Guocoland's 2Q profit lower on absence of land sale proceeds

Jan 26

KUALA LUMPUR (Jan 26): Guocoland (M) Bhd, the property arm of Hong Leong Group, saw its net profit for the second quarter ended Dec 31, 2017 (2QFY18) contract to RM965,000 from RM110.

KIP REIT says yield highest among REITs, declares 1.75 sen DPU

Jan 25

KUALA LUMPUR (Jan 25): KIP Real Estate Investment Trust (KIP REIT) posted a net property income (NPI) of RM10.

KLCCP Stapled Group posts flattish net profit at RM345.5m in 4Q

Jan 25

KUALA LUMPUR (Jan 25): KLCCP Stapled Group's net profit remain relatively flat at RM345.

Political uncertainty negatively impacts commercial property, says Knight Frank

Jan 24

KUALA LUMPUR (Jan 24): With Malaysia’s general elections looming, political uncertainty has affected market sentiments and this will have an impact on the general property sector and the commercial property segment in particular.

Prasarana: Rapid KL Monorail suspends four-car train sets

Jan 24

KUALA LUMPUR (Jan 24): Prasarana Malaysia Bhd said Rapid KL Monorail Line has temporarily suspended operations of its four-car train sets for safety checks.

Crest Builder up 3% after RM328 mil Desa Parkcity job award

Jan 24

KUALA LUMPUR (Jan 24): Crest Builder Holdings Bhd’s share price rose as much as 3% this morning, following announcement of its receipt of a RM328.

Axis REIT sees marginal decline in 4Q NPI, plans final 0.92 sen DPU

Jan 24

KUALA LUMPUR (Jan 24): Axis Real Estate Investment Trust's (Axis REIT's) net property income (NPI) for the fourth quarter ended Dec 31, 2017 (4QFY17) slid 1% to RM35.

UPDATE: Construction work at Taman Desa goes on; DOSH investigation underway

Jan 24

PETALING JAYA (Jan 24): Residents at Taman Desa are worried about their safety as construction at The Address project site continued this morning even though the collapsed crane has yet to be removed, while the Department of Occupational Safety and Health Malaysia (DOSH) investigates the incident.