Awarding the wacky and whimsical
PAM-Tan Sri Chan Sau Lai Architecture Award recognises outstanding achievements in design by architectural graduates and gives them a head start in the profession and industry.
CIDB, eight others to standardise engineering measures
Lack of uniform standards had resulted in higher building costs.
PROPERTY SNAPSHOT 4: What’s hot in Tropicana/South Sunway Damansara?
Prices on the secondary market here are strong, mirroring that of adjoining Kota Damansara. A major catalyst is the Tropicana Gardens project, which includes an MRT station and a mall, where residences were launched at over RM1,000 per square foot (psf).
Mah Sing revises sales target to RM2.3bn for 2015
Mah Sing Group Bhd has revised its sales target for the year to RM2.3 billion from RM3.4 billion and has also scaled back its launches to RM2 billion from RMM3.4 billion amid a softer market.
Shopping: RM500 mil Aman Central opens in Alor Setar on Oct 1
Retail part of integrated development expected to attract out of state and Thai clientele.
PROPERTY SNAPSHOT 3: What are developments priced like in Tropicana?
In the review period, transactions of non-landed residences in the secondary market have yet to breach the RM1,000 psf level, although this will likely change once Tropicana Gardens is completed, as primary prices there have exceeded that threshold.
Private investment slows, propped up by MRT-like mega projects, says RHB Research
RHB Research Institute says slowing growth in the second half of the year could be supported by mega infrastructure projects such as the Mass Rapid Transit (MRT) line extension.
Sunway’s other divisions will cushion impact of soft property market
The 1HFY15 core net profit represents 65% and 58% of our and consensus estimates. The operating result was beyond expectations, with estimated earnings before interest and taxes at 76% of our full-year forecast.
E&O’s 1Q net profit up 22.68% on sale of land bank
Revenue for 1QFY15, however, declined 46.9% to RM68.89 million from RM129.74 million for 1QFY14, the property developer’s filing with Bursa Malaysia showed yesterday.
PROPERTY SNAPSHOT 2: What’s affordable in Tropicana?
Based on theedgeproperty.com’s analysis of transactions in the 12 months to 3Q2014, the average transacted price per square foot (psf) was RM539 in 3Q2014, while the average transacted price per unit was RM661,000.
