EUPE anticipates better FY17 with Novum’s contribution

KUALA LUMPUR (Aug 22): After a rather dismal year in which earnings plummeted 75% on reduced profit margin as revenue slid 23% on lower construction contribution, Kedah-based property player EUPE Corp Bhd expects its financial year ending Feb 28, 2017 (FY17) to chart better numbers in both revenue and profit.

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Property market in 2H2016 to remain subdued

PETALING JAYA (July 27): The outlook for the property market in the second half of 2016 (2H2016) is expected to remain subdued, said Valuation and Property Services Department director-general Datuk Faizan Abdul Rahman at the Malaysian Property Summit Mid-Year Review 2016 today.

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Primary market property sales plunge in 1H2016

KUALA LUMPUR (July 27): Primary market property sales plunged in 1H2016 from a year ago, underpinned by the sluggish global economy and poor local market sentiments, according to preliminary figures by the Valuation and Property Services Department.

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More malls consolidation expected this year

KUALA LUMPUR (Feb 10): Property consultancy firm Rahim & Co highlights the possibility of more consolidation of the Klang Valley's retail space this year as more malls are launched, contributing to a growing glut in the sector.

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