News by M

Magna Prima Bhd said today it has appointed Ho Wen Yan as its new executive director. Ho, 42, is currently the executive director and chief executive officer of property developer Hua Yang Bhd.

IOI Properties Group Bhd is looking to launch property projects worth an estimated gross development value (GDV) of RM2 billion to RM2.5 billion in 2017, said chief executive officer Lee Yeow Seng.

The manager of Manulife US REIT reported a distribution per unit (DPU) of 3.55 US cents (5 Singapore cents) for FY16, which exceeded the forecast DPU of 3.39 US cents by 4.8% due to higher property performance and lower borrowing costs and trust expenses.

Kuala Lumpur Kepong Bhd (KLK) is expected to release its first quarter financial year 2017 (1QFY17) financial results tomorrow. We are expecting its core net income to be in the range of RM320 million to RM350 million.

Thanks to the RM55 billion East Coast Rail Link (ECRL), the long-forgotten East Coast of Peninsular Malaysia has somewhat come under the limelight again, despite the numerous questions raised about the railway’s price tag and the eventual benefits it could bring to the country.

Sarawak-based engineering and construction group Hock Seng Lee Bhd (HSL) is all out to cater to the rising demand for affordable housing in the state’s major urban centres, especially Kuching.

Before you commit yourself to a seemingly sound investment, you may want to know some of the more common mistakes made by investors when buying foreign properties.

虽然坊间普遍预料今年的房地产行情将延续去年的颓势，但热衷于产业投资或买卖的你不必过于担忧，因为正如一些投资达人所说，淡市才有更多机会！

Like it or not, almost every business sector is being impacted by the digital disruption wave and traditional businesses have to undergo digital transformation in order to keep their businesses running, including the real estate industry.

In May last year, O&C Resources Bhd (OCR) shareholders gave the rubber and baby products manufacturer the greenlight to diversify into property development.