunrise will be collaborating with Logos in several areas, including end-to-end construction management, technical work, and assisting in government-related processes, such as licensing applications and securing state approvals.

According to AME Elite, the proposed acquisition, which is expected to be completed by the third quarter of this year, presents a strategic investment opportunity to increase its land bank.

On Thursday, MRCB reported that its net profit for 1QFY2024 plunged 65% year-on-year to RM3 million, due to lower sales and billings, following the completion of two major projects.

According to Deputy Minister of Housing and Local Government Datuk Aiman Athirah Sabu, there are 175 unlicensed abandoned private housing projects remaining in Peninsular Malaysia.

MRCB said it plans to focus on boosting cash flow by monetising its unsold completed stock, which amounted to RM342.

From better progress billings and project cost savings, capital financing from a growing loan portfolio, and better economies of scale and industries from growing demand for cables and the industrialised building system (IBS).

Looking to the final quarter of the financial year, IOI Properties said the group is optimistic of a satisfactory performance, adding that its property development segment in the Klang Valley is poised to improve with a strong pipeline of launches while its Johor projects are well-capitalised on various proposed initiatives taking shape in the state.

The integrated construction engineering outfit will undertake the main contract works for Phase 2 and 3 of the development under the contract it received from property developer Fields Of Forest Sdn Bhd (FOFSB).

MGB mentioned that the early completion of Idaman Melur was made possible through the use of the company's in-house industrialised building system (IBS) precast concrete technology.