News List

Kenanga Research Maintains 'Overweight' Call On Property Developers

KUALA LUMPUR, April 2 (Bernama) -- Kenanga Research has maintained an "overweight" call on property developers as it expects the industry's second half performance to be better.

Mah Sing Offers Affordable Homes At Below RM500,000

By Azizul Ahmad

KUALA LUMPUR, April 1 (Bernama) -- Property developer Mah Sing Group Bhd says 45 per cent of its targeted residential launches this year comprises mass market segment affordable products priced at RM500,000 and below.

Property Hunter Expo In Sandakan On April 11-13

KOTA KINABALU, March 31 (Bernama) -- The Sabah Housing and Real Estate Developers Association (Shareda) are organising the Property Hunter Expo in partnership with with Maxx Media (S) Sdn Bhd in Sandakan on April 11-13.

Transaction Volume Of Penang's Secondary Property Likely To Decline Amid Credit Tightening

GEORGE TOWN, March 26 (Bernama) -- The transaction volume of Penang's secondary property market for the first half of this year is likely to decline due to the banks' credit-tightening measures, says Malaysian Institute of Estate Agents (MIEA) Penang.

PCB To Develop KDU University, Integrated Development In Batu Kawan

GEORGE TOWN, March 25 (Bernama) -- Property developer Paramount Corp Bhd (PCB) will start developing 12.14 hectares of freehold land in Batu Kawan, comprising KDU University College and an integrated development.

Property Buyers Adopt Cautious Approach Following New cooling Measures In The Sector

KUALA LUMPUR, March 24 (Bernama) -- Malaysians are adjusting to the new "cooling measures" in the property sector, resulting in them adopting a cautious approach to purchase or invest.

SP Setia Shares Up On News Syed Mokhtar Eyeing Stake

KUALA LUMPUR, March 24 (Bernama) -- SP Setia Bhd's share price on Bursa Malaysia gained interest following a news report that Tan Sri Syed Mokhtar AlBukhary has put in an unsolicited proposal to buy a substantial portion of Permodalan Nasional Bhd's stake in the property company.

Research Firms Revise SP Setia's Earnings Forecast On Weaker First Quarter FY2014 Results

KUALA LUMPUR, March 21 (Bernama) -- Two research firms have revised downward their earnings forecast on SP Setia Bhd (SPSB) following the property developer's lower-than-expected first quarter results ended Jan 31, 2014.

SP Setia Eyes Sales Of RM5 Billion For FY14

SHAH ALAM, March 20 (Bernama) -- Property developer, SP Setia Bhd, aims to achieve sales of RM5 billion from its Malaysian and overseas projects for the financial year ending Oct 31, 2014 (FY14).

SP Setia Q1 Pre-Tax Profit Increases To RM147.16 Million

KUALA LUMPUR, March 20 (Bernama) -- SP Setia Bhd's pre-tax profit for the first quarter ended Jan 31, 2014 rose to RM147.16 million from RM135.731 in the same quarter of 2013.