Gadang's 3Q improves on better property contribution, lower cost of sales
KUALA LUMPUR (April 20): Gadang Holdings Bhd posted a slight increase of 3% in net profit for the third quarter ended Feb 28, 2017 (3QFY17) to RM25.
KUALA LUMPUR (April 20): Gadang Holdings Bhd posted a slight increase of 3% in net profit for the third quarter ended Feb 28, 2017 (3QFY17) to RM25.
PETALING JAYA (April 19): The number of properties launched in the second half of 2016 (2H2016) almost doubled from 1H2016.
KUALA LUMPUR (April 19): The Real Estate and Housing Developers’ Association Malaysia (Rehda) has once again called on the government to review its property cooling measures to boost property sales.
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.
PETALING JAYA (April 18): The average occupancy rate for offices in Kuala Lumpur declined to 77.
PETALING JAYA (April 18): The number of loan applications for residential property purchases totalled 168,154.
KAJANG (April 18): The overall property market slowdown had worsened in 2016 with a decline in transaction volume by 11.
PETALING JAYA (April 17): Gamuda Land’s Valencia township development and Madge Mansions received a Gold and a Silver award respectively, at the recent TheEdgeProperty.
SEEING the value of your property nosedive because of poor management could be an investor’s worst nightmare.
PROPERTY owners have to play their part in ensuring that their property manager does a good job and that the property is well-managed.