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Ikhmas Jaya wins RM62mil contract
PETALING JAYA: Ikhmas Jaya Group Bhd has been awarded a contract worth RM62.4mil for site work in Terengganu.The construction company said yesterday that it had received the letter of award from Pelaburan Hartanah Bhd to carry out site clearance, earthworks, piling (bore) and pile cap works for a...
Eastern & Oriental to sell more non-core assets, says PIVB Research
KUALA LUMPUR: Eastern & Oriental (E&O) is working on disposing more non-core assets to lighten its debt load, according to a recent meeting with the management, says PublicInvestment Bank (PIVB) Research.Recently, E&O had roped in Kumpulan Wang Persaraan (Diperbadankan) (KWAP) as its strategic...
StarPropertyTV (Video): How to turn your property into a homestay
As rental yields fall in a soft property market, investors will need to opt for more creative methods to maximise their return on investment. One of the methods that is becoming increasingly popular is short-term rentals, or more commonly known as home-sharing or homestays.To learn how to transform...
Fajarbaru project in Melbourne almost sold out
PETALING JAYA: Fajarbaru Builder Group Bhd and its Australian partner Beulah International said their property development in Melbourne is almost sold out.Paragon, touted to be the newest project to be launched in the heart of Melbourne, has seen 90% of its apartments snapped up during the start of...
Hua Yang’s property bet
BY P. ARUNAStrategic location: Magna Prima’s prized asset is the 2.62 acres that used to house Lai Meng School along Jalan Ampang.Will developer get to develop Magna Prima’s prized KL land now that it has become the single-largest shareholder?ON paper, the emergence of property developer Hua...
Hua Yang’s bigger stake in Magna Prima extends its Klang Valley reach
PETALING JAYA: Hua Yang Bhd’s acquisition of an additional 20.12% stake in Magna Prima Bhd would allow the mid-sized property developer to extend its reach in the Klang Valley by tapping into the potential of Magna Prima’s strategic land bank, say analysts.Kenaga Research said it is mildly...
I-Bhd’s value proposition deemed attractive
PublicInvest Research: ‘The ease of connectivity with other major points of commerce within a 20km radius will greatly enhance the attractiveness of and livability in i-City.PETALING JAYA: PublicInvest Research continues to like I-Bhd’s value proposition and i-City’s attractive location and...
Ekovest to gain up to RM71mil for cost savings in Bunus job
KUALA LUMPUR: Ekovest Bhd stands to gain up to RM71mil for delivering cost savings to the government from adopting its enhanced design for the Bunus regional sewage treatment plant in Titiwangsa, Kuala Lumpur.In a filing with Bursa Malaysia, the construction and property development company said...
Strict lending rules contribute to unsold property stocks
Its president Datuk Seri FD Iskandar(filepic), who was revealing Rehda’s Property Industry Survey for the second half of 2016 and Market Outlook for the first half of 2017 yesterday, said end-financing remains the major problem for unsold units and loan rejection, especially for properties priced...
Fajarbaru to jointly pioneer Australia’s high-rise indoor forest
Hallmark: Artist's impression of the succesful Hallmark Ivanhoe project.PETALING JAYA: Fajarbaru Builder Group Bhd and Melbourne-based property player Beulah International have joined hands with world-class design firm Fender Katsalidis Architects (FKA) and award-winning landscape designer Paul...