Maybank Investment Research said Sunway City (SuncCity) posted a weak 4QFY09 (RM18 million) net profit on slower sales, construction delays and the absence of new launches.However, sales have since picked up strongly, it said in a research note issued on Aug 25.

Kampar reinvents itselfI’ve not lived in Kampar for very long — just 70 years!” quips long-time resident Wong Kim Foo. “From the 1940s to the 1970s, Kampar depended on the tin mining industry.

Landlords with bad tenants have limited legal means in Malaysia to rectify their plight. A survey among landlords undertaken by online portal Hi5er Club found a lack of regulations on the relationship between landlords and tenants.

Among those at a get-together of Mont’Kiara home owners on Aug 15 was a family of four. Just as they sat down, their friend stopped by, declaring excitedly that he had just come from a new condominium launch in Petaling Jaya.

Some optimism is returning to the Johor Baru housing property market after two consecutive sluggish quarters as a result of the global credit crunch.There were more sales recorded in the primary market in 2Q2009 compared with 1Q2009, says KGV-Lambert Smith Hampton Johor director Samuel Tan when presenting The Edge/KGV-Lambert Smith Hampton Johor Baru housing property monitor for 2Q2009.

KUALA LUMPUR: Mah Sing Group Bhd reported net profit of RM23.04 million in its second quarter ended June 30, a decline of 38% from RM37.25 million a year ago mainly due to timing mismatch but it was optimistic about its outlook with remaining gross development value and unbilled sales of approximately RM4.4billion.

KUALA LUMPUR: Mah Sing Group Bhd reported net profit of RM23.04 million in its second quarter ended June 30, a decline of 38% from RM37.25 million a year ago mainly due to timing mismatch but it was optimistic about its outlook with remaining gross development value and unbilled sales of approximately RM4.4billion.

KUALA LUMPUR: Zelan Bhd is pursuing a few mega infrastructure projects in the country as the company seeks to reduce its overdependence on overseas contracts where it was adversely impacted by the surge in material prices.Its chairman Datuk Anwar Aji said on Aug 19 the company would work out the strategies to have a balance between overseas and local projects and the plan was expected to be pre

PETALING JAYA: Aug 8, 2009 was not just another Saturday at the Perumahan Kinrara Bhd sales office in Bandar Kinrara, Puchong, Selangor. More than 100 home buyers, some of whom had been camping there for 10 nights and 11 days are waiting in a queue to purchase homes at Sentosa, a link house development in Phases B39/B40 in the freehold Bandar Kinrara township.

Aug 8 wasn't just another Saturday at the Perumahan Kinrara Bhd sales office in Bandar Kinrara, Puchong, Selangor. More than 100 home buyers, some of whom had been camping there for 10 nights and 11 days, were eagerly waiting in line for the launch of Sentosa - an 80-link house development in Phases B39/B40 of the freehold township.