Sime Darby Property’s latest serviced apartment in Subang Jaya achieved 64% take-up rate over the weekendPETALING JAYA: Lot 15, Sime Darby Property’s latest development in Subang Jaya, has achieved a high 64% take-up rate within two days of its official launch.According to the statement, the...

Expanding its presence in Southern Malaysia: (fourth from right onwards) IQI Group chief operating officer Nabeel Mungaye, chief economist Shan Saeed, Executive director Sheila Tan, chief executive officer Kashif Ansari, southern regions vice president Casse Tio and chief financial officer Shahid...

PETALING JAYA: Net profit of IOI Properties Group Bhd has climbed 26% to RM251.0mil for the first quarter (Q1) of FY 2018 ended Sep 30, 2017.  It recorded an operating profit of RM329.0mil, which is 22% higher than the preceding year corresponding quarter, on the back of RM870.0mil in revenue. The...

PETALING JAYA: UEM Sunrise Bhd (UEM Sunrise) announced its financial results for the nine months ended Sep 30, 2017, where total revenue recorded for the period increased to RM2,155.3mil as compared to RM1,216.8mil reported for the corresponding period in 2016, an increase of approximately 77%....

Move against glut: DBKL has frozen approvals for the development of shopping malls, offices and luxury condominiums priced above RM1mil effective Nov 1 to mitigate the supply glut.PETALING JAYA: An indefinite freeze on approvals for the development of high-end residential and commercial property...

MRT job: The Klang Valley Mass Rapid Transit line is one of the two main projects undertaken by Sunway Construction GroupPETALING JAYA: Sunway Construction Group Bhd’s (SunCon) earnings improved in the third quarter ended Sept 30, as recent contract wins including work on a new light rail...

IOI City Mall is part of a mixed development at the edge of Putrajaya that includes office towers and Le Meridien Hotel. - FilepicKUALA LUMPUR: IOI Properties Group Bhd (IOI Prop) posted a 28.1% jump in earnings to RM242.85mil for the first quarter ended Sept 30, 2017, on higher profits in all...

“We are on track to meet our sales target of RM1.2bil for the current financial year in view of commendable bookings received for Residensi Solaris Parq(pic), Dahlia@Serene Heights Bangi and Mayfair at 412 St Kilda Road in Melbourne,” stated the companyPETALING JAYA: UEM Sunrise Bhd said...

Lim (left) and assistant sales and marketing manager Eddie Chang (right) explaining the connectivity for future tenants of the Razak City Residences.THERE is only one thing that truly matters when it comes to property – location, location and location!This famous expression coined by British real...

Much has been said and written about the retail apocalypse happening in the United States. Are Malaysian shopping malls staring at the same fate?This week on Reel Estate, host Jonathan had the good fortune of meeting up with Sunway Malls chief operating officer Kevin Tan to discuss the future of...