News about rd

“Invest in the next Shenzhen” and “Right next to Singapore” are some of the taglines used by China-based developers to promote their property projects in Johor Bahru and Iskandar Malaysia.

PETALING JAYA (June 5): Do not expect the property market to experience the kind of boom that it went through in the last cycle — this was IJM Land Bhd managing director Edward Chong’s view of the Malaysian property market.

KUALA LUMPUR (May 31): Hap Seng Consolidated Bhd is looking at expanding its acreage in Sabah as it continues to expect stable contributions from its palm oil plantations division.

KUALA LUMPUR (May 31): MKH Bhd has reported lower net profit and revenue for its second quarter ended March 31, 2017 (2QFY17) mainly due to lower sales revenue and profit recognition from its property and construction segment.

THE top three most profitable deals in the week of May 9 to 16 were in prime Districts 9 and 10, and they were for big, four-bedroom units in older developments.

PETALING JAYA (May 30): IJM Land Bhd has emerged the World Gold Winner in the Master Plan category for its Green Building Index certified green township of Bandar Rimbayu at the Fiabci World Prix d’Excellence Awards 2017.

KUALA LUMPUR (May 29): ML Global Bhd, 56%-owned construction arm of LBS Bina Group Bhd, is placing greater focus on industrialised building system (IBS) adoption to help ease the shortage of labour in the company.

KUALA LUMPUR (May 26): Better cost management has helped lift Titijaya Land Bhd’s net profit by 26.

PETALING JAYA (May 25): Mah Sing Group Bhd will be delivering the vacant possession of Savanna Executive Suites in Southville City, Bangi, Selangor, commencing September this year.

KUALA LUMPUR (May 25): Property developer cum hotel operator Plenitude Bhd saw its third quarter ended March 31, 2017 (3QFY17) net profit declined by 13% to RM12.