News about properties

GEORGE TOWN: After a delay of almost four years, land reclamation works on the RM10 billion Penang WorldCity mixed-use development in Bayan Mutiara, Penang may finally be moving forward.

KUALA LUMPUR: Amcorp Properties Bhd (AmProp) net profit jumped over two times or 130.

Amcorp Properties Bhd (Nov 5, 93.

THE slowdown in the real estate market does not seem to have deterred property-related companies from buying more land.

Al-Salam Real Estate Investment Trust (REIT) (Oct 27, RM1.

PETALING JAYA (Oct 27): IOI Properties Group Bhd is introducing IOI City Towers, a Grade A office development comprising two office towers within the RM20 billion township of IOI Resort City.

KUALA LUMPUR (Oct 27): IOI Properties Group Bhd, which is expecting its financial year ending Dec 31, 2016 (FY16), to register a flat profit growth, plans to take advantage of the current poor market sentiment to increase its land bank.

NILAI (Oct 23): TH Properties Group, a wholly owned subsidiary of Lembaga Tabung Haji, plans to launch Mahawangsa Square on Saturday Oct 24, with the selling prices starting from RM1,235,500.

KUALA LUMPUR (Oct 23): Milux Corp Bhd, which announced its property diversification last week, said yesterday its maiden property development in Pahang has been revised to five condominium blocks with retail and club facilities, instead of the six blocks that were originally planned.

  PETALING JAYA: IOI Properties Group Bhd is set to launch two new developments – Le Pavillion at Bandar Puteri Puchong and Avira residences at Bandar Puteri Warisan in Sepang – on Oct 24 and Oct 31 respectively.