Preparing well for the Covid storm
Has its sales figures been shrunken by the stop work orders due to the pandemic? Yes.
Scientex says FY21 net profit up 17.2% y-o-y to RM457m on record revenue, declares five sen dividend
KUALA LUMPUR (Sept 29): Scientex Bhd's net profit for the financial year ended July 31, 2021 (FY21) rose 17.
Eco World Development surpasses FY21 sales target as 9M net profit up 59.19%
KUALA LUMPUR (Sept 17): Eco World Development Group Bhd’s net profit for the third quarter ended July 31, 2021 (3QFY21) dipped marginally by 1.
Limited impact from lockdown
While the ongoing Full Movement Control Order (MCO) which started on June 1, 2021 is expected to negatively impact Kuala Lumpur’s prime residential property market, Knight Frank Malaysia’s executive director of Research & Consultancy Judy Ong believes the impact will not be significant.
Investment sales rebound across Singapore’s real estate sectors in 2Q2021
SINGAPORE (July 23): Singapore’s residential market climbed 96.
Increasing sales and lettings in London prime market, says Knight Frank
PETALING JAYA (July 1): The annual price growth in prime outer London jumped to 3.
Maybank IB: Weaker 2Q property sales expected but sector on track to recover
PETALING JAYA (June 17): The one-month long full lockdown (FMCO) is expected to affect the property sales and developers’ earnings in the second quarter this year, but Maybank Investment Bank Research believed that property sales will be picking up again once movement restrictions are lifted .
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Sime Darby Property on track to achieve RM2.4b sales target
PETALING JAYA (May 27): Sime Darby Property (SDP) is on track to achieve its RM2.
Matrix Concepts FY2021 net profit rises 9.5% yoy
SEREMBAN (May 25): Property developer Matrix Concepts Holdings Bhd has recorded a net profit of RM259.
Tropicana kicks off FY21 on lower note
KUALA LUMPUR (May 20): Property developer Tropicana Corp Bhd's net profit nearly halved to RM2.
