Surprises continue as Sapura picks itself up
KUALA LUMPUR (October 1): Shareholders of Sapura Energy Bhd may have to have strong hearts to handle surprises, both positive and negative.
Developers undeterred by sales slowdown
KUALA LUMPUR (October 1): Property developers acknowledge that unbilled sales are on the decline but say the situation is not so bad and they are still able to record decent earnings.
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UPDATE: Dwindling unbilled sales
KUALA LUMPUR (October 1): The fact that most property developers’ unbilled sales — sales which are already locked in but not yet captured in the books — have been declining does not seem to come as a surprise to many analysts given the lack of catalysts moving the property sector.
A chance to see the Tan Hua 'bloom' before your very eyes
PETALING JAYA: Remember the blooming of the “Tan Hua” party scene in the Hollywood blockbuster Crazy Rich Asians? The “Tan Hua” in the movie looked real but the flower that blooms only once a year is certainly not something you can get from anywhere, hence the plants in the movie had to be handmade from scratch.
Property investors should diversify portfolio to commercial and industrial properties, says expert
PETALING JAYA (Sept 29): Property investors should consider diversifying their portfolio into alternative assets such industrial properties, offices and shops, rather than concentrating all their investments in a single type of property, according Axis REIT Managers Bhd head of investment Siva Shanker.
Developers must cut profits to lower property prices – report
PETALING JAYA (Sept 29): The only way developers can bring property prices down is by cutting their profit margins, said a property industry observer.
KPKT may help developers, home owners sell properties priced below RM500,000
PETALING JAYA (Sept 28): The Housing and Local Government Ministry (KPKT) is looking at absorbing properties – both on the primary and secondary markets – priced at below RM500,000 into its pool of one million affordable homes.
Sultan Azlan Shah airport to undergo upgrade
IPOH (September 28): Sultan Azlan Shah Airport will be upgraded to enhance passenger experience and improve aircraft traffic control.
Battersea Phase 2 deal may see another delay
KUALA LUMPUR (September 28): The deadline to finalise the proposed £1.
Revamp for PNB’s five-year transformation plan
KUALA LUMPUR: Permodalan Nasional Bhd (PNB), the country’s largest fund management company, will revise its five-year transformation programme that ends in 2022, says Tan Sri Dr Zeti Akhtar Aziz who took over as group chairman from Tan Sri Abdul Wahid Omar on July 1.
