Seacera to participate in RM338m project
KUALA LUMPUR (Feb 14): Tile maker and property and construction group Seacera Group Bhd is buying a 70% controlling stake in builder Teras Sari Resources Sdn Bhd, which is undertaking a RM338.
Damansara Realty targeting 15% topline growth in FY18
KUALA LUMPUR (Feb 13): Damansara Realty Bhd — which just returned to black in its financial year ended Dec 31, 2017 (FY17) — expects to sustain its earnings growth momentum in FY18, and targets a topline growth of up to 15% year-on-year.
Damansara Realty posts profits after three straight years of losses
KUALA LUMPUR (Feb 13): The strategic restructuring plan in September 2016 has helped to bring Damansara Realty Bhd back to the black in the fourth quarter ended Dec 31, 2017 (4QFY17), after three consecutive years of losses.
Good times set to roll at MB World
KUALA LUMPUR (Feb 12): MB World Group Bhd, whose net profit for 2017 more than tripled to RM16.
Prasarana, SMRT to form JV firm to operate JB-Singapore rail link
KUALA LUMPUR (Feb 9): Prasarana Malaysia Bhd and Singapore's SMRT Corp Ltd will form a joint venture (JV) company to operate the Johor Bahru-Singapore Rapid Transit System Link (RTS Link).
‘Demand for high-rise residences picking up in Sarawak’
PETALING JAYA (Feb 6): High-rise residential projects have seen stronger demand in Sarawak, according to Malaysian Institute of Estate Agents (MIEA) Sarawak branch chairman Datuk Alex Ting.
EdgeProp Malaysia’s Best Managed Property Awards back with new categories!
PETALING JAYA (Jan 26): EdgeProp Malaysia’s Best Managed Property Awards, which aims to raise the bar on property management practices in the country, is back with two new categories this year.
Guocoland's 2Q profit lower on absence of land sale proceeds
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.
Political uncertainty negatively impacts commercial property, says Knight Frank
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
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.
