News about property development

KUALA LUMPUR (Feb 16): I-Bhd recorded a 9.

GEORGE TOWN (Dec 8): The Gamuda Bhd-led Penang Transport Master Plan has been factored into the Penang Structure Plan 2020-2030 (PSP2030) to facilitate the issuing of guidelines involving transport-oriented development (TOD), an official said today.

KELANA JAYA (Nov 2): Housing prices  could only come down to the affordable level if all stakeholders were  willing to work together to bring down the development cost, said Rehda (Real Estate and Housing Developers’ Association) Institute chairman Datuk Jeffrey Ng Tiong Lip.

KUALA LUMPUR (Aug 25): Property developer and hotel operator Plenitude Bhd saw its net profit fall 84.

A new player in the property market, YGS Property Development Sdn Bhd is starting its journey with a 278-unit serviced apartment development in Bandar Puchong Jaya — one of the popular areas for first-time homebuyers.

KUALA LUMPUR (Dec 21): SYF Resources Bhd is taking a contrarian view on the property development segment at a time when slowing demand has led many property developers to defer new launches.

KUALA LUMPUR (Nov 17): Malaysian Resources Corp Bhd plans to undertake a private placement of up to 20% of its issued and paid-up share capital to its major shareholder Gapurna Sdn Bhd and independent third-party investors to be identified later, which could raise up to RM612.

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.

KUALA LUMPUR (Aug 21): WCT Holdings Bhd reported a 9.