IOI Properties to exceed RM1.7 bil sales target for the year
Property development increased by 72% y-o-y, mainly contributed by the Triling project in Singapore and IOI Palm City in Xiamen.
Property development increased by 72% y-o-y, mainly contributed by the Triling project in Singapore and IOI Palm City in Xiamen.
Major launches in FY16 include Sunway Gandaria (gross development value: RM200 million), Sunway Geo Residences 3 (RM400 million), Casa Kiara 3 (RM200 million), Velocity (RM200 million), Sunway Iskandar (RM400 million) and others.
Gabungan AQRS Bhd’s partnership with state-linked companies, including Sabah’s Suria Capital Holdings Bhd and Tanah Makmur Bhd — whose major shareholders include Pahang’s crown prince Tengku Abdullah Sultan Ahmad Shah — puts it in a good position to bag future jobs.
The domestic property market may be experiencing a downturn at the moment but if the response to the public preview of Sunway Bhd’s Sunway Mont Residences in Mont’Kiara is any indication, there are still bright spots in the gloomy outlook.
Non-landed residential property indices in Bukit Jalil appear affordable. Based on TheEdgeProperty.com’s analysis of transactions, the average transacted price of non-landed homes was RM464 per square foot in1Q2015 while the average transacted price per unit was about RM555,000.
A random question that popped into his mind during a motorcycle ride 20 years ago has brought Ng Chong Kiat, managing director of CK East Group, to where he is today.
Popular as a student and sports hub, the neighbourhood is beginning to grow into a lifestyle destination with the second Paradigm Mall and the second Pavilion Mall coming up in the vicinity.
Rehda’s green rating certification is changing the way buildings are being constructed, renovated and maintained.
While the Malaysian property market continues to face challenges in 2016, Mah Sing Group Bhd remains our top pick. We like Mah Sing’s focus on affordable housing (approximately 50% of financial year 2016 [FY16] launches) in key economic areas, especially the central region.
The highest end of the market will always be in vogue