LBS posts flat 1Q net profit as revenue drops to lowest in nearly three years
LBS Bina said the property development segment remained its largest revenue contributor, at 96% or RM327 million of the group’s total revenue.
Avaland Bhd sees 60% take-up rate for Amika Residences within two months of launch
Avaland Bhd chief executive officer Apollo Bello Tanco: “This remarkable accomplishment has been further recognised when we managed to secure GreenRE Gold certification for Amika Residences, which is a testament of our continued dedication to develop sustainable projects.
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.
