CGS-CIMB Research has maintained its “Hold’ rating on Eco World International Bhd (EWI) at 32 sen with a lower target price (TP) of 35 sen (from 38 sen) and said the company’s 9MFY10/22 results were worse than expectations due to additional costs recognised for built-to-rent (BTR) projects.

Property tycoon Tan Sri Lim Soon Peng has apparently settled a RM330,800 suit filed by SRC International Sdn Bhd and two others against him last year, for receiving money from the companies via instructions from former Prime Minister Datuk Seri Najib Razak.

Menara Maybank appears to have an advantage over its fellow older buildings in terms of securing tenants in the Klang Valley when owner Malayan Banking Bhd (Maybank) moves its head office to Merdeka 118 in 2025.

"Westlite is always exploring ways to grow organically by reconfiguring spaces to increase capacity."

Eco World International Bhd (EcoWorld International) today announced a loss before tax of RM55.45 million in 3Q2022 compared to profit before tax of RM10.33 million in 3Q2021.

Two men and a woman have been remanded for seven days to assist a probe, because they are suspected of being involved in a corruption case involving RM400,000 in relation to the approval of an application to own government land.

Plenitude stated that its property development division contributed higher revenue of RM70.3 million for the current quarter

The property sector has shown signs of recovery in the first half of this year (1H2022) as the economy reopened, but office and retail segments remained challenging amid a supply glut, according to the National Property Information Centre's (Napic) semi-annual report.

Plans to turn Pasir Gudang in Johor is “timely” as the population in the area has surpassed half a million people

Nearly six in 10 people living in Singapore “who want to rent or buy” said they find property becoming more unaffordable.