Thriven Global FY2016 shows higher losses after audit due to impairment
KUALA LUMPUR (April 26): Thriven Global Bhd said its audited net loss for the financial year ended Dec 31, 2016 (FY16) was much larger as compared the unaudited net loss, due to impairment on the disposal of Bukit Tunku land.
Singapore residential market likely to recover by early 2018, says JLL
THE strong bids for the Toh Tuck Road site on April 11 and high developers’ sales numbers unveiled by URA on April 17 are more signs that the Singapore residential market may be turning the corner, says JLL.
UEM Sunrise partners real estate agencies to offer one-stop management services
KUALA LUMPUR (April 25): SCM Property Services Sdn Bhd, a wholly-owned subsidiary of UEM Sunrise Bhd, will be introducing a one-stop real estate management service concept in collaboration with eight real estate agencies.
Unravelling the knots of property management (Part 2)
This is Part 2 of the Q&A with speakers following TheEdgeProperty.
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.
Sales from new property launches improved in 2H2016, says Rehda
PETALING JAYA (April 19): The number of properties launched in the second half of 2016 (2H2016) almost doubled from 1H2016.
Rehda: Review cooling measures to boost sales
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.
ML Global eyes more JVs, land buys to undertake property projects
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.
Occupancy rate for KL offices down to 77.9% as at end-2016
PETALING JAYA (April 18): The average occupancy rate for offices in Kuala Lumpur declined to 77.
