Gabungan AQRS 1Q Patmi in line on higher project recognition
Gabungan AQRS Bhd (May 15, 88 sen) Maintain buy with a target price (TP) of RM2.
Phase 2 of Maybank’s HouzKEY to focus on secondary market
KUALA LUMPUR (May 15): Maybank Islamic Bhd’s HouzKEY, Malaysia’s first bank-initiated rent-to-own (RTO) scheme, will launch its second phase which will see the scheme being expanded to cover properties on the secondary market.
Matrix Concepts to jointly develop Islamic financial district in Jakarta
PETALING JAYA (May 15): Matrix Concepts Holdings Bhd today signed a Memorandum of Understanding (MoU) to jointly undertake the development of an Islamic financial district in Pantai Indah Kapuk 2 (PIK 2) Sedayu Indo City, Jakarta, Indonesia.
Enra sells 70% stake in property development firm for RM5.6m
KUALA LUMPUR (May 14): Enra Group Bhd has disposed of its 70% stake in property development firm Landmark Zone Sdn Bhd (LZSB) for RM5.
YTL Corp’s ability to meet its order book target in the near term in doubt
TL Corp Bhd (May 14, RM1.
Savills Malaysia: Housing prices to firm up in 2019
PETALING JAYA (May 14): Property consultancy Savills Malaysia expects housing prices to firm up in 2019, with real estate developers only able to increase supply by early 2020, following renewed confidence in the market from the new government’s promise of clean and fair governance.
Penang to ask SPAD to give priority to LRT project, says Chow
GEORGE TOWN (May 14): The Penang government said it will push for the light rail transit (LRT) project under the RM27 billion Penang Transport Master Plan to be given priority by the Land Transport Commission (SPAD).
Gabungan AQRS says ECRL, Pan Borneo doesn't affect order book
KUALA LUMPUR (May 14): Gabungan AQRS Bhd, which saw its shares plummet 30% to RM1.
Good property management begins with the developer
KUALA LUMPUR (May 12): Property developers usually shy away from the topic of property management because they are reluctant to face the issues of homeowners but this has to change, said Real Estate and Housing Developers' Association (Rehda) Institute chairman Datuk Jeffrey Ng.
Landscape architect: Less is more
KUALA LUMPUR (May 12): Before deciding to purchase a property with fancy landscaping, one should consider future landscape maintenance and upkeep, said Praxcis Design Sdn Bhd director Low Chee Leong.
