Mitrajaya's 3Q net profit surges 97% on higher construction contribution
Mitrajaya said the significantly better performance for the quarter was due to higher contribution from the construction division and its South Africa investment.
Ivory Properties eyes 40-45% gross profit from Penang Times Square's phases four, five
The RM2 billion Penang Times Square project is broken into five phases, with the first two featuring a mall, residential units and commercial lots, while the third phase is currently underway.
Penang seeks explanation for proposed price hike on low cost homes
State housing exco Jagdeep Singh Deo said it was proposed that the prices be raised to RM65,000 for an LC unit and RM100,000 for an LMC unit during a meeting at the National Housing Council in August.
Waiting for cheer from GuocoLand’s divestments
GuocoLand Malaysia has entered into agreements to sell four assets — DC Tower Sdn Bhd, certain offices and car parks at Menara Pandan, a 679.2ha tract in Sepang and a 2,917 sq m parcel in Jalan Changkat Kia Peng, in Kuala Lumpur.
Kuala Lumpur soon to boom with mega projects
Sizeable infrastructure projects could have a cumulative gross development value (GDV) of over RM200 billion in the long term, and that is not including those further from the city centre.
PROPERTY SNAPSHOT 2: What’s affordable in Puchong South?
Based on theedgeproperty.com’s analysis of transactions in the 12 months to 3Q2014, the average transacted price was RM170 per square foot (psf) in 3Q2014, while the average transacted price per unit was RM127,000.
Johor state govt attempts to revitalise Mall of Medini in Nusajaya
The Medini Mall, a shopping centre located near Legoland Theme Park here will undergo a transformation in an effort to woo more visitors.
‘1MDB only holds 20% of Air Itam land purchased’
GEORGE TOWN: Government strategic fund 1Malaysia Development Bhd (1MDB) only holds 20% or 23.47 acres (9.5ha) of the 116.89 acres of freehold land it purchased in Air Itam in 2013, revealed Chief Minister Lim Guan Eng last Friday.
