Saturday, January 30, 2010
IOI Properties upbeat, plans new launches
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Property developer IOI Properties Bhd expects sales to grow by 30 per cent for its current fiscal year ending June 30 2010, driven by the la...
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Magna Prima to launch 5 projects in Klang Valley
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PROPERTY developer Magna Prima Bhd will launch five projects, worth a combined RM1.2 billion, in the Klang Valley in the second half of the ...
SP Setia in growth mode in southern Johor
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Land JV in China (RM500mil GDV) is expected to take off after all the necessary approvals are obtained in the next 12-18 months, JP Morgan s...
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Joint ventures the new way to build?
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The coming together of two well regarded property groups, Sime Darby Property Bhd and Sunrise Bhd, to jointly develop a RM1bil integrated co...
IOI expects brisk sales of Adenia phase one homes
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KUALA LUMPUR: IOI Corp Bhd’s property arm IOI Properties Bhd is confident of selling all 147 residential units offered under phase one of it...
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MK Land profit down, sees better year ahead
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PETALING JAYA: Property developer MK Land Bhd reported a lower net profit of RM3.8mil in the second quarter ended Dec 31 from RM5.2mil a yea...
MK Land's Q2 profit hurt by higher expenses
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PROPERTY developer MK Land Holdings Bhd's second quarter net profit dropped by almost a third because of lower operating income and high...
Friday, January 29, 2010
Sunrise prefers markets with fewer home players
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KUALA LUMPUR: Sunrise Bhd wants to expand into markets where there aren’t many Malaysian developers, said executive chairman Datuk Tong Kooi...
Sunrise current income sustainable: Analysts
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Property analysts are optimistic Sunrise Bhd will sustain its current earnings level into the financial year ending June 31, 2011, given the...
Sunrise H1 profit falls 13pc to RM72m
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Property developer Sunrise Bhd saw its net profit fall 13 per cent to RM71.8 million for the half-year ended December 31 2009. Its executive...
Thursday, January 28, 2010
Development of i-City enters 2nd phase this year
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The second phase of I-Berhad's integrated commercial development in Shah Alam, Selangor, is expected to kick off later this year, its to...
Malaysia property market to ride on new wave of interest
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CB RICHARD Ellis (Malaysia) Sdn Bhd (CBRE), a real estate services company, expects the number of property transactions in the country to im...
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Mah Sing eyes RM1b in 2010 property sales
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Malaysia’s Mah Sing Group Bhd aims for property sales to climb 39 per cent to RM1 billion (US$292 million) this year as an economic recovery...
Sime Darby Prop eyes more tie-ups
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PETALING JAYA: Sime Darby Property Bhd is in discussions with a few potential partners for possible joint ventures (JV) to develop its vast ...
CBRE sees office rentals in Malaysia stabilising in H1
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KUALA LUMPUR: CB Richard Ellis Malaysia Sdn Bhd (CBRE) expects office rentals in Malaysia to stabilise in the first half of 2010, barring an...
Ivory seeks investor for planned hotel
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A 352-room hotel, an exhibition and convention centre along with commercial lots will form the third and fourth phases of the RM1.1 billion ...
Sunrise upbeat on prospects with locked-in unbilled sales
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KUALA LUMPUR: SUNRISE BHD posted net profit of RM34.52 million for the second quarter (2Q) ended Dec 31, 2009 and is upbeat for the remaini...
Sunway City said to have hired coordinators for REIT listing
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PROPERTY developer Sunway City has hired RHB Investment Bank and Credit Suisse as the main coordinators for the planned listing of its real ...
Wednesday, January 27, 2010
Property prices may rise 5% to 10%
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KUALA LUMPUR: Property prices in Malaysia are forecast to increase by 5% to 10% this year against last year in line with the recovering econ...
Malaysian property market tipped to improve in 2010
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The Malaysian property market, estimated to have registered transactions worth RM75.42 billion last year, is expected to improve further in ...
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