EdgeProp editorial and branding head Jacqueline Lim: Penang’s residential overhang steadily eased from 5,493 units in 2020 to 2,069 units in 2024, reflecting a gradual absorption of unsold stock.
For the first nine months of FY2025, EcoWorld’s net profit rose 41.
“Developers often don’t even have dedicated bumi sales staff or marketers, so the message gets lost with prospective buyers.
Looking ahead, the group said it is planning to roll out about RM600 million worth of products in FY2026, with a focus on landed residential projects that continue to see resilient demand.
“The ICP programme has been assigned a preliminary rating of MARC-1IS by MARC Ratings Bhd,” Sunsuria said in a bourse filing on Wednesday.
The group has entered into a deal to sell Vast Furniture Manufacturing (Kunshan) Co Ltd to Kunshan Meiao New Energy Technology Co for 84 million yuan (RM49.
Its wholly-owned Yew Lean Foundry & Co Sdn Bhd has entered into a sale and purchase agreement with Hong Kuan Metals Recycle Sdn Bhd for the disposal of the property, the group said in a bourse filing Wednesday.
The group said its indirect wholly owned subsidiary Trilink Essential Sdn Bhd (TESB) signed the agreement with the landowner, Bongsor Development Sdn Bhd, for the development of the 6.
The company said the land, which is currently vacant, was valued at RM91.
Menara Bukit Ceylon, Kuala Lumpur condo unit sold for RM630k | DONE DEAL UOA Business Park, Selangor office unit rented for RM11.
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