Trive Property Group Bhd’s net profit jumped to RM24.11 million in the second quarter ended Jan 31, 2023 (2QFY2023), about 18 times the RM1.36 million it made in the same period a year earlier (2QFY2022), thanks mainly to fair value gains of its investment properties that amounted to RM27.26 million.

Rakuten Trade has a “buy” rating on Kerjaya Prospek Group Bhd at RM1.17 with a target price of RM1.70 and said it expects Kerjaya’s FY2023 and FY2204 earnings to improve by 23.5% and 20.0% to RM139.2 million and RM167.0 million, buoyed by higher revenue recognition.

Bagaimana prestasinya setakat ini dalam memimpin kementerian tersebut? Dengan mencapai 100 hari pada awal bulan ini, EdgeProp meninjau usaha penting yang dilakukan oleh ahli Parlimen Teluk Intan tersebut.

Noteworthy:

• Rented
• Built-up size: 654 sq ft
• 1 bedroom, 1 bathroom
• Fully furnished
• Nearby amenities: Pavilion Mall, Fahrenheit88 Mall, Grand Millennium Hotel, Starhill Gallery, Suria KLCC, LRT and MRT stations, F&B outlets
• Accessibility: Federal Highway, EKVE Highway, Jalay Conlay, Jalan Sultan Ismail, Damansara-Shah Alam Highway

When: January 2023

EcoWorld International achieved RM335 million sales plus reserves of RM189 million, totalling RM524 million in the first four months of FY2023. This places it on track to achieve the full year sales target of RM1.4 billion

Hatten Land and Quantum Healthcare have signed a strategic partnership agreement on Wednesday (March 22) wherein Quantum Healthcare will establish a specialist outpatient care centre, Quantum Specialist Centre, at Hatten Land’s Imperio Mall in Melaka.

The project won the highly coveted Malaysia Property Awards (MPA) 2022 by FIABCI under the affordable housing category

Founder and managing director Wilson Law said when WEREG Properties started operations in 2019, it had a total revenue of less than RM2 million, and today it has grown more than a tenfold.

Mah Sing Group Bhd’s M Vertica in Cheras has achieved 90% take-up to date, according to the group in a press release on Tuesday (March 21). The final tower, Tower E, is now open for sale.

Malaysian real estate investment trusts (REITs) remain as safe-haven investments for investors amid market uncertainty, owning to growing contagion fears with the collapse of Silicon Valley Bank and the fallout of Credit Suisse Group AG.