Sunway's 1Q net profit up 22% amid stronger earnings from property, healthcare segments
The diversified group saw its net profit for the quarter ended March 31, 2024 (1QFY2024) rise to RM172.
Lagenda Properties buys land in Kedah for affordable housing development
Lagenda said it entered into a deal on Tuesday to buy the three plots of land from plantation company Hock Lean Rubber Estate Sdn Bhd to expand its land holdings and solidify the group’s position as a developer of affordable townships in Kedah.
DONE DEAL: Factory, Gelang Patah, Johor
DONE DEAL: Bungalow, Damansara Heights, Kuala Lumpur DONE DEAL: Condominium, Menara Bukit Ceylon, Bukit Ceylon, KL Industrial properties around Gelang Patah, Johor, saw a 40.
Ehsan Bina Group partners Maybank Islamic to provide financing solution
Maybank Islamic’s HouzKEY programme is a financing option that provides 100% financing to homebuyers with no instalment during the construction phase, no downpayment and lower monthly repayment upon completion.
MIPFM: Property and facility managers' inputs crucial for Urban Redevelopment Act
Malaysian Institute of Property and Facility Managers (MIPFM) president Ishak Ismail: “That would be very helpful towards the redevelopment exercise.
RHB IB upbeat on Gamuda’s prospects in Ho Chi Minh City, raises target price to RM6.55
In a note on Monday, the research house said that based on its assessment, Ho Chi Minh City is set to grow and be a major driver of Gamuda Land’s growth in Vietnam while maintaining the country’s contribution of at least 25% to 30% of group revenue in the coming years.
Office fit-out costs in Singapore rise to S$188 psf, highest in Southeast Asia
Among Southeast Asian cities, Manila had the second highest average office fit out cost at S$129 psf, followed by Bangkok at S$144 psf.
Ho Hup's property development unit applies for judicial management
In a filing with Bursa Malaysia on Friday, Ho Hup said GWSB’s judicial management application is part of GWSB’s efforts to rehabilitate the company in a bid to regularise its financial condition and maximise returns to creditors as opposed to being wound up.
