News about property development

KUALA LUMPUR (May 26): IJM Corp Bhd’s net profit for the fourth financial quarter ended March 31, 2017 (4QFY17) jumped more than five times to RM236 million from RM44.

KUALA LUMPUR (April 19): ML Global Bhd, which is planning to diversify into property development and investment, says it is in the midst of exploratory talks to buy more lands and to undertake more joint ventures to develop small to medium scale projects.

KUALA LUMPUR (Feb 28): Sunway Bhd’s net profit for the fourth quarter ended Dec 31, 2016 dropped 13% to RM185.

KUALA LUMPUR (Feb 28): Jaks Resources Bhd slipped into the red with a net loss of RM24.

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.