KUALA LUMPUR: Mah Sing Group Bhd plans to launch two new projects – Icon Residence Mont’Kiara and M Suites @ Jalan Ampang - in the second half this year, its managing director and chief executive officer Tan Sri Leong Hoy Kum said on Friday, June 25.

KUALA LUMPUR: Reapfield has won the Real Estate Agency of The Year Award from the Malaysian Institute of Estate Agents (MIEA) National Real Estate Awards 2010. The award, which Reapfield has won for the second consecutive year, will be presented during the MIEA Annual Dinner on Friday, June 25.

IJM Land - Disposes Of Aeon Bandaray

Bagging the big one

HONG KONG: Rents in mass residential housing in Hong Kong have surged more than 20% in the past year and the trend is likely to continue, according to property agents.

Monthly rents at 100 selected housing estates averaged HK$18.40 (RM7.70) psf in May, according to data compiled by Midland Realty.

3Q10  result  was  within  expectation.  The cumulative  net  profit  of  RM204.1m  (36%yoy) accounted  for  75%  of  our  full  year  forecast  of RM269.5m.

BUY RM3.21 KLCI : 1,325.87
Price Target : 12-month RM 4.35
Reason for Report : Analyst briefing on MRT project
Potential Catalyst: MRT project, Vietnam sales

Share Price : RM2.16
Fair Value : RM3.11
Recom : Outperform (Maintained)

KUALA LUMPUR: The South Klang Valley Expressway (SKVE), which is expected to be fully completed in 2012, will complement the integration of Klang Valley’s highway network.

It will serve as a major expressway from the North South Expressway to Putrajaya, Cyberjaya, Telok Panglima Garang, Pulau Carey and to Westport in Pulau Indah.