IOI Properties 4Q net profit jumps 169%, declares two sen dividend
KUALA LUMPUR (Aug 27): IOI Properties Group Bhd posted a net profit of RM118.
Lagenda Properties and Solarvest partner to build solar-ready homes
PETALING JAYA (Aug 25): Property developer Lagenda Properties Bhd has appointed Solarvest Holdings Bhd as its solar photovoltaic systems partner to install 1,000 residential solar PV systems across three township projects developed by Lagenda Properties in Perak.
FDI is 'essential factor' to help property market recover
KUALA LUMPUR (Aug 14): Foreign direct investment (FDI) is an essential factor if the local property market is to recover, experts tell The Edge Malaysia.
Johor Corp to sell 'at least' two hospitality assets
KUALA LUMPUR (Aug 7): State investment arm Johor Corp (JCorp) is looking for buyers for The Puteri Pacific Hotel in Johor Bahru and Hotel Selesa Pasir Gudang, according a report by The Edge Malaysia.
Ivory Properties to jointly develop residential properties in Kedah
KUALA LUMPUR (Aug 3): Ivory Properties Group Bhd has teamed up with ECK Development Sdn Bhd to jointly develop residential components at AirportCity and Aerotropolis in Kedah.
Time to invest in KL prime property?
Investing in luxury properties is like starting a business – it’s a commitment you say yes to only after careful calculations.
Enra buys selected assets for RM60m from MTU Services for leaseback deal, plans MRO collaboration
KUALA LUMPUR (July 8): Enra Group Bhd has proposed to acquire four properties and selected assets such as plant, equipment, inventories and machinery from MTU Services (Malaysia) Sdn Bhd for RM60 million.
UEM Sunrise sells Mersing land for RM45m to Lagenda Properties
KUALA LUMPUR (July 2): UEM Sunrise Bhd said it has sold three parcels of freehold agriculture land in Mersing, Johor to Lagenda Properties Bhd for RM45.
Lagenda Properties expands landbank with 500 acre purchase in Kuantan
PETALING JAYA (June 23): Lagenda Properties Bhd (via its wholly-owned subsidiary, LPB Development Sdn Bhd) has entered into a Sale and Purchase Agreement (SPA) with SST Development Sdn Bhd to acquire 500 acres of land in Kuantan, Pahang.
Report: Low interest rates ‘fuelling’ debt accumulation by households
KUALA LUMPUR (June 19): Historically low interest rates are “fuelling” debt in Malaysian households, “which have funnelled loans mainly to the purchase of residential properties and passenger cars”, The Edge Malaysia reported this week.
