News by EdgeProp

Find out the y-o-y median transacted price movements of four of PJ’s most popular locales as of Oct 31, 2024 — based on EdgeProp Research and EPIQ platform.

Tropicana Corp Bhd reported a revenue of RM520.9 million for Dec 31, 2024 (4Q2024) which was RM151.8 million or 41.1% higher compared to the corresponding quarter in the preceding year, which was RM369.1 million (4Q2023).

S P Setia Bhd has reported profit before tax (PBT) RM1.12 billion, its highest in five years amidst a competitive market, and a net profit after tax of RM631 million for FY2024.

Recent deals between Quantum Alpha Sdn Bhd (QASB) a subsidiary of Eco World Development Group Bhd (EcoWorld) and Google affiliate, Pearl Computing Malaysia Sdn Bhd (Pearl Computing) will form part of EcoWorld’s recurring income strategy.

Avaland Bhd achieved its highest-ever net profit of RM98.9 million in financial year ended Dec 31, 2024 (FY2024), which was a 50% surge from the RM66.1 million recorded in 2023.

IOI Properties Group Bhd registered a revenue of RM1.42 billion for the first half of financial year 2025 (6M FY2025), which ended on Dec 31, 2024.

REHDA Malaysia is “heartened” by the positive growth as revealed by the National Property Information Centre (NAPIC) in its Property Market Report 2024.

Noteworthy:

• Freehold
• Built-up size: 1,103 sq ft
• Floor level: Low
• Fully furnished
• 2 bedrooms, 2 bathrooms
• Nearby amenities: Sunway 163 Mall, 1 Mont Kiara, Plaza Mont’Kiara, Mont Kiara International School, Garden International School, KLGCC
• Accessibility: SPRINT Kerinichi and Penchala Links, NKVE, DUKE, North-South Expressway, Jalan Duta-Sungai Buloh Highway

When: January 2025

Sime Darby Property Bhd delivered its strongest financial and operational performance to date, marking its third consecutive year of record revenue, profitability and sales performance.

EXAL Group has partnered with Solarvest Holdings Bhd to bring clean energy infrastructures to EXAL’s architectural developments in Sarawak.