Stronger quarters ahead expected for Titijaya
Its earnings visibility is strongly backed by RM409 million unbilled sales and some RM1.75 billion planned launches in FY18.
Its earnings visibility is strongly backed by RM409 million unbilled sales and some RM1.75 billion planned launches in FY18.
We are expecting Vivocom to continue to bid for affordable housing and infrastructure projects in Perak, Terengganu and the Klang Valley.
In the current property market, why are there projects selling out overnight and people queuing days before a property launch?
As one of the growing nations in Southeast Asia, high-rise development is the way to go in urban locations.
Malaysia urgently needs timely and accurate property market data.
The property investment division also saw improvement in earnings.
The property segment recorded a small profit before tax gain of RM1 million for 3QFY17, which is a significant improvement over the losses from the previous quarters.
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The building comes with 84% secured tenants where the anchor tenant is Prudential Assurance Malaysia.
SunCon’s 9MFY17 revenue of RM1.3 billion (+7% y-o-y) came in strong as a result of better-than-expected construction revenue of RM1.21 billion (+16.9% y-o-y).