KPKT proposes 75% consent threshold for en-bloc sales for urban redevelopment
KPKT is also proposing a consent threshold of a simple majority, which is 51% for abandoned projects to be redeveloped.
Analysts maintain 'buy' on Gamuda, expect strong quarters ahead on high order book, unbilled sales
There are currently 20 "buy" calls and only one "sell" call on Gamuda, with a 12-month average target price (TP) of RM5.
CSG-CIMB ups target price for Sime Darby Property on diversified products, high unbilled sales, strong balance sheet
Sime Darby Property said demand for its landed property remains strong with an average take-up rate of 80% as of end-March 2023.
The REAL deal: Urban redevelopment key to sustainable cities
Malaysian regulations on redevelopment and, by extension, en bloc sales, must change, quickly.
RHB IB sees strong property sales momentum for 2023, 2024
In a sector update on Monday (July 17), the research house said it believes property sales momentum will stay strong this and next year, with the Johor property market seeing sustainable recovery going forward.
EcoWorld on track to achieve RM3.5 bil sales target in FY2023, say analysts
PublicInvest Research, which maintained its “outperform” call on EcoWorld with a target price (TP) of 88 sen, said the current sales of RM2.
There must be political will to reduce property prices
House prices are still rising, albeit at a slow pace.
Tanco buys 50.1% stake in real estate sales processing platform operator for RM20m
The group said it is acquiring the stake in Gplex Properties Sdn Bhd from Googolplex Holdings Bhd, which will still own the other 49.
Sime Darby Property 3Q net profit surges to RM56.13 million as sales exceed 2022 target
“Our residential launches achieved encouraging demands including Serenia City’s ‘Serenia Anira 3’ with 80% take-up, while the semi-detached and detached factories in Elmina Business Park achieved 100% take-ups showing our capability in catering to the needs of businesses of any scale with solutions ranging from ready-built factories to customisable built-to-lease industrial properties.
Pensonic sells land with factory in Penang to paper pulp maker for RM15.8m
KUALA LUMPUR (May 10): Pensonic Holdings Bhd is selling a piece of land in Seberang Perai Tengah, Penang, that has a factory built on it to paper pulp manufacturer HZ Green Pulp Sdn Bhd (HZGP) for RM15.
