KUALA LUMPUR (May 16): Property and power company Tadmax Resources Bhd is confident of a turnaround this year, backed by earnings contribution from its RM1 billion gross development value Mizumi Residences project in Kepong.
KUALA LUMPUR (May 16): Frenzy buying interest in Iskandar Waterfront City Bhd (IWCity) in the afternoon trading session pushed up its share price by 29.
Sales of luxury condominiums in the prime districts have been picking up steadily.
KUALA LUMPUR (May 15): Bina Darulaman Bhd's net profit fell 88% to RM279,000 in its first quarter ended March 31, 2017 (1QFY17), mainly due to a loss of interest income from the early settlement of financing for the Insaniah University College (KUIN) campus project.
KUALA LUMPUR (May 11): Perbadanan PR1MA Malaysia (PR1MA) will put up for sale a total of 21,672 homes with an estimated gross development value of RM2.
PETALING JAYA (May 3): A total of 11 Rumah Selangorku projects, amounting to 2,820 units of affordable homes, will be completed by the end of this year, according to the Selangor Housing and Property Board (LPHS).
SINGAPORE (May 10): Kevin Xayaraj has stepped down from his position as CEO and executive director of Sabana Real Estate Investment Management (SREIM), the manager of Sabana REIT.
Construction sector Maintain overweight call: Over the weekend, local newspapers covered several “what if” scenarios following the termination of the share sale agreement of the 60% stake in Bandar Malaysia to the 60:40 consortium formed by Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) — valued at around RM7.
KUALA LUMPUR (May 9): 1Malaysia Development Bhd (1MDB) president Arul Kanda Kandasamy has yet to receive any “official notification” of being removed from the board of TRX City Sdn Bhd and Bandar Malaysia Sdn Bhd.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
