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KUALA LUMPUR: Shares in Gadang Holdings Bhd have fallen after it reported a 36% in annual profits in its second quarter ended Nov 30, 2019.
WITH 2020 perceived to be another challenging year, property developers are going to need to change and mix things up if they want to continue raking in good profits.
KUALA LUMPUR: The last 12 months have seen important milestones at Lendlease’s 17.5 acre development in the Tun Razak Exchange (TRX) with regard to its retail and residential development.
WITH Permodalan Nasional Bhd (PNB)’s Merdeka 118 tower nearing completion, there is a growing concern that this may add to the existing glut of office space in the Klang Valley.
PETALING JAYA: The local residential market is making a slow comeback, as evidenced by the higher number of launches in the second half of 2019, according to Knight Frank Malaysia.
KUALA LUMPUR: Solid infrastructure investment, as seen in the recent revival of the 196.7ha Bandar Malaysia project, certainly gives a great impetus to the country’s economic growth in the new era, said IQI Global chief economist Shan Saeed.
KUALA LUMPUR: The Pakatan Harapan (PH) government has sent a very clear message to local and global investors that it will continue to maintain macroeconomic stability to drive the economy forward, said IQI Global chief economist Shan Saeed.
PETALING JAYA: The office buildings in the 70-acre Tun Razak Exchange (TRX) and Permodalan Nasional Bhd’s Merdeka 118 are expected to separate themselves from the rest of the Klang Valley in terms of design, quality and tech advances. Not to mention aesthetics.
KUALA LUMPUR: Foreign fund outflow from the local equities market dwindled to RM57.7 million in the Dec 16-19 period compared with a net outflow of RM295.3 million in Dec 9-12, supported by positive developments in the trade war between the United States and China
IT was one of the largest property development projects to be launched, and yet what a downer it was. This was especially evident in Bursa Malaysia’s reception of the RM140bil Bandar Malaysia deal.