Lagenda Properties says 3Q net profit down 21.54%, adopts 25% dividend policy
Lagenda Properties managing director Datuk Jimmy Doh said the group’s bookings and sales momentum continued to be healthy, with unbilled sales of RM653.
Lagenda Properties managing director Datuk Jimmy Doh said the group’s bookings and sales momentum continued to be healthy, with unbilled sales of RM653.
Revenue increased 108% year-on-year to RM528.
Looking ahead, Sunway REIT Management Sdn Bhd — the manager of Sunway REIT — said it remains optimistic on the group’s outlook for FY2022, underpinned by strong growth in its retail segment, gradual recovery in the hotel segment and the new income contribution.
Sales came mainly from local projects, which contributed RM2.
For the property development division, Kobay expects positive performance in FY23, on the back of completion of its maiden Langkawi projects by year-end.
The early registrants will be given priority sale upon launch.
DONE DEAL: Shophouse, Bandar Mahkota Cheras, Selangor DONE DEAL: Corner lot bungalow, Seksyen 1, Petaling Jaya, Selangor Pandan Indah Commercial Park houses a range of leasehold shop lots and shop offices.
Talks of the government wanting to promote second-generational loans or dual-generation housing loans are rife, but what is the cost to the rakyat? Doubtless, Malaysia is currently facing a housing crisis where the majority of the rakyat cannot afford to buy their first homes.
Hektar REIT said the Malaysian retail landscape showed steady recovery, as it inches back to the pre-pandemic levels, and this is evident across the REIT’s portfolio.
DONE DEAL: Shophouse, Bandar Mahkota Cheras, Selangor DONE DEAL: Corner lot bungalow, Seksyen 1, Petaling Jaya, Selangor The double-storey, semi-detached house is situated at the developing areas of Seksyen 22, Petaling Jaya, Selangor.