MIPPM: Unsold units also pose big problems for property management

KUALA LUMPUR (Nov 29): A high number of unsold property does not only affect property development, but also property management, says Malaysian Institute of Professional Property Managers (MIPPM) president Sarkunan Subramaniam, commenting on the recently released 1H property market performance by the National Property Information Centre.

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Ekovest posts flat 1Q net profit

KUALA LUMPUR (Nov 28): Ekovest Bhd, controlled by tycoon Tan Sri Lim Kang Hoo, reported a flat net profit for the first financial quarter ended Sept 30, 2017 (1QFY18), as higher sales recognition from its property development projects was offset by lower profits from its construction operations.

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