Ikhmas Jaya seen to resume its growth trajectory in FY2017
Ikhmas Jaya Group Bhd (Jan 5, 59.
Bandar Malaysia construction jobs could hit RM50 bil
Construction sector Maintain overweight: We met the promoters of Bandar Malaysia to get a better sense of the prospects of the much-talked about Bandar Malaysia.
DONE DEAL: Park Seven condominium, KLCC
Sold for: RM2,450,000 (RM875 psf) Concluded by: Daniel Wong (REN 01967) of Sang Associates (013-3868108) When: August 2016 Noteworthy: ● Freehold ● 2,800 sq ft ● Developed by Selangor Dredging Bhd ● Completed in March 2008 ● 7 blocks of 20 storeys ● 105 units in each block ● Private lift and private lobby ● Unit has a view of Royal Selangor Golf Club and the greenery of Jalan Stonor ● Two car parks ● Maintenance fee is 48 sen psf According to the agent, Daniel Wong of Sang Associates, the selling price of this unit was slightly below market price owing to the slow market.
RHB strategy for 2017: What will hold this retail REIT steady amid a dismal outlook?
SINGAPORE (Jan 5): RHB is maintaining its “buy” call on Frasers Centrepoint Trust (FCT) with a target price of $2.
M101 Dang Wangi set to be handed over by 2H2017
PETALING JAYA (Jan 5): M101 Holdings Sdn Bhd is targeting to handover the Small-office Flexible-office (SoFo) units in M101 Dang Wangi by 2H2017, according to the company’s founder and CEO Datuk Seth Yap Ting Hau.
Ikhmas Jaya secures job worth RM37.74 mil
KUALA LUMPUR (Jan 5): Ikhmas Jaya Group Bhd has been appointed to undertake the piling and substructure work for a commercial building in Damansara, Selangor, valued at RM37.
Gabungan AQRS bags RM360.98 mil construction job in Kuantan
KUALA LUMPUR (Jan 5): Gabungan AQRS Bhd has bagged a RM360.
2017 to be a challenging year for construction industry
THE end of the year is a time to reflect on the challenges faced and achievements made in the past year and to remind ourselves that all may not be so rosy next year.
Raffles Country Club to make way for HSR facilities
SINGAPORE (Jan 4): The Land Transport Authority and the Singapore Land Authority jointly announced on Tuesday evening that the Singapore government has gazetted the site of the Raffles Country Club for acquisition, in order to house the facilities for the Kuala-Lumpur Singapore High Speed Rail (HSR), the western depot of the Cross Island Line, and other transport related needs.
CapitaLand in alleged lease dispute with UK art gallery
SINGAPORE (Jan 4): Franses Gallery, a London-based UK art gallery, says it is currently in the midst of a “bitter [court] dispute” with CapitaLand over a new 15-year lease of purpose-built premises within the Singapore-listed property developer’s Ascott-branded Cavendish Hotel.
