Scientex posts best-ever quarter in 4QFY18
KUALA LUMPUR (Sept 21): Scientex Bhd has reported its best quarterly net profit of RM88.
Sentosa Cove's strength becomes its weakness as cooling measures bite – report
PETALING JAYA (Sept 20): Sentosa Cove – Singapore's luxury waterfront enclave which recently appeared in the box-office hit 'Crazy Rich Asians' – was dealt another blow by higher stamp duty on foreign purchasers, further hurting the prospects of its already slow-moving real estate market, reported Bloomberg.
Sime Prop makes it into DJSI, only Malaysia real estate company to make cut
KUALA LUMPUR (Sept 18): Sime Darby Property Bhd (Sime Prop) has been recognised as an index component of the Dow Jones Sustainability Indices (DJSI), after obtaining a good sustainability score that qualified it as an index constituent in the Dow Jones Sustainability Emerging Markets Index.
KL apartment residents fuming over property maintenance
PETALING JAYA (Sept 10): Parking and traffic woes, potholes, stacks of garbage and pests are just some of the problems that are ticking off residents of Taman Lembah Maju 600 Apartment in Kuala Lumpur, reported The Star.
Govt may review foreign property purchase policies – report
PETALING JAYA (Sept 6): Putrajaya may review policies on foreign property purchases as it investigates the ownership of properties by non-Malaysians in the RM410 billion-Forest City in Johor.
Individual owners of Menara UOA Bangsar warn of possible opacity in management of UOA Reit properties
PETALING JAYA (Sept 6): Menara UOA Bangsar interim MC President Datuk Satharuban Sivasubramaniam has urged the management committees of other mixed developments owned by UOA Real Estate Investment Trust (UOA Reit) to take heed of the Menara UOA Bangsar case as he believes the fund has similar practices in managing its other properties as well.
OSK Property’s Shah Alam mixed-use project scores high QLASSIC marks
PETALING JAYA (Aug 30): OSK Property Holdings Bhd’s Emira Residences & Urban Retail project in Shah Alam has achieved a QLASSIC score of 80.
IJM Corp’s order book, unbilled sales seen supporting FY19-FY21 earnings
IJM Corp Bhd (Aug 29, RM1.
Sime Darby Prop eyes up to 10% recurring income contribution
KUALA LUMPUR (Aug 29): Sime Darby Property Bhd (SDP) is targeting its recurring income segment to contribute up to 10% from its profit before interest and tax (PBIT) by 2022 or 2023 as part of the group’s strategic pillars to grow the recurring income, according to group chief financial officer Datuk Tong Poh Keow.
PMO: Property purchase doesn’t promise automatic residency in M'sia
PETALING JAYA (Aug 28): The Malaysian government has stressed that foreigners who wish to reside in Malaysia need to apply for permanent residency through the Malaysia My Second Home (MM2H) program.
