News about property development

KUALA LUMPUR (Dec 3): Ekovest Bhd shares rose 6.

KUALA LUMPUR (Nov 26): IJM Corp Bhd's net profit plunged 80.

KUALA LUMPUR (Nov 8): A-Rank Bhd has proposed to diversify its business to include property development, in view of intense market competition faced by its existing aluminium business.

KUALA LUMPUR (Nov 7): I-Bhd has posted a 21% drop in net profit to RM5.

  SHAH ALAM (Oct 23): The Selangor state government aims to launch 30,000 units of affordable homes under its Rumah Selangorku housing scheme over the next five years, said Selangor Menteri Besar Amirudin Shari.

KUALA LUMPUR (Oct 16): Kerjaya Prospek Group Bhd said today its order book will be boosted by some RM400 million by year-end, contributed by its private arm’s planned RM1.

KUALA LUMPUR (October 3): Savills Malaysia chairman Datuk Christopher Boyd said the thresholds for foreign property buyers should be removed in order to deal with the oversupply issue seen in the residential segment.

KUALA LUMPUR (October 3): Property developers are behaving more and more like local councils, Deputy Housing and Local Government Minister Datuk Raja Kamarul Bahrin Shah said, noting that this has given rise to the current form of townships that are not centralised and are dominated and led by private developers.

SERI KEMBANGAN (Oct 2): While it is still unclear when the property market will recover from the current slowdown, there are still opportunities to seize in the market, according to industry experts.

SERI KEMBANGAN (Oct 2): While the government is asking property developers to lower home prices following the Sales and Service Tax (SST) exemption on construction services and building materials, industry players said lower prices can be achieved if issues such as labour shortage and the lofty compliance and development costs are addressed.