News about properties

KUALA LUMPUR (Feb 5): Amcorp Properties Bhd’s (AmProp) net profit for the third quarter ended Dec 31, 2015 (3QFY16) fell 9.

KUALA LUMPUR (Feb 4): Selangor Properties Bhd (Selangor Prop) has acquired four parcels of land, measuring a total of 5,253 sq m in Kuala Lumpur for RM32.

PETALING JAYA (Jan 29): The property market slowdown might represent an investment opportunity for when the market improves, said Chester Properties head of projects, Matthew Kuan, at a briefing by TheEdgeProperty.

Amcorp Properties Bhd  (Jan 18, 83 sen) Maintain buy with an unchanged target price of RM1.

  Northeast Penang is perceived as the upmarket part of the island, but Southwest Penang is becoming more appealing with numerous projects underway related to the Penang Second Bridge and Penang Transport Master Plan.

YOU might not know it just from looking at him, but Mont’Kiara based GMAC Realtors chief operating officer, Jonathan Lee began playing the violin at age four, and was playing in an orchestra at seven.

PUTRAJAYA (Jan 5): IOI Properties Group Bhd expects the financial year ending June 30, 2016 (FY16) to be a challenging but surmountable financial year for the company, due to the soft property market.

PUTRAJAYA (Jan 4): IOI Properties Group Bhd  is targeting to begin construction of Phase 2 of IOI City Mall here before this year end, with an investment of RM500 million.

Sold for: RM1.

SELANGOR (Dec 11): IOI Properties Group Bhd will launch its next commercial offering Enigma Square in its new 370-acre township Bandar Puteri Bangi in January next year, said IOI Properties chief operations officer Teh Chin Guan (pictured) at the groundbreaking ceremony of Tesco Bandar Puteri Bangi today.