Strong property sales push Gamuda’s 2Q profit up 43%
KUALA LUMPUR (March 24): Gamuda Bhd’s net profit for the second quarter ended Jan 31, 2022 (2QFY22) rose 43.
Jiankun: RM1.2b GDV joint venture fell through due to failure to provide first advance
KUALA LUMPUR (March 24): Jiankun International Bhd said its failure to pay the first advance of RM2 million in time led to the termination of the joint venture agreement (JVA) it inked with Menara Rezeki Sdn Bhd for the redevelopment of Flat PKNS Jalan Tun Razak in Kampung Baru.
Widad to leverage SANY’s IBS tech for RM40b Langkawi project
KUALA LUMPUR (March 23): Construction and integrated facilities management firm Widad Business Group Sdn Bhd (WBG) said Wednesday (March 23) it is considering a partnership with China-based construction machinery manufacturers SANY Group to leverage the latter’s industrialised building system (IBS) technology for its Langkasuka mega-project — a RM40 billion mixed-use complex in Langkawi.
Gamuda Land’s Gamuda Cove receives five-diamond recognition
PETALING JAYA (March 23): Gamuda Land has received a five-diamond recognition for its Gamuda Cove masterplan design at the Low Carbon City 2030 (LCC2030) Challenge ceremony held in Hotel EQ, Equatorial Plaza, Kuala Lumpur on March 22.
HSBC Malaysia, Kerjaya Prospek Property complete first green loan for a property developer
PETALING JAYA (March 23): HSBC Bank Malaysia and Kerjaya Property Sdn Bhd, a subsidiary of Kerjaya Prospek Property Bhd, have successfully completed their first green loan for a property developer.
Boustead Properties partners with Maybank Islamic's HouzKEY
PETALING JAYA (March 23): Boustead Properties Bhd has entered a collaboration with Maybank Islamic to offer its HouzKEY programme, which is currently being offered for projects such as Mutiara Hills in Semenyih, One Cochrane Residences in Kuala Lumpur, and Mutiara Rini in Johor.
Setia Awan’s Phase 2 SOHO Suites 1 of Astrum Ampang opens for registration
PETALING JAYA (March 23): Setia Awan Group has opened for registration 664 units of the Astrum Ampang Phase 2 SOHO Suites 1, following the success of the development's first phase which saw a 90% take up after its launch in 3Q last year.
Preserving nature with innovative green initiatives
The past two years have pushed the property industry to accelerate their digitalisation and sustainability efforts, and companies that do not embrace the change risk becoming obsolete and irrelevant.
Residence and rental returns within one unit at strategic KL address
As an investor aiming for a high recurring income, you want to buy a quality home in a strategic location with matured amenities that can attract good rental demand.
Felda, Encorp in JV to develop low- and medium-cost housing in Perlis for RM57.32m
KUALA LUMPUR (March 22): The Federal Land Development Authority (Felda), which owns 62.
