News List

Sungai Buloh Land Development Will Be Positive To Construction Sector, Says HLIB Research

KUALA LUMPUR, Jan 16 (Bernama) -- Hong Leong Investment Bank Research (HLIB Research) expects the development of 942 hectares of land in Sungai Buloh by the Employees Provident Fund's (EPF) wholly-owned unit, Kwasa Land Sdn Bhd, to benefit the construction sector.

IOI Properties Makes Debut On Main Market With 70 Sen Premium From RM2.51 Reference Price

KUALA LUMPUR, Jan 15 (Bernama) -- The IOI Properties Group Bhd made its debut on the Main Market of Bursa Malaysia today, with the opening price at RM3.21 a share, a 70 sen premium from its reference price of RM2.51, with 671.5 million shares transacted.

I-Bhd To Unveil RM1.3 Billion Residential Projects By Second Quarter

SHAH ALAM, Jan 10 (Bernama) -- I- Bhd is expected to launch two residential development projects, worth RM1.3 billion, in the Kuala Lumpur City Centre and i-City here by the second quarter of the year, says Deputy Chairman Datuk Eu Hong Chew.

IOI Properties Targets RM2.5-RM3.0 Billion Sales From New Projects

PUTRAJAYA, Jan 8 (Bernama) -- IOI Properties Group Bhd is targeting sales of between RM2.5 billion and RM3 billion from new projects to be launched this year.

Maybank IB Maintains "Underweight" Rating On Property Sector

KUALA LUMPUR, Jan 8 (Bernama) -- Maybank Investment Bank has maintained its "underweight" rating on the property sector and expect the market to be hit by the new cooling measures of Budget 2014.

Melbourne-based SPEC Property Opens Malaysian Office

KUALA LUMPUR, Jan 7 (Bernama) -- SPEC Property, Melbourne-based property developer, has marked its maiden foray into the Association of South-East Asian Nations (Asean) by setting up a Malaysian presence.

RHB Expects Flattish Growth In Property Prices In 2014

KUALA LUMPUR, Jan 7 (Bernama) -- The property price growth is expected to be flattish this year, with transaction volumes seen declining by five per cent to 10 per cent, said RHB Research.

MREITs To Experience Quiet 2014, Says Kenanga

KUALA LUMPUR, Jan 7 (Bernama) -- The Malaysia Real Estate Investment Trust (MREITs) is expected to experience a quiet year for asset acquisition in 2014 due to the low cap environment for both office/industrial and retail properties, says Kenanga Research.

Kenanga Maintains Overweight On Property Sector

KUALA LUMPUR, Jan 6 (Bernama) -- Kenanga Research has maintained its "overweight" rating on the property sector following low valuations for large cap developers.

GSH Corp Buys Majority Stake In Sutera Harbour Resort

KOTA KINABALU, Jan 2 (Bernama) -- Sutera Harbour Resort has announced a joint venture partnership with GSH Corporation Ltd, a company listed on the Main Board of the Singapore Exchange.